How much does P B Gelatins U.K. Limited make?

P B Gelatins U.K. Limited reported revenue of £37.5m and a loss of £10.3m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does P B Gelatins U.K. Limited have?

P B Gelatins U.K. Limited reported an average of 45 employees in the year to 31 Dec 2025.

Is P B Gelatins U.K. Limited profitable?

No — P B Gelatins U.K. Limited reported a loss of £10.3m in the year to 31 Dec 2025.

Company No. 01477674 · Incorporated 6 Feb 1980

P B Gelatins U.K. Limited

Registered name: P B GELATINS U.K. LIMITED

Part of Tessenderlo Group Nv group

P B Gelatins U.K. Limited made £37.5m revenue and a £10.3m loss in the year to 31 Dec 2025.

P B Gelatins U.K. Limited’s revenue fell 13% to £37.5m in the year to 31 Dec 2025, with a loss of £10.3m and 45 employees. The company is classified under “manufacture of other food products” and is based in South Cave; we hold 5 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10890Manufacture of other food products n.e.c.

Status: Active
Location: South Cave, Yorkshire and The Humber
Age: 46 yrs · since 1980
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£37.5m

Growth ▼13.1%

Profit

−£10.3m

Growth —

Profit margin

−27.4%

Gross −7.7%

Employees

Change ▼49.4%

Profit / employee

−£228k

Revenue/employee £833k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£36.4m	£44m	£54.7m	£43.1m	£37.5m
Cost of sales	£41.5m	£42.5m	£51.5m	£42.8m	£40.4m
Gross profit	−£5m	£1.4m	£3.2m	£322k	−£2.9m
Operating profit	−£7.6m	−£8m	−£6.5m	−£32.7m	−£9m
Profit before tax	£53m	−£8.4m	−£7.9m	−£35.6m	−£11.6m
Profit after tax	£54.3m	−£7m	−£7m	−£34.5m	−£10.3m
Profit (best available)	£54.3m	−£7m	−£7m	−£34.5m	−£10.3m
Staff costs	£5.3m	£5.5m	£5.5m	£5.4m	£2.8m
Employees (average)	91	93	97	89	45
Ratios
Profit margin	149.1%	−16%	−12.8%	−80%	−27.4%
Gross margin	−13.8%	3.3%	5.9%	0.8%	−7.7%
Revenue per employee	£400k	£473k	£564k	£485k	£833k
Profit per employee	£597k	−£75.6k	−£72.3k	−£388k	−£228k
Growth (year on year)
Revenue growth	—	▲20.7%	▲24.3%	▼21.1%	▼13.1%
Profit growth	—	▼112.9%	—	—	—
Headcount growth	—	▲2.2%	▲4.3%	▼8.3%	▼49.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£238	£735	£19.5k	£205	—
Net assets	£18.7m	£11.6m	£4.6m	−£29.9m	−£40.2m
Fixed assets	£7.7m	£7.6m	£9.3m	£4.2m	£3.3m
Current assets	£26.7m	£30.9m	£39.8m	£29.7m	£4.2m
Debtors	£1.4m	£724k	£1.3m	£1.5m	£485k
Deferred income	£1.3m	£1.8m	£1.2m	£867k	£900k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Mar 2025	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −27.4%; Profit ÷ revenue.
Gross margin: −7.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £833k; Revenue ÷ average employees.
Profit per employee: −£228k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 8.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.3%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£40.2m
Cash at bank: —; Now —
Headcount: ▼49%; Now 45
Deferred income: ▲4%; Now £900k
Fixed assets: ▼21%; Now £3.3m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Tessenderlo Group Nv (registered outside the UK register)ultimate parent75–100%
Tessenderlo Holding UK Limited75–100%
P B Gelatins U.K. Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Minority corporate shareholders

Tessenderlo Group (registered outside the UK register)

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£10.3m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.