PPI QUALITY & ENGINEERING UK LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-16 (in 5mo)
Last made up 2025-10-02
Watchouts
None on the register
Cash
£1M
-24.9% vs 2023
Net assets
£20M
+28.9% vs 2023
Employees
4
0% vs 2023
Profit before tax
£6M
+8.6% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £15,182,507 | £19,879,301 | |
| Operating profit | £5,542,136 | £6,016,596 | |
| Profit before tax | £5,542,136 | £6,016,596 | |
| Net profit | £4,547,632 | £4,512,447 | |
| Cash | £1,559,940 | £1,171,541 | |
| Total assets less current liabilities | £15,589,328 | £20,101,775 | |
| Net assets | £15,589,328 | £20,101,775 | |
| Equity | £15,589,328 | £20,101,775 | |
| Average employees | 4 | 4 | |
| Wages | £152,057 | £166,839 | |
| 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
-
Turnover
+30.9%
£15,182,507 £19,879,301
-
Cash
-24.9%
£1,559,940 £1,171,541
-
Net assets
+28.9%
£15,589,328 £20,101,775
-
Employees
0%
4 4
-
Operating profit
+8.6%
£5,542,136 £6,016,596
-
Profit before tax
+8.6%
£5,542,136 £6,016,596
-
Wages
+9.7%
£152,057 £166,839
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 36.5% | 30.3% | |
| Net margin | 30.0% | 22.7% | |
| Return on capital employed | 35.6% | 29.9% | |
| Gearing (liabilities / total assets) | 6.3% | 8.2% | |
| Current ratio | 15.88x | 12.26x |
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.
Name history
Renamed 1 time since incorporation
- PPI QUALITY & ENGINEERING UK LTD 2019-09-19 → present
- CARDNO PPI UK LIMITED 2017-10-03 → 2019-09-19
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Xeinadin Audit Limited
- 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.”
Group structure
- PPI QUALITY & ENGINEERING UK LTD · parent
- PPI Trinidad Ltd 100%
Significant events
- “Financially PPI UK has had a pleasing Calendar Year 2024 with gross revenue of £19.9m and an EBITDA of £6.0m.”
- “There is a worldwide shortage of qualified labour.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RHODES, Robert Frederick, Mr. | Secretary | 2026-02-27 | — | — |
| BURNS, Patrick Aaron | Director | 2025-02-11 | Jul 1977 | American |
| FLOCKTON, Bruce Joseph Robert, Director | Director | 2025-01-01 | Apr 1957 | Canadian |
| SELLERS, Mon Yee | Director | 2025-02-11 | Nov 1963 | American |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| NEMETH, Victoria Filippov, Ms. | Secretary | 2020-03-03 | 2026-02-27 |
| BOSCO, Philip, Mr. | Director | 2019-09-17 | 2020-11-13 |
| FLOCKTON, Bruce Joseph Robert, Director | Director | 2017-10-03 | 2019-07-02 |
| LAASE, Joshua Edward | Director | 2020-11-20 | 2025-01-01 |
| MCGRATH, Jim, Director | Director | 2017-10-03 | 2025-01-01 |
| ROCHA, Gustavo Cruzeiro, Mr. | Director | 2019-07-02 | 2019-09-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Intega Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2019-10-16 | Active |
| Cardno Uk Ltd. | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-10-03 | Ceased 2019-10-16 |
Filing timeline
Last 20 of 47 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-30 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-03-30 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-03-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-01 | AA | accounts | Accounts with accounts type full | |
| 2025-04-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-02-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-18 | AA | accounts | Accounts with accounts type full | |
| 2024-10-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-26 | AA | accounts | Accounts with accounts type small | |
| 2023-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-11-09 | AA01 | accounts | Change account reference date company current extended | |
| 2022-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-26 | AA | accounts | Accounts with accounts type small | |
| 2021-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.