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Cash

£249k

-82.1% lowest in 3 filed years

Net assets

£5.9m

+16.5% highest in 3 filed years

Employees

1

-66.7% lowest in 3 filed years

Profit before tax

£1.1m

+6.9% vs 2025

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-03-312025-03-312026-03-31 Δ vs prior
Turnover £1,948,470£1,763,472£1,646,536 -6.6%
Operating profit £1,156,005£1,021,294£1,103,290 +8%
Profit before tax £1,156,005£1,021,294£1,092,107 +6.9%
Net profit £1,107,846£759,644£826,794 +8.8%
Cash £1,513,849£1,396,878£249,395 -82.1%
Total assets less current liabilities £5,163,934£5,023,578£5,850,372 +16.5%
Net assets £5,163,934£5,023,578£5,850,372 +16.5%
Equity £5,163,934£5,023,578£5,850,372 +16.5%
Average employees 331 -66.7%
Wages £356,888£211,180
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. 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 2024-03-312025-03-312026-03-31
Operating margin 59.3%57.9%67.0%
Net margin 56.9%43.1%50.2%
Return on capital employed 22.4%20.3%18.9%
Gearing (liabilities / total assets) 7.0%6.6%0.5%
Current ratio 14.33x15.10x
Interest cover 98.66x

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. PIP MANAGER LIMITED 2015-03-24 → present
  2. DE FACTO 2165 LIMITED 2015-02-06 → 2015-03-24

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In considering the above, the Directors have formed the view that the Company will generate sufficient cash to meet its ongoing liabilities as they fall due for at least the next 12 months; accordingly, the going concern basis of preparation has been adopted.”

Group structure

  1. PIP MANAGER LIMITED · parent
    1. PiP Multi-Strategy Infrastructure Limited 100% · England & Wales
    2. PiP Multi-Strategy Infrastructure (Scotland) Limited 100% · Scotland
    3. PiP Multi-Strategy Infrastructure GP LLP 100% · England & Wales

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

People

3 active · 15 resigned

Name Role Appointed Born Nationality
HUGHES, David Michael Director 2023-04-01 Feb 1952 British
TANNER, Christopher James Director 2020-08-18 Nov 1972 British
THAKRAR, Amit Rishi Jaysukh Director 2024-01-26 Jul 1987 British
Show 15 resigned officers
Name Role Appointed Resigned
PINECROFT CORPORATE SERVICES LIMITED Corporate Secretary 2020-08-18 2025-05-12
AITCHISON, Nigel Ian Director 2020-08-18 2023-06-30
BAILIE, Jonathan Robert Director 2016-10-01 2020-08-18
BURGESS, Paula Director 2015-09-07 2020-12-18
COOKE, Mark Anthony Director 2017-07-06 2020-08-18
FRASER, Gary Director 2020-08-18 2023-04-01
HARRISON, Mark Hyde Director 2015-04-01 2017-01-11
LIU, Isabel Hsiao Wen Director 2016-01-12 2020-08-18
POULTER, Anthony John Director 2016-12-01 2020-08-18
SEGARS, Joanne Director 2015-04-01 2017-06-30
SHERSHUNOVYCH, Ihor Director 2015-02-06 2015-03-23
TOMLINSON, Lindsay Peter Director 2015-03-30 2019-05-31
WESTON, Michael William Director 2015-03-23 2018-12-21
TRAVERS SMITH LIMITED Corporate Director 2015-02-06 2015-03-23
TRAVERS SMITH SECRETARIES LIMITED Corporate Director 2015-02-06 2015-03-23

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Foresight Infra Holdco Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-08-18 Active
Pensions Infrastructure Platform Ltd Corporate entity Voting 75–100%, Appoints directors 2016-04-06 Ceased 2020-08-18

Filing timeline

Last 20 of 80 total filings

Date Type Category Description
2026-08-10 AA accounts Accounts with accounts type full
2026-04-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-31 AA accounts Accounts with accounts type full
2025-05-12 TM02 officers Termination secretary company with name termination date PDF
2025-03-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-09 AA accounts Accounts with accounts type full
2024-03-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-02-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-02-02 AP01 officers Appoint person director company with name date PDF
2023-12-19 AA accounts Accounts with accounts type full
2023-07-25 TM01 officers Termination director company with name termination date PDF
2023-04-11 AP01 officers Appoint person director company with name date PDF
2023-04-11 TM01 officers Termination director company with name termination date PDF
2023-02-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-12 AA accounts Accounts with accounts type full
2022-02-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-02-04 CH01 officers Change person director company with change date PDF
2021-12-30 AA accounts Accounts with accounts type full
2021-04-21 AA accounts Accounts with accounts type small
2021-03-11 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page