PL DISTRIBUTION LTD
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-02-08 (in 9mo)
Last made up 2026-01-25
Watchouts
Cash
£3M
-22% vs 2024
Net assets
£14M
+40.7% highest in 5 filed years
Employees
114
+103.6% highest in 3 filed years
Profit before tax
£6M
-43.9% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2025-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £30,900,605 | £71,268,136 | |
| Operating profit | — | — | — | — | £10,412,390 | £7,102,153 | |
| Profit before tax | — | — | — | £1,961,806 | £10,296,284 | £5,777,574 | |
| Net profit | — | — | — | £1,793,032 | £8,196,004 | £4,127,038 | |
| Cash | £793,133 | £340,955 | — | £226,090 | £3,387,123 | £2,641,148 | |
| Total assets less current liabilities | £287,917 | £517,781 | — | £2,677,172 | £10,718,408 | £19,644,243 | |
| Net assets | £277,937 | £476,114 | — | £2,056,477 | £9,811,481 | £13,808,519 | |
| Equity | £277,937 | £476,114 | — | £2,056,477 | £9,811,481 | £13,808,519 | |
| Average employees | — | 16 | — | — | 56 | 114 | |
| Wages | — | — | — | £781,100 | £1,706,344 | £4,638,597 | |
| Directors' remuneration | — | — | — | £33,333 | — | — |
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
+130.6%
£30,900,605 £71,268,136
-
Cash
-22%
£3,387,123 £2,641,148
-
Net assets
+40.7%
£9,811,481 £13,808,519
highest in 5 filed years
-
Employees
+103.6%
56 114
highest in 3 filed years
-
Operating profit
-31.8%
£10,412,390 £7,102,153
-
Profit before tax
-43.9%
£10,296,284 £5,777,574
-
Wages
+171.8%
£1,706,344 £4,638,597
highest in 3 filed years
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 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 33.7% | 10.0% | |
| Net margin | — | — | — | — | 26.5% | 5.8% | |
| Return on capital employed | — | — | — | — | 97.1% | 36.2% | |
| Current ratio | — | — | — | — | 2.22x | 1.47x | |
| Interest cover | — | — | — | — | 89.09x | 4.98x |
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)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- DSG Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Director has reviewed trading forecasts and working capital projections for a period of at least twelve months from the date of approval of these financial statements and has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. There are no material uncertainties that cast significant doubt about the ability to continue to trade and meet its liabilities, including loans totalling £20.5 million, as they fall due for a period of at least 12 months after the date of approval of these financial statements.”
Significant events
- “The Company delivered turnover of £71.3 million (2024: £30.9 million), representing significant year-on-year growth driven by expansion across digital platforms and increased customer demand.”
- “The year was characterised by accelerated investment in inventory, infrastructure, staffing and brand marketing to support rapid growth and platform expansion, particularly across TikTok anc social commerce channels.”
- “During the 2025/2026 financial year, the Company intends to: Continue expanding sales across new TikTok markets and international territories; Further invest in brand marketing and customer acquisition; Increase investment in product innovation and development of high-quality cosmetics ranges; Strengthen operational infrastructure to support continued scale.”
- “Research and development activities in formulation science, engineering, and packaging information. These activities were directed at achieving scientific and technological advancements beyond the industry's baseline capabilities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILLIAMS, Paige Louise | Director | 2019-03-27 | Feb 1993 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CORRY, Patricia | Director | 2018-02-27 | 2019-03-27 |
| SMITH, Craig | Director | 2021-04-26 | 2023-03-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pl Holding Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-05-14 | Active |
| Miss Paige Louise Williams | Individual | Shares 75–100% | 2019-03-27 | Ceased 2024-05-14 |
| Mrs Patricia Corry | Individual | Shares 75–100% | 2018-02-27 | Ceased 2019-03-27 |
Filing timeline
Last 20 of 36 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-05-24 RESOLUTIONS Resolution
- 2024-05-24 RESOLUTIONS Resolution
- 2024-05-24 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-20 | AA | accounts | Accounts with accounts type full | |
| 2026-02-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-02-13 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-30 | AA | accounts | Accounts with accounts type full | |
| 2024-08-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-12 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-24 | RESOLUTIONS | resolution | Resolution | |
| 2024-05-24 | RESOLUTIONS | resolution | Resolution | |
| 2024-05-24 | MA | incorporation | Memorandum articles | |
| 2024-01-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-12-31 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-09-12 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-03-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-03-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-03-28 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-04-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-31 | AA | accounts | Accounts with accounts type total exemption full |
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.