PI2 SOLUTIONS LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-01 (in 6mo)
Last made up 2025-10-18
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£7M
USD 9,593,963
+132.2% vs 2023
Employees
10
-9.1% vs 2023
Profit before tax
£4M
USD 5,461,482
-19.9% vs 2023
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £8,763,214 | £7,845,385 | |
| Operating profit | £4,573,780 | £4,070,675 | |
| Profit before tax | £5,098,331 | £4,082,741 | |
| Net profit | £5,100,538 | £4,082,741 | |
| Cash | — | — | |
| Total assets less current liabilities | £3,089,243 | £7,171,984 | |
| Net assets | £3,089,243 | £7,171,984 | |
| Equity | £3,089,243 | £7,171,984 | |
| Average employees | 11 | 10 | |
| Wages | £731,233 | £692,952 | |
| Directors' remuneration | — | — |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-10.5%
£8,763,214 £7,845,385
-
Cash
—
Not reported
-
Net assets
+132.2%
£3,089,243 £7,171,984
-
Employees
-9.1%
11 10
-
Operating profit
-11%
£4,573,780 £4,070,675
-
Profit before tax
-19.9%
£5,098,331 £4,082,741
-
Wages
-5.2%
£731,233 £692,952
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 52.2% | 51.9% | |
| Net margin | 58.2% | 52.0% | |
| Return on capital employed | 148.1% | 56.8% | |
| Current ratio | 1.16x | 1.59x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Directors believe the Company has adequate resources to continue in operational existence for the foreseeable future, supported by intermediate parent Camelot UK Bidco Limited for at least one year. They continue to adopt the going concern basis in preparing the annual report and financial statements.”
Significant events
- “On August 5, 2025, the Group entered into an amendment to its existing credit agreement, which provided for a $75 million increase to the revolving credit facility. Following the amendment, the total aggregate amount of the revolving credit facility outstanding is $775 million.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALLEN, Justin Paul Jonathan | Secretary | 2024-07-31 | — | — |
| ALLEN, Justin Paul Jonathan | Director | 2014-05-08 | Nov 1972 | British |
| WRIGHT, Andrew Graham | Director | 2022-04-01 | May 1966 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JOHNSON, Nigel Peter Havard | Secretary | 2002-11-04 | 2014-05-08 |
| REEVES, Martin Leslie | Secretary | 2022-04-01 | 2024-07-31 |
| TRAINOR, Larisa Avner | Secretary | 2014-05-08 | 2022-04-01 |
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 2002-11-04 | 2002-11-04 |
| DRINKWATER, Mark James | Director | 2002-11-04 | 2014-05-08 |
| JOHNSON, Nigel Peter Havard | Director | 2002-11-04 | 2014-05-08 |
| TRAINOR, Larisa Avner | Director | 2014-05-08 | 2022-04-01 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 2002-11-04 | 2002-11-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Proquest European Holdings Limited | Corporate entity | Shares 75–100% | 2016-06-30 | Active |
Filing timeline
Last 20 of 91 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-27 | CH01 | officers | Change person director company with change date | |
| 2026-02-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2024-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-12 | AA | accounts | Accounts with accounts type full | |
| 2024-08-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-08-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-11-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-05 | AA | accounts | Accounts with accounts type small | |
| 2022-10-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-04 | AA | accounts | Accounts with accounts type small | |
| 2022-04-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-04-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-04-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-04-13 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-11 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-04-11 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-04-06 | DISS40 | gazette | Gazette filings brought up to date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.