P1 REVERSIONS LIMITED
Get an alert when P1 REVERSIONS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-21 (in 8mo)
Last made up 2026-01-07
Watchouts
None on the register
Cash
£2M
+21.5% vs 2024
Net assets
£11M
+2.1% highest in 4 filed years
Employees
1
0% vs 2024
Profit before tax
£358K
-85.3% first positive since 2023
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2025-03-31
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Turnover | £14,569,000 | £14,809,000 | £11,767,000 | £15,777,000 | |
| Operating profit | £6,040,000 | £1,666,000 | £4,232,000 | £1,649,000 | |
| Profit before tax | £3,235,000 | -£655,000 | £2,435,000 | £358,000 | |
| Net profit | — | — | £2,435,000 | £236,000 | |
| Cash | £1,270,000 | £1,981,000 | £1,486,000 | £1,805,000 | |
| Total assets less current liabilities | £71,827,000 | £61,935,000 | £53,976,000 | £39,307,000 | |
| Net assets | £9,419,000 | £8,764,000 | £11,199,000 | £11,435,000 | |
| Equity | £9,419,000 | £8,764,000 | £11,199,000 | £11,435,000 | |
| Average employees | 1 | 1 | 1 | 1 | |
| Wages | — | — | £18,000 | £18,000 | |
| Directors' remuneration | — | — | £18,000 | £18,000 |
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 2025-03-31 vs 2024-03-31
-
Turnover
+34.1%
£11,767,000 £15,777,000
highest in 4 filed years
-
Cash
+21.5%
£1,486,000 £1,805,000
-
Net assets
+2.1%
£11,199,000 £11,435,000
highest in 4 filed years
-
Employees
0%
1 1
-
Operating profit
-61%
£4,232,000 £1,649,000
lowest in 4 filed years
-
Profit before tax
-85.3%
£2,435,000 £358,000
first positive since 2023
-
Wages
0%
£18,000 £18,000
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 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Operating margin | 41.5% | 11.2% | 36.0% | 10.5% | |
| Net margin | — | — | 20.7% | 1.5% | |
| Return on capital employed | 8.4% | 2.7% | 7.8% | 4.2% | |
| Gearing (liabilities / total assets) | — | — | 79.4% | 71.2% | |
| Current ratio | — | — | 8.61x | 5.69x | |
| Interest cover | 2.15x | 0.70x | 2.18x | 1.14x |
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 2 times since incorporation
- P1 REVERSIONS LIMITED 2007-09-28 → present
- PRESTBURY 1 TEN LIMITED 2007-02-13 → 2007-09-28
- NEWINCCO 654 LIMITED 2007-01-24 → 2007-02-13
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared cash flow forecasts from the date of approval of these financial statements to 30 June 2026 that indicate that liabilities will be settled as they fall due. ... Consequently, at the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources in both expected and reasonably plausible downside scenarios to continue in operational existence for the foreseeable future.”
Significant events
- “The company paid £187,001 of accrued interest on the unsecured loan note on 24 April 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WAYSTONE GOVERNANCE (UK) LIMITED | Corporate Secretary | 2017-11-22 | — | — |
| BERRY, Andrew Martin | Director | 2020-06-12 | Feb 1973 | British |
| GILPIN, George David | Director | 2024-09-20 | Aug 1978 | American |
| WASON, David Kevin | Director | 2022-11-21 | Feb 1970 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GUMM, Sandra Louise | Secretary | 2007-01-31 | 2017-11-22 |
| OLSWANG COSEC LIMITED | Corporate Secretary | 2007-01-24 | 2007-01-31 |
| DEVITT, Gavin, Mr. | Director | 2017-11-22 | 2020-05-21 |
| EVANS, Timothy James | Director | 2007-01-31 | 2017-11-22 |
| GUMM, Sandra Louise | Director | 2007-01-31 | 2017-11-22 |
| LESLAU, Nicholas Mark | Director | 2007-01-31 | 2017-11-22 |
| NORTHOVER, Matthew John | Director | 2017-11-22 | 2022-11-21 |
| SPINNEY, John Nicholas, Mr. | Director | 2017-11-22 | 2024-09-20 |
| OLSWANG DIRECTORS 1 LIMITED | Corporate Nominee Director | 2007-01-24 | 2007-01-31 |
| OLSWANG DIRECTORS 2 LIMITED | Corporate Nominee Director | 2007-01-24 | 2007-01-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Xyq Cayman Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-11-22 | Ceased 2020-07-01 |
| Prestbury General Partner Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2017-11-22 |
Filing timeline
Last 20 of 91 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-21 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-03-07 | DISS40 | gazette | Gazette filings brought up to date | |
| 2026-03-04 | AA | accounts | Accounts with accounts type full | |
| 2026-03-03 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-01-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-10-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-15 | AA | accounts | Accounts with accounts type full | |
| 2024-07-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-11 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-24 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-24 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-18 | AA | accounts | Accounts with accounts type full | |
| 2022-01-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-18 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2021-07-16 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.