The Firmwatch take
P B Gelatins U.k. Limited (01477674) currently shows: At risk signal detected, based on accounts to 31 December 2024; last refreshed 24 May 2026. Net liabilities of £30m — assets do not cover obligations.
Companies House source·Accounts to 31 Dec 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
1 public risk event on file
Pulse · Net assets, 2023–2024
↘ £35mIncorporated
6 February 1980
46 years on the register
Sector
Food manufacturing
SIC 10890 · matched to division
Size
Not classified
Net assets
−£30m
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
−£30m
Bottom 10% in sector · sector median £200 · 11,618 filers in this sector
Cash
Not disclosed
Working cap.
−£31m
Median £1k
Current ratio
0.5×
Median 1.0×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Food and Beverage Manufacturing
How this company compares in 11,618 filers in this sector
Bottom 10% in sector — P B Gelatins U.k. Limited shows −£30m in net assets. Sector median is £200.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Risk events · monitored daily
1 event on the watchtower
- 30 Jun 2025
First gazette notice
London Gazette
Get alerted on any new event
If a new Gazette notice, insolvency filing or court order is published for P B Gelatins U.k. Limited, we'll email you once.
Recent activity
Filings and risk events
- 30 Jun 2025First gazette notice
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.