POSITEC (UK AND IRELAND) LIMITED
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Cash
£1.1M
+30% vs 2023
Net assets
£433K
+3.5% highest in 5 filed years
Employees
47
+20.5% highest in 5 filed years
Profit before tax
£48K
-76.7% lowest in 5 filed years
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £18,478,696 | £17,234,875 | £18,324,303 | £14,998,407 | £21,678,101 | +44.5% | |
| Operating profit | £590,941 | £152,662 | £71,759 | £204,317 | £47,581 | -76.7% | |
| Profit before tax | £590,941 | £151,310 | £71,759 | £204,317 | £47,581 | -76.7% | |
| Net profit | £478,136 | £109,766 | £60,237 | £156,990 | £14,826 | -90.6% | |
| Cash | £1,824,884 | £1,399,079 | £1,151,626 | £815,660 | £1,060,418 | +30% | |
| Total assets less current liabilities | £106,445 | £245,794 | £307,396 | £464,386 | £485,321 | +4.5% | |
| Net assets | £91,399 | £201,165 | £261,402 | £418,392 | £433,218 | +3.5% | |
| Equity | £91,399 | £201,165 | £261,402 | £418,392 | £433,218 | +3.5% | |
| Average employees | 24 | 26 | 29 | 39 | 47 | +20.5% | |
| Wages | £1,657,840 | £1,634,131 | £1,195,813 | £951,972 | £1,092,355 | +14.7% | |
| Directors' remuneration | — | — | — | £450,362 | £620,132 | +37.7% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | 3.2% | 0.9% | 0.4% | 1.4% | 0.2% | |
| Net margin | 2.6% | 0.6% | 0.3% | 1.0% | 0.1% | |
| Return on capital employed | 555.2% | 62.1% | 23.3% | 44.0% | 9.8% | |
| Current ratio | — | — | — | 1.01x | 1.01x |
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 1 time since incorporation
- POSITEC (UK AND IRELAND) LIMITED 2021-09-23 → present
- POSITEC POWER TOOLS (EUROPE) LIMITED 2000-05-22 → 2021-09-23
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- James Cowper Kreston Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 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.”
Significant events
- “During 2024 the company saw encouraging growth in revenue of 44.7% to £21.7m compared to the prior year (£15m). The increase in year over year performance, notably came from two key business areas. New business, distributing Kress outdoor power equipment through the traditional channel and e-tail, distributing Worx Home and Garden power tools to consumers through modern retail.”
- “Third parties have claimed in the past and may claim in the future that we are infringing directly or indirectly upon their intellectual property rights, and third parties may infringe upon our intellectual property rights.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GAO, Don Zhendong | Director | 2000-05-22 | Feb 1965 | Chinese |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOATH, Josephine Anderson | Secretary | 2000-05-22 | 2000-05-22 |
| COMAT CONSULTING SERVICES LIMITED | Corporate Secretary | 2000-05-22 | 2018-01-30 |
| CAIRNS, Andrew Vickers | Director | 2001-03-06 | 2006-03-31 |
| HALL, David John | Director | 2003-07-07 | 2004-03-05 |
| WRIGHT, Timothy Crispin | Director | 2001-03-06 | 2003-07-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Don Zhendong Gao | Individual | Shares 75–100%, Voting 75–100% | 2016-10-26 | Active |
Filing timeline
Last 20 of 85 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-09-23 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-01 | AA | accounts | Accounts with accounts type full | |
| 2025-05-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-20 | AA | accounts | Accounts with accounts type full | |
| 2024-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-09-28 | AA | accounts | Accounts with accounts type full | |
| 2023-07-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-30 | CH01 | officers | Change person director company with change date | |
| 2022-09-29 | AA | accounts | Accounts with accounts type full | |
| 2022-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-02 | AA | accounts | Accounts with accounts type full | |
| 2021-09-23 | CERTNM | change-of-name | Certificate change of name company | |
| 2021-06-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-04-14 | DISS40 | gazette | Gazette filings brought up to date | |
| 2021-04-13 | AA | accounts | Accounts with accounts type full | |
| 2021-04-13 | GAZ1 | gazette | Gazette notice compulsory | |
| 2020-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-06-02 | CH01 | officers | Change person director company with change date | |
| 2019-09-30 | AA | accounts | Accounts with accounts type small | |
| 2019-07-17 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.