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Cash

£106M

-1.5% vs 2023

Net assets

£2B

+79.6% vs 2023

Employees

180

+9.1% vs 2023

Profit before tax

£1B

+597% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £28,400,000£28,100,000
Operating profit -£2,800,000-£12,000,000
Profit before tax £157,600,000£1,098,500,000
Net profit £115,000,000£886,500,000
Cash £108,000,000£106,400,000
Total assets less current liabilities £1,200,900,000£2,246,000,000
Net assets £1,081,200,000£1,942,200,000
Equity £1,081,200,000£1,942,200,000
Average employees 165180
Wages £14,800,000£20,100,000

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin -9.9%-42.7%
Net margin 404.9%3154.8%
Return on capital employed -0.2%-0.5%
Gearing (liabilities / total assets) 11.6%15.3%
Current ratio 22.26x24.99x
Interest cover -1.40x-6.00x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
RSM UK AUDIT LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Following their assessment on going concern, the directors considered it appropriate to prepare the financial statements of the Company and the Group on a going concern basis. The Group has sufficient financial resources and liquidity and is well positioned to manage business risks in the current economic environment and can continue operations for a period of at least 12 months from the date of this report.”

Group structure

  1. PENTLAND CAPITAL HOLDINGS LIMITED · parent
    1. Batson & Webster Limited 100% · United Kingdom · Investment holding company
    2. Boxfresh Holdings Limited 92.86% · United Kingdom · Trading company
    3. Manchester Square Enterprises Limited 100% · United Kingdom · Investment company
    4. Pentland BA Holdings Limited 100% · United Kingdom · Investment holding company
    5. Pentland Capital Limited 100% · United Kingdom · Investment holding company
    6. Pentland Cherry Limited 100% · United Kingdom · Investment company
    7. Pentland Dubag Leo Limited 100% · United Kingdom · Investment company
    8. Pentland Industries Limited 100% · United Kingdom · Intermediate holding company
    9. Pentland International Limited 100% · Jersey · Non-trading company
    10. Pentland Investment Holdings Limited 100% · Jersey · Intermediate holding company
    11. Pentland USA Inc. 100% · United States of America · US parent and holding company
    12. The Acme Facilities Group Limited 100% · United Kingdom · Supply, installation and servicing of commercial refrigeration, air conditioning and catering equipment
    13. Pentland Securities Limited 100% · United Kingdom · Investment company
    14. Pentland Wholesale Limited 100% · United Kingdom · Distribution of commercial refrigeration, air conditioning and catering equipment
    15. 18 Seymour Mews Limited 100% · United Kingdom · Dormant company
    16. A & B Securities Limited 100% · United Kingdom · Dormant company
    17. Catering Equipment Professional Limited 100% · United Kingdom · Dormant company
    18. H & H Refrigeration Limited 100% · United Kingdom · Dormant company
    19. Pentland Shoe Company Limited 100% · United Kingdom · Dormant company
    20. Pentland Sports Group Limited 100% · United Kingdom · Dormant company
    21. Pentland Sports Limited 100% · United Kingdom · Dormant company
    22. Pentland Ventures Limited 100% · United Kingdom · Dormant company
    23. Pentland Wholesale (NI) Limited 100% · Northern Ireland · Dormant company
    24. Refrigeration Professional Limited 100% · United Kingdom · Dormant company
    25. RSH Managed Funds Limited 100% · United Kingdom · Dormant company
    26. Severn Catering Services Limited 100% · United Kingdom · Dormant company

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

10 active · 0 resigned

Name Role Appointed Born Nationality
CULLEN, Timothy Edward Secretary 2022-06-16
OCORIAN SECRETARIES (JERSEY) LIMITED Corporate Secretary 2022-06-16
LONG, Andrew Michael Director 2022-06-16 Apr 1971 British
MORGAN, John Dennis Director 2022-06-16 Feb 1953 British
MOSHEIM, Alison Jayne Director 2022-06-16 May 1967 British
MOSHEIM, Barry Allan Director 2022-06-16 Jul 1967 British
RUBIN, Andrew Keith Director 2022-06-16 Jan 1965 British
RUBIN, Angela Sophia Director 2022-06-16 Oct 1937 British
RUBIN, Carolyn Louise Director 2022-06-16 Nov 1960 British,American
RUBIN, Robert Stephen Director 2022-06-16 Dec 1937 British

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 17 of 17 total filings

Date Type Category Description
2025-10-07 AA accounts Accounts with accounts type full
2024-11-26 AA accounts Accounts with accounts type full
2023-10-13 AA accounts Accounts with accounts type full
2023-03-22 OSCH02 other Change company details overseas company
2023-02-13 AA accounts Accounts with accounts type group
2023-01-26 AA01 accounts Change account reference date company current shortened
2022-06-16 OS-PAR annual-return Appointment at registration of person authorised to represent
2022-06-16 OS-PAR annual-return Appointment at registration of person authorised to represent
2022-06-16 OS-PAR annual-return Appointment at registration of person authorised to represent
2022-06-16 OS-PAR annual-return Appointment at registration of person authorised to represent
2022-06-16 OS-PAR annual-return Appointment at registration of person authorised to represent
2022-06-16 OS-PAR annual-return Appointment at registration of person authorised to represent
2022-06-16 OS-PAR annual-return Appointment at registration of person authorised to represent
2022-06-16 OS-PAR annual-return Appointment at registration of person authorised to represent
2022-06-16 OS-PAR annual-return Appointment at registration of person authorised to accept service
2022-06-16 OS-PAR annual-return Appointment at registration of person authorised to accept service
2022-06-16 OSIN01 incorporation Register overseas company

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
1

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Official Companies House page