Back to search

Px Manufacturing Ltd

02980841

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 8 outstanding charges (-10)

Details

40 Thorby Avenue, March, Cambridgeshire, PE15 0AZ
Incorporated 19/10/1994

Previously known as

P X Manufacturing & Distribution Company Limited · until 31/12/2018
Quayshelfco 489 Limited · until 24/01/1995

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/12/2025

Due 20/12/2026

On track

Industry

27120
Manufacture of electricity distribution and control apparatus
27320
Manufacture of other electronic and electric wires and cables
46900
Non-specialised wholesale trade

Officers

Dr Pawel Tetnowski

director · Since 06/02/2013

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 8 other boards

Ms Elzbieta Tetnowska

secretary · Since 18/03/2014

Mr Rafal Tetnowski

director · Since 18/03/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Pawel Tetnowski

director · Since 06/02/2013

British · United Kingdom · Age 56

Elzbieta Tetnowska

secretary · Since 18/03/2014

Rafal Tetnowski

director · Since 18/03/2014

British · England · Age 55

Former

Nqh Limited

corporate nominee director · Resigned 21/12/1994

Nqh (Co Sec) Limited

corporate nominee secretary · Resigned 21/12/1994

Suresh Popat

secretary · Resigned 20/01/2006

Suresh Popat

director · Resigned 29/11/2013

Pawel Tetnowski

secretary · Resigned 17/03/2014

Stanislaw Franciszek Tetnowski

director · Resigned 02/02/2023

Chivgate Limited

corporate director · Resigned 22/05/2024

Persons with Significant Control

Dr Pawel Tetnowski

Significant control

British · United Kingdom · Age 56

40 Thorby Avenue, Cambridgeshire, PE15 0AZ

Notified 06/04/2016

Mr Rafal Tetnowski

Significant control

British · England · Age 55

40 Thorby Avenue, Cambridgeshire, PE15 0AZ

Notified 06/04/2016

Former PSCs

Mr Stanislaw Franciszek Tetnowski

Ceased 02/02/2023

Charges8 outstanding

Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 08/11/2022Registered 09/11/2022
Charge
outstanding

HSBC INVOICE FINANCE (UK) LIMITED

Created 28/07/2022Registered 04/08/2022
Charge
outstanding

HSBC UK BANK PLC

Created 17/03/2021Registered 25/03/2021
Charge
outstanding

HSBC UK BANK PLC

Created 04/12/2018Registered 18/12/2018
Charge
outstanding

HSBC BANK PLC

Created 09/01/2014Registered 11/01/2014
Charge
outstanding

HSBC BANK PLC

Created 02/12/2013Registered 14/12/2013
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 03/12/2013Registered 04/12/2013
Charge
outstanding

HSBC BANK PLC

Created 21/11/2013Registered 27/11/2013

Change History

officer appointed → TETNOWSKA, Elzbieta
2026-08-21
officer appointed → TETNOWSKI, Pawel, Dr
2026-08-21
officer appointed → TETNOWSKI, Rafal
2026-08-21
status → active
2026-08-21

Active

type → ltd
2026-08-21

Private Limited Company

address line1 → 40 Thorby Avenue
2026-08-21

40 THORBY AVENUE

post town → Cambridgeshire
2026-08-21

CAMBRIDGESHIRE

CompanyRankvs 54+ SIC 27120 peers
65

Financial strength100th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.52× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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

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. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2025

Turnover

£52.0M

Annual revenue

Net Worth

£16.0M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Profit Before Tax

£464k

Bottom line earnings

Net Current Assets

£10.2M

Working capital

Current Assets

£29.7M

Current Liabilities

£19.6M

Fixed Assets

£8.3M

Debtors

£15.0M

Cost of Sales

£47.1M

Gross Profit

£4.8M

Admin Expenses

£2.6M

Operating Profit

£1.2M

Profit After Tax

£343k

33avg. employees-2

Tax at Year End

Corp tax£130k

People Costs

Wages & salaries£1.3M
NI contributions£149k

Balance Sheet

Intangible assets£146k
Assets less current liabilities£18.5M
Prepared with Sage Accounts Production 25.0 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20251.52+£308k
20241.75+£240k
20232.34—

Derived from filed accounts. Not audited figures.