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P B Gelatins U.K. Limited

01477674

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT A6 SEVERN ROAD, PONTYPRIDD, CF37 5SQ
Incorporated 06/02/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10890
Manufacture of other food products

Officers

Mr Miguel De Potter

director · Since 01/01/2024

COMPANY DIRECTOR

BELGIAN · BELGIUM · Age 46

Mr Alexis Paolo Bortoluzzi

director · Since 28/01/2025

COMPANY DIRECTOR

BELGIAN · BELGIUM · Age 51

Persons with Significant Control

Mr Luc Jules Tack

50–75% votes

Belgian · Belgium · Age 64

130, Troonstraat, Brussels

Notified 06/04/2016

Tessenderlo Holding Uk Limited

75–100% shares

A6, Severn Road, Pontypridd, CF37 5SQ

Reg: 03514787 · Companies House · Limited Company

Notified 06/04/2016

Tessenderlo Group

Significant control

130, Troonstraat, Belgium

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

GENERALE BANK N/V-GENERALE DE BANQUE SA

Created 19/12/1994Registered 20/12/1994
charge
outstanding

CLOSE BROTHERS LIMITED

Created 06/01/1992Registered 14/01/1992
charge
outstanding

CLOSE BROTHERS LIMITED

Created 01/03/1991Registered 09/03/1991
charge
satisfied

MIDLAND BANK PLC

Created 21/09/1982Registered 24/09/1982Satisfied 06/08/1994
charge
satisfied
Registered 22/05/1980
charge
satisfied

CAYZER LTD

Created 02/05/1980Registered 07/05/1980

CompanyRankvs 1541+ SIC 10890 peers
27

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the director is responsible for assessing the Company 's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the Company or to cease opera

Key FinancialsYear ending 31/12/2024

Turnover

£43.1M

Annual revenue

Net Worth

-£29.9M

Balance sheet strength

Cash

£205

Cash in the bank

Profit Before Tax

-£35.6M

Bottom line earnings

Net Current Assets

-£31.3M

Working capital

Current Assets

£29.7M

Current Liabilities

£61.0M

Fixed Assets

£4.2M

Debtors

£10.9M

Cost of Sales

£42.8M

Gross Profit

£322k

Admin Expenses

£14.3M

Operating Profit

-£32.7M

Profit After Tax

-£34.5M

97avg. employees+4

People Costs

Wages & salaries£4.7M
NI contributions£493k

Balance Sheet

Intangible assets£59k
Assets less current liabilities-£27.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.49-£34.5M
20230.90-£7.0M
20221.17

Derived from filed accounts. Not audited figures.