P B GELATINS U.K. LIMITED
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Cash
£0
-100% lowest in 5 filed years
Net assets
-£40m
-34.3% lowest in 5 filed years
Employees
45
-49.4% lowest in 5 filed years
Profit before tax
-£12m
+67.3% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Accounts not prepared on a going-concern basis
The financial statements have been prepared on a basis other than going concern, following the decision by the directors to cease operations and wind down the company.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
5-year trend · vs Consumer Staples median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £36,421,367 | £43,965,490 | £54,663,642 | £43,140,699 | £37,472,804 | -13.1% | |
| Operating profit | -£7,630,935 | -£7,963,475 | -£6,468,195 | -£32,674,669 | -£8,985,521 | +72.5% | |
| Profit before tax | £52,999,741 | -£8,389,393 | -£7,887,806 | -£35,569,850 | -£11,643,064 | +67.3% | |
| Net profit | £54,292,568 | -£7,027,186 | -£7,015,322 | -£34,533,462 | -£10,269,822 | +70.3% | |
| Cash | £238 | £735 | £19,534 | £205 | £0 | -100% | |
| Total assets less current liabilities | £18,993,899 | £11,966,713 | £4,933,797 | -£27,085,608 | -£39,998,451 | -47.7% | |
| Net assets | £18,672,821 | £11,645,635 | £4,630,313 | -£29,903,149 | -£40,172,971 | -34.3% | |
| Equity | £18,672,821 | £11,645,635 | £4,630,313 | -£29,903,149 | — | — | |
| Average employees | 91 | 93 | 97 | 89 | 45 | -49.4% | |
| Wages | £4,552,268 | £4,773,614 | £4,767,460 | £4,714,009 | £2,430,283 | -48.4% | |
| Directors' remuneration | £170,703 | £155,231 | £78,670 | £31,421 | £0 | -100% |
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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | -21.0% | -18.1% | -11.8% | -75.7% | -24.0% | |
| Net margin | 149.1% | -16.0% | -12.8% | -80.0% | -27.4% | |
| Return on capital employed | -40.2% | -66.5% | -131.1% | — | — | |
| Gearing (liabilities / total assets) | 45.5% | 69.7% | 90.6% | 188.3% | 635.8% | |
| Current ratio | — | — | 0.90x | 0.49x | 0.09x | |
| Interest cover | -16.05x | -18.70x | -4.56x | -11.29x | -3.38x |
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 2 times since incorporation
- P B GELATINS U.K. LIMITED 1987-07-16 → present
- LEINER GELATINS LIMITED 1980-12-31 → 1987-07-16
- ALDERMOOR LIMITED 1980-02-06 → 1980-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Nortons Assurance Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Not a going concern (break-up basis)
“The financial statements have been prepared on a basis other than going concern, following the decision by the directors to cease operations and wind down the company.”
Significant events
- “On 24 January 2024, a fire occurred at a warehouse operated by a third party, which held inventory belonging to the company. The affected inventory was fully provided for... net expense of £9,429,175 was recognised in the profit and loss account.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BORTOLUZZI, Alexis Paolo | Director | 2025-01-28 | Sep 1974 | Belgian |
| DE POTTER, Miguel | Director | 2024-01-01 | Jul 1979 | Belgian |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAKER, Clare Teresa Margaret, Mrs. | Secretary | 2024-02-01 | 2025-11-19 |
| EVANS, Mark | Secretary | 2010-02-25 | 2016-11-23 |
| GRAS, Patrice Daniel, Nicolas | Secretary | 2018-08-10 | 2022-01-14 |
| JONES, Richard Joseph | Secretary | 2016-11-23 | 2017-10-31 |
| RAVOET, Paul | Secretary | 2001-12-01 | 2010-03-01 |
| THOMAS, Donald Beauford, Dr | Secretary | — | 2001-11-30 |
| VAN DEN SANDE, Christof | Secretary | 2022-01-14 | 2024-02-01 |
| DE BROU, Michael | Director | — | 1996-11-19 |
| DUBINSKI, Matteusz | Director | 1993-04-01 | 2001-09-30 |
| DUMONT, Roel | Director | 2013-03-27 | 2016-10-01 |
| GOOSSENS, Patrick Joseph Julien | Director | 1999-12-01 | 2012-09-14 |
| HASPESLAGH, Stefaan | Director | 2023-06-30 | 2023-12-31 |
| HOUSEN, Jos Leo L C | Director | 1997-01-01 | 2009-03-31 |
| LINARD DE GUERTECHIN, Baudouin | Director | — | 1993-03-31 |
| LONNEVILLE, Myriam Anna | Director | 2017-05-15 | 2023-06-30 |
| MARTIN, Javier Johnny Martin Salvador | Director | 2011-04-01 | 2012-09-14 |
| POOT, Wim Yvonne Godfried | Director | 2012-09-01 | 2025-01-28 |
| VANDENDRIESSCHE, Jan | Director | 2017-06-05 | 2020-11-15 |
| VANDENDRIESSCHE, Jan | Director | 2011-04-01 | 2017-05-15 |
| VANDENRIESSCHE, Jan | Director | 2009-01-01 | 2011-04-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tessenderlo Group | Corporate entity | Significant influence | 2016-04-06 | Active |
| Tessenderlo Holding Uk Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
| Mr Luc Jules Tack | Individual | Voting 50–75% | 2016-04-06 | Active |
Filing timeline
Last 20 of 154 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-09-23 | AA | accounts | Accounts with accounts type full | |
| 2026-04-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-15 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-01 | AA | accounts | Accounts with accounts type full | |
| 2025-11-19 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-23 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-07-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-01 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-03-18 | AA | accounts | Accounts with accounts type full | |
| 2025-02-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-31 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-01 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-04-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-02-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-01-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-10 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- 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.