P B GELATINS U.K. LIMITED

• ⚠

  Material uncertainty over going concern

  Given the decision to wind down operations, the directors have assessed the appropriateness of the going concern basis of preparation. The company is expected to cease trading and liquidate its assets in an orderly manner. Accordingly, the financial statements have been prepared on a basis other than going concern, reflecting the intention to discontinue operations.

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

• Turnover

  -21.1%

  £54,663,642 → £43,140,699

• Cash

  -99%

  £19,534 → £205

  lowest in 4 filed years

• Net assets

  -745.8%

  £4,630,313 → -£29,903,149

  lowest in 4 filed years

• Employees

  -8.2%

  97 → 89

  lowest in 4 filed years

• Operating profit

  -405.2%

  -£6,468,195 → -£32,674,669

  lowest in 4 filed years

• Profit before tax

  -350.9%

  -£7,887,806 → -£35,569,850

  lowest in 4 filed years

• Wages

  -1.1%

  £4,767,460 → £4,714,009

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

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.

1. P B GELATINS U.K. LIMITED 1987-07-16 → present
2. LEINER GELATINS LIMITED 1980-12-31 → 1987-07-16
3. ALDERMOOR LIMITED 1980-02-06 → 1980-12-31

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Nortons Assurance Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Given the decision to wind down operations, the directors have assessed the appropriateness of the going concern basis of preparation. The company is expected to cease trading and liquidate its assets in an orderly manner. Accordingly, the financial statements have been prepared on a basis other than going concern, reflecting the intention to discontinue operations.”

Significant events

• “The outcome was a decision to close the Treforest Manufacturing site in 2025. The financial statements have been prepared on a basis other than going concern, which the directors consider to be appropriate.”
• “a shutdown provision of £2,531,650 has been recognised in the financial statements for the year ended 31 December 2024.”
• “an impairment on fixed assets and intangibles totalling £5,141,494 and an impairment on stocks totalling £7,772,317 have been recognised in the profit and loss for the year then ended.”
• “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... a net expense of £9,429,175 was recognised in the profit and loss account. Subsequently, during the year, the company received insurance reimbursements totalling £6,109,480 in relation to the loss.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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