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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

1 item

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

Accounts

6-year trend · latest reflected 2024-11-30

Metric Trend 2019-11-302020-11-302021-11-302022-11-302023-11-302024-11-30
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 353636367778
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

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 2019-11-302020-11-302021-11-302022-11-302023-11-302024-11-30
Operating margin 12.8%12.5%
Net margin 9.8%9.7%
Return on capital employed 24.5%21.5%
Current ratio 4.59x4.28x
Interest cover 1176.13x218.54x

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

  1. PELI PRODUCTS (UK) LIMITED 2003-01-09 → present
  2. PAZ PRODUCTS LIMITED 1999-10-15 → 2003-01-09
  3. PELI PRODUCTS LIMITED 1993-11-23 → 1999-10-15
  4. 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

  1. PELI PRODUCTS (UK) LIMITED · parent
    1. MSA Foams Limited 100% · England & Wales · Customised foam products
    2. Jit-Pak Packaging Limited 100% · England & Wales · Dormant company

Significant events

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 PDF
2025-11-06 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-10-17 TM01 officers Termination director company with name termination date PDF
2025-07-21 AA accounts Accounts with accounts type group PDF
2025-07-05 CS01 confirmation-statement Confirmation statement with updates PDF
2025-04-11 SH02 capital Capital alter shares consolidation
2025-04-08 MR04 mortgage Mortgage satisfy charge full PDF
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 PDF
2024-06-11 RESOLUTIONS resolution Resolution
2024-03-27 AA accounts Accounts with accounts type group PDF
2023-06-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-05 AA accounts Accounts with accounts type group PDF
2022-06-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-04-21 AA accounts Accounts with accounts type group PDF
2022-04-08 AP01 officers Appoint person director company with name date PDF
2021-08-31 AA accounts Accounts with accounts type group PDF
2021-07-02 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
3

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.

Official Companies House page