{"name":"P & B METAL COMPONENTS LIMITED","company_number":"00707502","status":"In Administration","type":"Private Limited Company","incorporated":"1961-11-07","dissolved":null,"registered_office":"C/O Interpath Ltd, 4th Floor, Tailors Corner, Thirsk Row, Leeds, LS1 4DP","postcode":"LS1 4DP","sic_codes":[{"code":24410,"description":"Precious metals production"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Group","year_end":"31 May","last_made_up_to":"2024-05-31","next_due":"2026-02-28"},"employees":null,"financials":[{"financial_date":"2024-05-31","net_assets":6348184,"cash":1146026},{"financial_date":"2023-05-31","net_assets":6956935,"cash":1118744},{"financial_date":"2022-05-31","turnover":22749559,"net_assets":5745358,"cash":1124054},{"financial_date":"2021-05-31","turnover":21629954,"net_assets":2235335,"cash":1035214},{"financial_date":"2020-05-31","net_assets":1052853,"cash":1405678}],"officers":{"current":3,"resigned":26,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":28,"outstanding":3},"gazette_notices":[{"date":"2026-01-08","kind":"insolvency"}],"insolvency_outcome":null,"ai_summary":"P & B Metal Components Limited is in administration following a severe deterioration in trading performance, with revenue declining 42% and the company swinging from profit to loss in FY24. While the balance sheet showed net assets of £6.3M at year-end, the £6.1M defined benefit pension deficit represents a near-equivalent liability that likely contributed to the insolvency. Any investment consideration is moot pending the administrators' outcome, with recovery for shareholders highly uncertain given the pension obligations and creditor hierarchy.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/p-b-metal-components-1","people":"https://www.companiesintheuk.co.uk/company/p-b-metal-components-1/people","filing_history":"https://www.companiesintheuk.co.uk/company/p-b-metal-components-1/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/00707502","financials":"https://www.companiesintheuk.co.uk/company/p-b-metal-components-1/financial","gazette":"https://www.companiesintheuk.co.uk/company/p-b-metal-components-1/gazette","control":"https://www.companiesintheuk.co.uk/company/p-b-metal-components-1/control","charges":"https://www.companiesintheuk.co.uk/company/p-b-metal-components-1/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/p-b-metal-components-1/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/p-b-metal-components-1"}