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Next accounts due

2027-04-30 (in 11mo)

Last filed for 2025-07-31

Confirmation statement due

2026-11-28 (in 6mo)

Last made up 2025-11-14

Watchouts

None on the register

Cash

£824K

+95.1% highest in 3 filed years

Net assets

£414K

+50.9% highest in 3 filed years

Employees

0

Average over period

Profit before tax

£230K

+154.9% highest in 3 filed years

Accounts

5-year trend · latest reflected 2025-07-31

Metric Trend 2022-08-012023-07-312023-08-012024-07-312025-07-31
Turnover £1,009,662£952,916£1,238,373
Operating profit £118,559£52,814£201,051
Profit before tax £133,271£90,289£230,103
Net profit £133,271£90,289£230,103
Cash £544,557£422,486£824,062
Total assets less current liabilities £317,611£274,629£414,443
Net assets £317,611£274,629£414,443
Equity £188,651£317,611£317,611£274,629£414,443
Average employees 000
Wages
Directors' remuneration

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

FY2024 → FY2025 · period ending 2025-07-31 vs 2024-07-31

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 2022-08-012023-07-312023-08-012024-07-312025-07-31
Operating margin 11.7%5.5%16.2%
Net margin 13.2%9.5%18.6%
Return on capital employed 37.3%19.2%48.5%
Current ratio 1.32x1.32x

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

  1. UNIVERSITY OF LEEDS IP LIMITED 2003-01-10 → present
  2. PINCO 1849 LIMITED 2002-11-06 → 2003-01-10

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Armstrong Watson Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have reviewed the financial health of the Company in light of current economic conditions. The Company has sufficient current assets to meet its current liabilities as they fall due and will continue to be supported by the University of Leeds, its parent entity. Since the year-end, performance has continued to meet and exceed growth expectations. The Directors have received a letter of support from the University as the parent undertaking signalling the University's willingness to provide the necessary financial support to allow the Company to meet its liabilities as they fall due in the normal course of business. The Directors have considered the financial strength of the University and are satisfied that the University has sufficient available funds to provide this support as needed. On this basis, the Directors believe that the Company has sufficient funds to meet its commitments for the foreseeable future, being at least 12 months from the date of signing. As a result, the accounts continue to be prepared on a going concern basis.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 12 resigned

Name Role Appointed Born Nationality
DULEY, Andrew John Michael Director 2011-07-25 May 1969 British
MADELEY, Jane Elisabeth Director 2020-09-22 Nov 1967 British
SCOTT, Stephen Keith, Professor Director 2015-10-27 Jul 1958 British
Show 12 resigned officers
Name Role Appointed Resigned
LILLYWHITE, John Christopher Secretary 2002-11-22 2007-01-01
SMITH, Helena Mary Secretary 2006-11-01 2025-05-31
PINSENT MASONS SECRETARIAL LIMITED Corporate Secretary 2002-11-06 2002-11-22
BROWNRIDGE, Kathryn Director 2011-04-21 2015-06-12
FISHER, John, Professor Director 2002-11-22 2005-07-31
HOGG, David Crossland, Professor Director 2011-09-01 2016-07-29
MCCAUL, Brian Aidan Director 2008-04-09 2011-03-25
ROBERTS, Lisa Oriel, Professor Director 2016-08-01 2020-08-31
THOMPSON, Andrew Stuart, Professor Director 2010-08-01 2011-07-04
WILLIAMS, Richard Andrew, Professor Director 2005-08-01 2010-08-01
WOLFSON, Raymond Director 2003-04-08 2007-11-02
PINSENT MASONS DIRECTOR LIMITED Corporate Director 2002-11-06 2002-11-22

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 85 total filings

Date Type Category Description
2026-01-15 AA accounts Accounts with accounts type full PDF
2025-12-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-06 TM02 officers Termination secretary company with name termination date PDF
2025-04-17 TM02 officers Termination secretary company PDF
2025-04-02 AA accounts Accounts with accounts type full PDF
2024-11-26 CS01 confirmation-statement Confirmation statement with updates PDF
2024-04-17 AA accounts Accounts with accounts type medium
2023-11-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-05-04 AA accounts Accounts with accounts type full
2022-11-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-05-04 AA accounts Accounts with accounts type full
2022-03-03 AD01 address Change registered office address company with date old address new address PDF
2022-03-03 AD01 address Change registered office address company with date old address new address PDF
2021-11-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-05-12 AA accounts Accounts with accounts type full
2020-11-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-10-01 AP01 officers Appoint person director company with name date PDF
2020-09-11 TM01 officers Termination director company with name termination date PDF
2020-08-03 AA accounts Accounts with accounts type full
2019-11-19 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

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