PILKINGTON TECHNOLOGY MANAGEMENT LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-06-18 (in 1mo)
Last made up 2025-06-04
Watchouts
Cash
£2K
0% vs 2024
Net assets
£557M
+3.3% vs 2024
Employees
275
-6.1% vs 2024
Profit before tax
£110M
+50% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 2 times since incorporation
- PILKINGTON TECHNOLOGY MANAGEMENT LIMITED 1992-03-31 → present
- JOHN MENZIES (GB) LIMITED 1985-11-25 → 1992-03-31
- S.G. STEWART & CO., LIMITED 1963-02-01 → 1985-11-25
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £455,339,000 | £520,200,000 | |
| Operating profit | £76,597,000 | £105,497,000 | |
| Profit before tax | £73,180,000 | £109,765,000 | |
| Net profit | £70,616,000 | £107,614,000 | |
| Cash | £2,000 | £2,000 | |
| Total assets less current liabilities | £691,832,000 | £761,851,000 | |
| Net assets | £539,333,000 | £557,019,000 | |
| Equity | £539,333,000 | £557,019,000 | |
| Average employees | 293 | 275 | |
| Wages | £16,220,000 | £15,462,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 16.8% | 20.3% | |
| Net margin | 15.5% | 20.7% | |
| Return on capital employed | 11.1% | 13.8% | |
| Gearing (liabilities / total assets) | 31.2% | 37.5% | |
| Current ratio | 0.77x | 3.04x | |
| Interest cover | 28.25x | 73.16x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have considered the financial position and future prospects of the company for the period to 30 November 2026. Having reviewed the cashflow forecasts, the directors have assessed there to be no material risk in respect of liquidity throughout the assessment period. Nor do they expect any material change to the company's cash flow requirements immediately after this assessed period. The company holds a significant receivable from another group company which is deemed to be fully recoverable and from which it is able to access cash on demand should it be required. The directors have assessed that even in what could be considered an implausible downside scenario, the level of cash which the company is able to access from another group company would be sufficient to meet any liabilities as they fall due in the going concern period. Based on their considerations the directors have concluded that the company continues as a going concern and have prepared these accounts on this basis.”
Group structure
- PILKINGTON TECHNOLOGY MANAGEMENT LIMITED · parent
- NSG Glass Manufacturing Inc 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
9 active · 47 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SMITH, Iain Michael, Mr. | Secretary | 2008-07-01 | — | British |
| FARROW, Michael James | Director | 2025-07-04 | Dec 1985 | British |
| GARCES CASTIELLA, Leopoldo Carlos Maria | Director | 2022-10-19 | Jan 1966 | Argentine |
| HORIGUCHI, Tomoya | Director | 2021-09-30 | Feb 1974 | Japanese |
| MEREDITH, Raymond | Director | 2023-11-10 | Mar 1977 | British |
| SANDERSON, Kevin David | Director | 2025-05-22 | Aug 1971 | British |
| SMITH, Iain Michael | Director | 2005-08-15 | Jul 1972 | British |
| SUMNER, Neil David | Director | 2022-03-31 | Jun 1969 | British |
| WILGAR, John Paul | Director | 2024-07-05 | Aug 1968 | British,Irish |
Show 47 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANDERSON, Charles Adair | Secretary | — | 1991-12-10 |
| BEVAN, Richard Edward | Secretary | 1993-05-28 | 1997-08-01 |
| DANIELS, Roger Michael | Secretary | 1991-12-10 | 1993-05-28 |
| LENNON, Sheila Elizabeth | Secretary | 1997-08-01 | 2008-06-30 |
| BENNETT, James Douglas Scott | Director | — | 1991-12-10 |
| BLACK, Robert | Director | — | 1991-12-10 |
| COOK, Derek Edward | Director | 1991-12-10 | 1992-06-10 |
| DAVIES, Michael John | Director | 1991-12-10 | 1992-04-08 |
| DE LEONIBUS, Vittore, Ing | Director | 2003-11-14 | 2009-03-31 |
| ELLIS, Edric, Dr | Director | 1996-09-30 | 1999-11-30 |
| GREEN, John Flannan | Director | 1993-02-12 | 1998-07-31 |
| GREENALL, Michael Robert | Director | 2018-09-11 | 2025-05-22 |
| GRUNWELL, Peter Higson | Director | 1991-12-10 | 1992-10-28 |
| HAWLEY, Catherine Anne | Director | 2016-05-10 | 2024-07-05 |
| HIYOSHI, Koichi | Director | 2018-01-08 | 2025-06-18 |
| HOSONUMA, Munehiro | Director | 2021-09-30 | 2022-10-19 |
| JACKSON, John Mackenzie, Doctor | Director | 1997-01-07 | 2000-04-07 |
| JENKINSON, Dermot Julian | Director | — | 1991-12-10 |
| KUBOI, Jukichi | Director | 2018-01-08 | 2021-09-30 |
| LAWRIE-SIMMONS, Amanda Jayne | Director | 2020-09-01 | 2025-07-04 |
| LEDWITH, Anthony, Professor | Director | 1992-10-28 | 1996-08-13 |
| LENNON, Sheila Elizabeth | Director | 2004-07-27 | 2008-06-30 |
| LEVERTON, Roger Frank | Director | 1992-10-28 | 1997-01-07 |
| LOCKWOOD, Robert David | Director | 1991-12-10 | 1992-10-28 |
| LOUGH, Iain Paterson | Director | 2001-11-12 | 2006-12-31 |
| LOUGH, Iain Paterson | Director | 1993-05-28 | 1997-01-07 |
| LYONS, Mark Joseph | Director | 2002-03-18 | 2016-03-31 |
| MACKAY, David James | Director | — | 1991-12-10 |
| MAIER, Michael | Director | 2007-01-01 | 2010-03-31 |
| MARSH, Adrian Ross Thomas | Director | 2001-11-12 | 2002-12-31 |
| MCDONALD, Philip James, Mr. | Director | 2009-08-03 | 2012-04-30 |
| MCKENNA, John | Director | 1997-09-01 | 2004-07-31 |
| MCKEON, Paul Kenneth | Director | 2009-04-01 | 2012-05-31 |
| MENZIES, John Maxwell | Director | — | 1991-12-10 |
| NICHOLSON, Robin Buchanan, Sir | Director | 1991-12-10 | 1996-07-31 |
| NIGHTINGALE, Glen | Director | 1991-12-10 | 1999-10-31 |
| NOEL-PATON, Frederick Ranald, The Hon | Director | — | 1991-12-10 |
| PIKE, Richard Neil | Director | 2002-12-01 | 2005-08-31 |
| PILKINGTON, Anthony Richard, Sir | Director | 1991-12-10 | 1992-10-28 |
| RAMSEY, Philip Michael, Dr. | Director | 2012-05-16 | 2018-09-06 |
| RHODES, Fiona Elizabeth, Mrs. | Director | 2012-05-01 | 2013-02-08 |
| ROBB, Andrew Mackenzie | Director | 1991-12-10 | 1997-01-07 |
| ROBINSON, Charles Christopher John | Director | 1992-10-28 | 1993-02-12 |
| SHORE, Nicholas Anthony Lithgow | Director | 2014-03-19 | 2022-03-31 |
| WILKINSON, Donald Noel, Dr | Director | 1992-10-28 | 2004-03-31 |
| WILSON, Alexander Duncan | Director | 1992-04-08 | 1993-11-05 |
| WILSON, Ian David | Director | — | 1991-12-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pilkington Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 233 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-21 | AA | accounts | Accounts with accounts type full | |
| 2025-07-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-16 | AA | accounts | Accounts with accounts type full | |
| 2024-07-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-09 | AA | accounts | Accounts with accounts type full | |
| 2023-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-06-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-10-19 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-19 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-13 | AA | accounts | Accounts with accounts type full | |
| 2022-06-15 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+14.2%
£455,339,000 £520,200,000
-
Cash
0%
£2,000 £2,000
-
Net assets
+3.3%
£539,333,000 £557,019,000
-
Employees
-6.1%
293 275
-
Operating profit
+37.7%
£76,597,000 £105,497,000
-
Profit before tax
+50%
£73,180,000 £109,765,000
-
Wages
-4.7%
£16,220,000 £15,462,000
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