PELI PRODUCTS (UK) LIMITED
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Next accounts due
2026-08-31 (in 3mo)
Last filed for 2024-11-30
Confirmation statement due
2026-06-27 (in 1mo)
Last made up 2025-06-13
Watchouts
Cash
£5M
+51.7% highest in 6 filed years
Net assets
£10M
+12% highest in 6 filed years
Employees
78
+1.3% highest in 6 filed years
Profit before tax
£2M
+0.9% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-11-30
| Metric | Trend | 2019-11-30 | 2020-11-30 | 2021-11-30 | 2022-11-30 | 2023-11-30 | 2024-11-30 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £17,585,608 | £17,647,359 | |
| Operating profit | — | — | — | — | £2,255,810 | £2,210,750 | |
| Profit before tax | — | — | — | — | £2,280,717 | £2,300,492 | |
| Net profit | £883,187 | £778,752 | £1,153,446 | £1,598,089 | £1,728,629 | £1,709,492 | |
| Cash | £599,269 | £1,359,108 | £1,091,496 | £2,179,265 | £3,415,729 | £5,181,826 | |
| Total assets less current liabilities | £3,994,687 | £4,481,375 | £5,370,047 | — | £9,189,002 | £10,288,872 | |
| Net assets | £3,989,952 | £4,478,149 | £5,364,747 | £6,637,302 | £9,090,030 | £10,179,456 | |
| Equity | — | — | — | — | £9,090,030 | £10,179,456 | |
| Average employees | 35 | 36 | 36 | 36 | 77 | 78 | |
| Wages | £1,156,915 | £1,180,641 | £1,357,151 | £1,539,504 | £3,181,831 | £3,303,014 | |
| Directors' remuneration | — | — | — | — | £264,775 | £239,057 |
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 2024-11-30 vs 2023-11-30
-
Turnover
+0.4%
£17,585,608 £17,647,359
-
Cash
+51.7%
£3,415,729 £5,181,826
highest in 6 filed years
-
Net assets
+12%
£9,090,030 £10,179,456
highest in 6 filed years
-
Employees
+1.3%
77 78
highest in 6 filed years
-
Operating profit
-2%
£2,255,810 £2,210,750
-
Profit before tax
+0.9%
£2,280,717 £2,300,492
-
Wages
+3.8%
£3,181,831 £3,303,014
highest in 6 filed years
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 | 2019-11-30 | 2020-11-30 | 2021-11-30 | 2022-11-30 | 2023-11-30 | 2024-11-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 12.8% | 12.5% | |
| Net margin | — | — | — | — | 9.8% | 9.7% | |
| Return on capital employed | — | — | — | — | 24.5% | 21.5% | |
| Current ratio | — | — | — | — | 4.59x | 4.28x | |
| Interest cover | — | — | — | — | 1176.13x | 218.54x |
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
- PELI PRODUCTS (UK) LIMITED 2003-01-09 → present
- PAZ PRODUCTS LIMITED 1999-10-15 → 2003-01-09
- PELI PRODUCTS LIMITED 1993-11-23 → 1999-10-15
- LIVESYSTEM LIMITED 1992-06-24 → 1993-11-23
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Chadwick & Company (Manchester) 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 and 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
- PELI PRODUCTS (UK) LIMITED · parent
- MSA Foams Limited 100%
- Jit-Pak Packaging Limited 100%
Significant events
- “The group has experienced a slight fall in liquidity as demonstrated by an reduction in the current ratio of 4.28 (2023 - 4.59) and a reduction in the quick ratio of 3.05 (2023 - 3.08). A fall in overall profitability following the inflationary pressures of the last twelve months has seen the return on capital decrease to 18.81% (2023-22.20%).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BREEZE, Sarah Hendry | Secretary | 2003-07-03 | — | British |
| BREEZE, Eric Walter | Director | 1998-04-06 | Oct 1949 | British |
| BREEZE, Sarah Hendry | Director | 2004-08-02 | Aug 1951 | British |
| CARTER, Ross James | Director | 2022-03-29 | Aug 1980 | British |
| CLARK, Andrew Philip | Director | 2004-08-02 | Mar 1962 | British |
| FROST, Philip Steven | Director | 2012-06-01 | Nov 1972 | British |
| HOWARD, Gillian | Director | 2008-10-01 | Aug 1970 | British |
| MCMILLAN, Neil Robert | Director | 2017-03-23 | May 1959 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, Winifred Roberta | Secretary | 1992-07-01 | 1996-05-22 |
| FEINGOLD, Michael Louis Zvi | Secretary | 1996-05-22 | 2002-07-30 |
| LEVIN, Stephen | Secretary | 2002-07-30 | 2003-07-03 |
| HALLMARK SECRETARIES LIMITED | Corporate Nominee Secretary | 1992-06-24 | 1992-06-26 |
| BREEZE, Gareth Charles Daniel | Director | 2019-01-01 | 2021-05-31 |
| FEINGOLD, Joshua Gerald | Director | 1992-07-01 | 2003-07-03 |
| HASTINGS, James Craig | Director | 2006-08-31 | 2020-07-31 |
| SMITH, David | Director | 2020-08-01 | 2025-09-18 |
| HALLMARK REGISTRARS LIMITED | Corporate Nominee Director | 1992-06-24 | 1992-06-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Wgb Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-11-05 | Active |
| Mr Eric Walter Breeze | Individual | Shares 75–100% | 2016-04-06 | Ceased 2025-11-05 |
Filing timeline
Last 20 of 154 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-03-25 RESOLUTIONS Resolution
- 2024-06-11 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-06 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-10-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-21 | AA | accounts | Accounts with accounts type group | |
| 2025-07-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-11 | SH02 | capital | Capital alter shares consolidation | |
| 2025-04-08 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-25 | RESOLUTIONS | resolution | Resolution | |
| 2025-03-25 | SH08 | capital | Capital name of class of shares | |
| 2024-11-26 | SH02 | capital | Capital alter shares subdivision | |
| 2024-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-11 | RESOLUTIONS | resolution | Resolution | |
| 2024-03-27 | AA | accounts | Accounts with accounts type group | |
| 2023-06-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-05 | AA | accounts | Accounts with accounts type group | |
| 2022-06-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-21 | AA | accounts | Accounts with accounts type group | |
| 2022-04-08 | AP01 | officers | Appoint person director company with name date | |
| 2021-08-31 | AA | accounts | Accounts with accounts type group | |
| 2021-07-02 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 3
- 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.