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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-05-18

Overdue

Watchouts

1 item

Cash

£1M

-50.4% vs 2023

Net assets

-£667K

+65% vs 2023

Employees

41

0% vs 2023

Profit before tax

£1M

+334.4% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

7-year trend · latest reflected 2024-12-31

Metric Trend 2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Turnover £12,621,176£16,813,195
Operating profit £202,069£533,478
Profit before tax £285,838£1,241,586
Net profit £285,838£1,241,586
Cash £128,765£2,157,596£1,069,451
Total assets less current liabilities £646,462-£449,112£465,548
Net assets -£1,904,359-£666,652
Equity £1,779,399£2,320,590£2,405,314£646,462£692,794-£1,904,457-£666,752
Average employees 374141
Wages £1,940,575£1,581,953
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

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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 2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Operating margin 1.6%3.2%
Net margin 2.3%7.4%
Return on capital employed -45.0%114.6%
Current ratio 0.65x0.66x
Interest cover 1.09x2.99x

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
Consolidated group
Auditor
Rothmans Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Group is reliant on the continued support from its parent and the wider group. The ultimate parent company has confirmed their continued support, and the financial statements have therefore been prepared on a going concern basis.”

Group structure

  1. AMERICAN PAN INTERNATIONAL HOLDINGS LIMITED · parent
    1. American Pan UK Ltd 80% · United Kingdom · Bakeware manufacture
    2. American Pan Prestige SRL 40% · Romania · Bakeware manufacture

Significant events

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

People

5 active · 2 resigned

Name Role Appointed Born Nationality
DENTONS UKMEA LLP Corporate Secretary 2025-10-08
BUNDY, Gilbert Ludwig Director 2017-05-05 Nov 1959 American
BUNDY, Robert Alexander Director 2017-05-05 May 1981 American
BUNDY, William Douglas Director 2017-05-05 Oct 1974 American
BUNDY, JR, Russell Thomas Director 2017-05-05 May 1957 American
Show 2 resigned officers
Name Role Appointed Resigned
BUNDY BAKING SOLUTIONS LIMITED Corporate Secretary 2017-05-05 2025-10-08
CASARIN, Mario Director 2017-05-05 2017-05-05

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mario Casarin Individual Shares 25–50%, Voting 25–50%, Appoints directors 2017-05-05 Ceased 2017-05-05
Russell Thomas Bundy, Jr Individual Shares 25–50%, Voting 25–50%, Appoints directors 2017-05-05 Active
Robert Alexander Bundy Individual Shares 25–50%, Voting 25–50%, Appoints directors 2017-05-05 Active
Mr Gilbert Ludwig Bundy Individual Shares 25–50%, Voting 25–50%, Appoints directors 2017-05-05 Active
Mr William Douglas Bundy Individual Shares 25–50%, Voting 25–50%, Appoints directors 2017-05-05 Active

Filing timeline

Last 20 of 24 total filings

Date Type Category Description
2025-10-08 AP04 officers Appoint corporate secretary company with name date PDF
2025-10-08 TM02 officers Termination secretary company with name termination date PDF
2025-09-23 AA accounts Accounts with accounts type group PDF
2025-05-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-06 AA accounts Accounts with accounts type group PDF
2024-05-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-29 AA accounts Accounts with accounts type group PDF
2023-05-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-11-30 AA accounts Accounts with accounts type group PDF
2022-05-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-09-28 AA accounts Accounts with accounts type group PDF
2021-06-04 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2021-06-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-12-18 AA accounts Accounts with accounts type group PDF
2020-05-19 CS01 confirmation-statement Confirmation statement with no updates PDF
2019-10-08 AA accounts Accounts with accounts type group
2019-05-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2018-10-04 AA accounts Accounts with accounts type group
2018-08-08 AD01 address Change registered office address company with date old address new address PDF
2018-08-08 AA01 accounts Change account reference date company previous shortened PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
1

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