P.I. WORKS UK LTD
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Cash
£2.3M
+44.5% vs 2023
Net assets
£819K
+9.6% highest in 5 filed years
Employees
5
+66.7% vs 2023
Profit before tax
£93K
+0.3% vs 2023
Net assets
5-year trend · vs Telecommunications median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £1,164,793 | £3,200,544 | +174.8% | |
| Operating profit | — | — | — | £92,550 | £93,263 | +0.8% | |
| Profit before tax | — | — | — | £92,550 | £92,815 | +0.3% | |
| Net profit | — | — | — | £70,106 | £71,970 | +2.7% | |
| Cash | £5,991 | £2,353,088 | £3,603,153 | £1,566,089 | £2,262,355 | +44.5% | |
| Total assets less current liabilities | £16,592 | £146,073 | £436,551 | £746,883 | £818,853 | +9.6% | |
| Net assets | £16,592 | £146,073 | £436,551 | £746,883 | £818,853 | +9.6% | |
| Equity | £16,592 | £146,073 | £436,551 | £746,883 | £818,853 | +9.6% | |
| Average employees | 5 | 4 | 4 | 3 | 5 | +66.7% | |
| Wages | — | — | — | £240,022 | £486,451 | +102.7% | |
| Directors' remuneration | — | — | — | £60,922 | £71,770 | +17.8% |
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 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 7.9% | 2.9% | |
| Net margin | — | — | — | 6.0% | 2.2% | |
| Return on capital employed | — | — | — | 12.4% | 11.4% | |
| Current ratio | — | — | — | 1.71x | 1.26x |
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
- SM Harman Ltd T/A Harman & Co Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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
- “The company closed the year 2024 with a turnover of GBP 3,200 K. Customers are Cellfie Mobile LLC, MTN Group, Telefonica UK, Beeline Uzbekistan. P.I. Works UK possesses a highly resilient financial structure and aims to enhance its sales and customer portfolio by offering superior services powered by advanced technology.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AKPINAR, Mehmet Basar | Director | 2016-03-21 | Sep 1972 | Turkish |
| MANUEL, Antony David | Director | 2018-05-15 | Jun 1965 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ANAR, Selcuk | Director | 2021-09-16 | 2022-10-07 |
| ASLAN, Ozan | Director | 2016-03-21 | 2017-01-31 |
| MURAT, Melih | Director | 2021-03-15 | 2021-08-15 |
| YILDIZDOGAN, Serkan | Director | 2021-09-16 | 2022-10-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Mehmet Basar Akpinar | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-03-22 | Active |
| Piworks Tr Bilisim Hizmetleri Sanayi Ve Ticaret A.S. | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-03-20 | Ceased 2022-03-22 |
Filing timeline
Last 20 of 38 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-08 | AA | accounts | Accounts with accounts type full | |
| 2025-04-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-02 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-14 | AA | accounts | Accounts with accounts type full | |
| 2024-04-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-20 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-04-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-28 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-28 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-26 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2022-03-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-03-29 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-03-28 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-03-25 | CH01 | officers | Change person director company with change date | |
| 2021-09-28 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2021-09-17 | AP01 | officers | Appoint person director company with name date | |
| 2021-09-17 | AP01 | officers | Appoint person director company with name date | |
| 2021-08-20 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.