PICKERING ELECTRONICS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-22 (in 4mo)
Last made up 2025-09-08
Watchouts
None on the register
Cash
£2M
+0.4% vs 2023
Net assets
£8M
+0.6% highest in 6 filed years
Employees
225
-22.1% vs 2023
Profit before tax
£110K
-90.9% vs 2023
Net assets
10-year trend · vs Technology median
Accounts
10-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | — | £12,211,586 | £9,584,712 | |
| Operating profit | — | — | — | — | — | — | — | — | £1,187,437 | £70,017 | |
| Profit before tax | — | — | — | — | — | — | — | — | £1,214,882 | £109,948 | |
| Net profit | -£407,576 | — | £108,085 | — | -£16,935 | — | £279,540 | — | £1,014,672 | £162,107 | |
| Cash | £2,936,302 | — | £3,341,722 | — | £2,286,177 | — | £2,351,444 | — | £2,307,189 | £2,316,584 | |
| Total assets less current liabilities | £6,310,370 | — | £6,085,347 | — | £5,768,233 | — | £6,039,817 | — | £7,906,671 | £7,844,229 | |
| Net assets | £6,238,774 | — | £6,085,347 | — | £5,768,233 | — | £5,942,655 | — | £7,796,121 | £7,844,229 | |
| Equity | £6,238,774 | £6,238,774 | £6,085,347 | £6,085,347 | £5,768,233 | £5,768,233 | £5,942,655 | £5,942,655 | £7,796,121 | £7,844,229 | |
| Average employees | 229 | — | 82 | — | 88 | — | 99 | — | 289 | 225 | |
| Wages | — | — | — | — | — | — | — | — | £5,207,018 | £4,226,316 | |
| Directors' remuneration | — | — | — | — | — | — | — | — | £74,828 | £77,519 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-21.5%
£12,211,586 £9,584,712
-
Cash
+0.4%
£2,307,189 £2,316,584
-
Net assets
+0.6%
£7,796,121 £7,844,229
highest in 6 filed years
-
Employees
-22.1%
289 225
-
Operating profit
-94.1%
£1,187,437 £70,017
-
Profit before tax
-90.9%
£1,214,882 £109,948
-
Wages
-18.8%
£5,207,018 £4,226,316
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | — | — | 9.7% | 0.7% | |
| Net margin | — | — | — | — | — | — | — | — | 8.3% | 1.7% | |
| Return on capital employed | — | — | — | — | — | — | — | — | 15.0% | 0.9% | |
| Current ratio | — | — | — | — | — | — | — | — | 6.55x | 11.09x |
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
- Sumer Auditco Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- PICKERING ELECTRONICS LIMITED · parent
- Pickering Electronics SRO 100%
Significant events
- “significant reduction in sales activity and associated pressures on profitability”
- “adverse foreign exchange movements and restructuring related costs”
- “severance costs of £326k, incurred as part of an internal restructuring aimed at improving future efficiencies”
- “capital expenditure of £356k, relating to ongoing investment in production infrastructure and automation technologies”
- “cost reduction process, including workforce restructuring”
- “The Group has made the strategic decision to purchase components above amounts required in order to build resilience to the potential component shortages in future years.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELLIOTT-MOORE, Poppy Anna Bluebell | Secretary | 2017-02-27 | — | — |
| BALL, Glen Spencer | Director | 2022-11-17 | Aug 1978 | British |
| ELLIOTT-MOORE, Poppy Anna Bluebell | Director | 2019-05-20 | Jun 1992 | British |
| JOHNSTON, Ian John | Director | 2022-11-17 | Nov 1966 | British |
| KEY, Claire Louise | Director | 2023-04-04 | Dec 1984 | British |
| MITCHELL, Adam Charles | Director | 2022-11-17 | Jun 1966 | British |
| MOORE, Keith Thomas | Director | — | Sep 1960 | British |
| WOODFORD, Joe Robert | Director | 2025-07-01 | May 1969 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MOORE, Alice May | Secretary | — | 2008-11-15 |
| MOORE, Daisy Jane | Secretary | 2008-11-17 | 2017-02-27 |
| DALE, Graham | Director | 1999-02-01 | 2019-06-06 |
| MALLETT, Kevin | Director | 2016-03-10 | 2019-02-12 |
| MOORE, Alice May | Director | — | 2008-11-15 |
| MOORE, John Keith | Director | — | 2017-05-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pickering Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-09-23 | Active |
| Mr Keith Thomas Moore | Individual | Shares 25–50% | 2016-04-06 | Ceased 2020-09-23 |
Filing timeline
Last 20 of 120 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-30 | AA | accounts | Accounts with accounts type group | |
| 2025-09-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-24 | AA | accounts | Accounts with accounts type group | |
| 2024-01-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-28 | AA | accounts | Accounts with accounts type group | |
| 2023-06-07 | CH03 | officers | Change person secretary company with change date | |
| 2023-06-06 | CH01 | officers | Change person director company with change date | |
| 2023-06-06 | CH03 | officers | Change person secretary company with change date | |
| 2023-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-01 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-01 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-30 | CH01 | officers | Change person director company with change date | |
| 2022-11-30 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-27 | AA | accounts | Accounts with accounts type group | |
| 2022-03-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-03-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-12-31 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
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.