PRYSMIAN CABLES & SYSTEMS LIMITED
Operating as the British subsidiary of Milan-listed Prysmian S.p.A., the business manufactures electrical, submarine, and telecommunications cables for the energy and infrastructure sectors.
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Cash
£1.7m
Latest balance sheet
Net assets
£222m
Equity attributable
Employees
1,056
Average over period
Profit before tax
£38m
Period ending 2023-12-31
Net assets
1-year trend · vs Industrials median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £488,029,000 | — | |
| Operating profit | £36,759,000 | — | |
| Profit before tax | £37,961,000 | — | |
| Net profit | £29,558,000 | — | |
| Cash | £1,744,000 | — | |
| Total assets less current liabilities | £312,876,000 | — | |
| Net assets | £222,369,000 | — | |
| Equity | £222,369,000 | — | |
| Average employees | 1,056 | — | |
| Wages | £40,684,000 | — | |
| Directors' remuneration | £3,613,000 | — | |
| Directors' pension contributions | £0 | — | |
| Highest paid director | £2,778,000 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 |
|---|---|---|
| Operating margin | 7.5% | |
| Net margin | 6.1% | |
| Return on capital employed | 11.7% | |
| Gearing (liabilities / total assets) | 49.3% | |
| Current ratio | 2.53x | |
| Interest cover | 11.08x |
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.
Name history
Renamed 3 times since incorporation
- PRYSMIAN CABLES & SYSTEMS LIMITED 2005-10-03 → present
- PIRELLI GENERAL PLC 1983-02-01 → 2005-10-03
- PIRELLI GENERAL PLC 1983-02-01 → 2005-10-03
- PIRELLI ENFIELD SUPERTENSION CABLES LIMITED 1969-07-18 → 1983-02-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Belluzzo Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On this basis the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- PRYSMIAN CABLES & SYSTEMS LIMITED · parent
- Cable Makers Properties & Services Limited 63.8%
- Prysmian Cables (2000) Limited 100%
- Prysmian Construction Company Limited 100%
Significant events
- “During the first few months of 2017, operators belonging to the Vattenfall Group filed claims in the High Court of London against a number of cable manufacturers, including companies in the Prysmian Group, to obtain compensation for damages purportedly suffered as a result of the alleged anti-competitive practices sanctioned by the European Commission.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 47 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| STOCKLEY, Marilyn | Secretary | 2026-07-03 | — | — |
| FARISE, Cinzia | Director | 2024-03-06 | May 1964 | Italian |
| PETRUS, Raymond Marie Noel Suresch | Director | 2025-10-03 | Dec 1971 | French |
| SESSIONS, James Terry | Director | 2021-03-17 | May 1975 | British |
Show 47 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRIGGS, Colin Anthony | Secretary | 2014-10-01 | 2026-07-03 |
| FARRELL, Peter Stephen | Secretary | 2006-11-29 | 2014-10-01 |
| PIPER, David John | Secretary | — | 2000-06-01 |
| SODERBERG, John Warren | Secretary | 2001-06-01 | 2006-11-29 |
| ANDERSON, Geraint | Director | 1997-11-01 | 1999-01-31 |
| ATKINSON, Paul Raymond | Director | 2011-01-01 | 2016-02-29 |
| BATTAINI, Massimo | Director | 2005-04-13 | 2010-12-31 |
| BATTISTA, Valerio | Director | 2002-04-17 | 2007-09-14 |
| BAVARESCO, Matteo | Director | 2023-03-01 | 2025-09-30 |
| BROWN, Philip Crabtree | Director | 2006-11-29 | 2010-07-05 |
| CASERTA, Luca, Dr. | Director | 2014-10-01 | 2021-03-08 |
| COFFEY, Martyn | Director | 2001-03-01 | 2005-03-24 |
| CRISTIANCI, Oscar Carlos | Director | 2001-03-01 | 2002-04-17 |
| CROOKS, Stanley George, Dr | Director | — | 1997-04-23 |
| DAVIES, Bryan | Director | 1993-01-01 | 2000-04-19 |
| DE GIORGI, Gianbattista | Director | — | 1991-07-22 |
| DEL BRENNA, Marcello Maria Giuseppe Ambrogio | Director | 2018-07-27 | 2023-03-01 |
| DENT, John, Sir | Director | — | 1992-04-23 |
| DORJEE, Frank Franciscus | Director | 2011-09-01 | 2013-12-31 |
| FANCIULLI, Francesco Luciano Giovanni | Director | 2021-05-19 | 2021-12-31 |
| FERRARIO, Giovanni | Director | 2003-06-20 | 2004-12-30 |
| GONZALEZ, Fernando | Director | — | 1992-12-31 |
| HANNIDES, George Michael | Director | 2001-03-01 | 2002-10-31 |
| HIGGINSON, Gordon, Sir | Director | 1995-03-15 | 2002-04-17 |
| HIGHAM, Geoffrey Arthur | Director | — | 2005-07-28 |
| HILBORN, Edwin Henry | Director | — | 1992-10-08 |
| LEONI, Stefano | Director | 2005-10-28 | 2009-03-01 |
| LEWIS, John Anthony Llewelyn | Director | 1991-10-01 | 2002-07-08 |
| MAFFIOLI, Alberto | Director | 2009-03-01 | 2014-10-01 |
| MARGRAVE, Philip John | Director | 1999-02-01 | 2001-02-28 |
| MARSHALL, Colin Marsh, Lord | Director | 2003-09-01 | 2005-07-28 |
| MASCHIO, Gabriele | Director | — | 1994-04-21 |
| MOGOLLON, Juan Bautista | Director | 2022-01-01 | 2024-03-01 |
| MORCHIO, Giuseppe | Director | 1993-10-18 | 2001-01-15 |
| PASTURINO, Vittorio | Director | 1998-05-01 | 1999-01-31 |
| PIPER, David John | Director | 1991-10-01 | 2001-07-31 |
| RIDDETT, Kevin Edward | Director | 2001-03-01 | 2003-06-01 |
| ROBERTS, John Llyr Lewis | Director | 2016-03-01 | 2018-07-30 |
| ROBINSON, Geoffrey Walter, Dr | Director | 2002-03-13 | 2005-04-13 |
| ROMEO, Fabio Ignazio | Director | 2014-01-01 | 2021-04-30 |
| SIERRA, Piero Giorgio | Director | 1991-09-26 | 2005-07-28 |
| SIMMS, Michael Geoffrey | Director | 2010-07-05 | 2011-02-21 |
| SODERBERG, John Warren | Director | 2001-08-01 | 2006-11-29 |
| STRADA, Francesco | Director | — | 1994-04-21 |
| TAGLIAPIETRA, Marco, Dr | Director | 2002-11-01 | 2005-05-13 |
| THE EARL OF LIMERICK, Patrick Edmund | Director | — | 2003-01-07 |
| TRACEY, Damian James | Director | 2001-03-01 | 2005-07-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Prysmian Uk Group Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 299 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-04 | AA | accounts | Accounts with accounts type full | |
| 2026-07-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-07-15 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-07-09 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-10-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-27 | AA | accounts | Accounts with accounts type full | |
| 2024-07-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-19 | AA | accounts | Accounts with accounts type full | |
| 2024-03-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-13 | AA | accounts | Accounts with accounts type full | |
| 2023-04-27 | CH01 | officers | Change person director company with change date | |
| 2023-03-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-01 | AP01 | officers | Appoint person director company with name date | |
| 2022-07-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-29 | AA | accounts | Accounts with accounts type full | |
| 2022-01-10 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
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.