PERKINS ENGINES COMPANY LIMITED
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Cash
£964k
-77% lowest in 3 filed years
Net assets
£166m
+32.6% highest in 3 filed years
Employees
2,931
+0.5% vs 2024
Profit before tax
£45m
+424.7% highest in 3 filed years
Watch the reel
Our short-form breakdown of PERKINS ENGINES COMPANY LIMITED's latest filing
Caterpillar's UK subsidiary Perkins Engines pulled in £1.5bn this year, flipping a prior loss into a £45m profit — without adding to the headcount. 🚜📈
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.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £1,710,109,000 | £1,271,423,000 | £1,501,354,000 | +18.1% | |
| Operating profit | £46,208,000 | £2,401,000 | £58,809,000 | +2,349.4% | |
| Profit before tax | £31,807,000 | -£13,866,000 | £45,024,000 | +424.7% | |
| Net profit | £25,011,000 | -£2,038,000 | £37,664,000 | +1,948.1% | |
| Cash | £3,645,000 | £4,198,000 | £964,000 | -77% | |
| Total assets less current liabilities | £294,065,000 | £253,607,000 | £261,086,000 | +2.9% | |
| Net assets | £124,160,000 | £125,248,000 | £166,123,000 | +32.6% | |
| Equity | £124,160,000 | £125,248,000 | £166,123,000 | +32.6% | |
| Average employees | 3,047 | 2,917 | 2,931 | +0.5% | |
| Wages | £193,880,000 | £191,258,000 | £207,693,000 | +8.6% | |
| Directors' remuneration | £1,429,000 | £1,438,000 | £1,526,000 | +6.1% | |
| Directors' pension contributions | £117,000 | £121,000 | £104,000 | -14% | |
| Highest paid director | £506,000 | £453,000 | £479,000 | +5.7% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 2.7% | 0.2% | 3.9% | |
| Net margin | 1.5% | -0.2% | 2.5% | |
| Return on capital employed | 15.7% | 0.9% | 22.5% | |
| Gearing (liabilities / total assets) | 86.1% | 89.5% | 88.2% | |
| Current ratio | 1.02x | 0.95x | 0.96x | |
| Interest cover | 3.16x | 0.13x | 4.15x |
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
- PERKINS ENGINES COMPANY LIMITED 1998-02-12 → present
- ALL WHEEL DRIVE (SALES) LIMITED 1987-11-11 → 1998-02-12
- ALL WHEEL DRIVE LIMITED 1987-07-28 → 1987-11-11
- ARROWCITY LIMITED 1987-01-14 → 1987-07-28
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Considering all the above, the directors have a reasonable expectation that the company has adequate financial and other resources to continue in operation for the foreseeable future.”
Group structure
- PERKINS ENGINES COMPANY LIMITED · parent
- Perkins Group Limited 100%
- Perkins Engines Asia Pacific PTE Limited 100%
- Perkins Small Engines Limited 100%
- Perkins Engines Group Limited 99.19%
- Perkins Limited 99.99%
- Perkins India Private Limited 99.99%
- FG Wilson (Engineering) Limited 99%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 40 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| FERGUSON, Steven | Director | 2018-08-17 | Aug 1968 | American |
| GOLDSPINK, David John | Director | 2018-08-17 | Aug 1966 | British |
| HEMMINGS, Richard | Director | 2026-01-01 | Apr 1986 | British |
| HORN, Jonathan Robert | Director | 2020-08-01 | Aug 1972 | British |
| MARCO, Nicolas | Director | 2025-02-28 | Feb 1979 | French |
Show 40 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DEASON, Johanna Elizabeth | Secretary | 2018-04-19 | 2019-08-29 |
| DICKSON, James | Secretary | — | 1998-02-13 |
| DICKSON, Tom | Secretary | 2022-04-27 | 2022-12-31 |
| ELSDEN, Richard Grahame | Secretary | 1998-06-11 | 2001-03-12 |
| JOHNSTON, Alastair Blakeley | Secretary | 1998-02-13 | 1998-06-11 |
| MORENO PRIETO, Natalia | Secretary | 2023-01-15 | 2026-03-20 |
| NICHOLLS, Janette Margaret | Secretary | 2001-03-12 | 2018-01-31 |
| WAHIWALA, Manohar Singh | Secretary | 2020-05-22 | 2022-04-27 |
| ARNOTT, Allan | Director | 2006-10-09 | 2011-06-30 |
| BAUMGARTNER, Vito Hugo | Director | 1998-02-13 | 2004-01-30 |
| BAUNTON, Michael John | Director | 1998-06-11 | 2009-03-26 |
| BROWN, David John Bowes | Director | — | 1996-01-26 |
| BROWN, David Patrick | Director | — | 1996-01-26 |
| BURROUGHS, Nigel John | Director | 2009-03-16 | 2021-01-31 |
| CASE, Richard John | Director | 2001-03-14 | 2004-07-30 |
| CLEGG, Paul Antony | Director | 2010-11-01 | 2015-12-31 |
| COTTERELL, Richard Paul | Director | 2019-05-13 | 2026-01-31 |
| DAWSON, Howard | Director | — | 1994-07-04 |
| DORSETT, Mark Clinton Albert | Director | 2014-05-01 | 2021-10-01 |
| ELSDEN, Richard Grahame | Director | 1998-06-11 | 2001-03-14 |
| EPLEY, Kyle Joseph | Director | 2010-12-23 | 2015-08-01 |
| FISCHBACH, Roger | Director | 1996-01-26 | 1998-02-13 |
| GILL, Jasbir Singh | Director | 2018-08-17 | 2026-01-01 |
| GOLDSPINK, David John | Director | 2011-07-19 | 2013-10-01 |
| HAEFELI, Hansjorg Adrian | Director | 2004-01-30 | 2008-12-31 |
| HEATH, Adrian Robert | Director | 2009-03-16 | 2011-08-12 |
| HEATH, Adrian Robert | Director | 2004-07-30 | 2006-10-09 |
| HENRICKS, Gwenne Anne | Director | 2009-01-01 | 2013-03-15 |
| JOHNSTON, Alastair Blakeley | Director | 1998-06-11 | 2005-11-14 |
| MICKEL, Eric James | Director | 2009-03-16 | 2010-12-23 |
| MURPHY, Daniel Michael | Director | 1998-02-13 | 2010-11-01 |
| PARSONS, Giles Anthony | Director | 2009-03-16 | 2014-10-01 |
| STRATTON, Mark Ray | Director | 2014-10-01 | 2018-08-17 |
| SWAN, Jerry Lynn | Director | 1996-01-26 | 1998-02-13 |
| THOMPSON, Paul David | Director | 2018-08-17 | 2020-08-01 |
| UTLEY, Tana Leigh | Director | 2013-03-15 | 2013-10-01 |
| VIRMANI, Sandeep | Director | 2015-08-01 | 2018-08-17 |
| WROBLEWSKI, Paul Edward | Director | 2013-10-01 | 2014-10-01 |
| YOUNESSI, Ramin | Director | 2014-08-01 | 2018-09-01 |
| ZADUCK, Kelly Anne Leman | Director | 2021-01-31 | 2025-02-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Caterpillar Uk Engines Company Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 201 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-05-16 RESOLUTIONS Resolution
- 2023-05-16 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-18 | AA | accounts | Accounts with accounts type full | |
| 2026-03-23 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-07 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-03-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-16 | AA | accounts | Accounts with accounts type full | |
| 2024-03-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-20 | AA | accounts | Accounts with accounts type full | |
| 2023-05-16 | RESOLUTIONS | resolution | Resolution | |
| 2023-05-16 | MA | incorporation | Memorandum articles | |
| 2023-03-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-01-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-10-06 | AA | accounts | Accounts with accounts type full | |
| 2022-04-28 | AP03 | officers | Appoint person secretary company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- 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.