Petrel Limited

Manufacture of electric lighting equipment · Birmingham

ActiveUnited KingdomIncorporated 1981Private Limited Company

Financial position

Accounts to 2025-12-31 · GBP · Company accounts

Net assets

£132,848

Cash

£184,311

Turnover

—

Profit / loss

—

Current assets

£1,749,971

Creditors < 1 year

£1,608,534

Equity

£132,848

Average employees

GBP · company

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

4 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures	2025-12-3112 months · Company · AI-read	2024-12-31Company · AI-read	2024-02-219 months · Company	2023-05-3112 months · Company
Balance sheet
Net assets	£132,848	−£34,827	—	—
Equity	£132,848	−£34,827	—	—
Share capital	£100	£100	—	—
Retained earnings	£132,748	−£34,927	—	—
Assets
Fixed assets	£201,356	£190,280	—	—
Intangible assets	£105,888	£123,754	£48,925	£52,839
Property, plant & equipment	£95,468	£66,526	£73,909	£56,597
Current assets	£1,749,971	£1,540,056	—	—
Cash at bank	£184,311	£177,945	£155,272	£2,462,933
Debtors	£709,702	£739,965	£373,982	£1,278,865
Stock	£855,958	£622,146	—	—
Liabilities
Creditors within one year	£1,608,534	£1,551,867	—	—
Creditors after one year	£9,852	£18,414	—	—
Provisions	£200,093	£194,882	—	—
Net current assets	£141,437	−£11,811	—	—
Assets less current liabilities	£342,793	£178,469	—	—
Profit & loss
Profit before tax	—	—	£667,008	£555,538
People & pay
Average employees	26	—	23	23
Source evidence	View filing	View filing	View filing	View filing

What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.

Related parties (5)

Ex-Tech Solutions SAS · a company under common control · sales · £28,373
Ex-Tech Solutions SAS · a company under common control · purchases · £353
Pyropress Limited · a company under common control · amount due from, included in debtors · £13,529
Pyroban Limited · a company under common control · amount due to, included in creditors · £124,388
Pioneer Ideso Holdings Limited · intermediary parent company · amount due to, included in creditors · £1,000,000

Share classes (1)

Events after the year end (2)

On 2 April 2026, Cognesense Holdings UK Limited acquired 100% of the share capital of Pioneer Safety Group Limited. Prior to the transaction Pioneer Safety Group Limited held an 85.5% interest in Petrel Pioneer Limited, the immediate parent undertaking.
Since the balance sheet date the ultimate parent company is L2 Cognesense Parent Holdings LP, a company incorporated in the United States.

Contingent liabilities (1)

At the balance sheet date, Petrel Limited is included in a cross guarantee, in favour of Barclays PLC, between Pioneer Ideso Holdings Limited, Petrel Limited, Pyroban Group Limited, Pyropress (Propco) Limited, Ideso Group Limited, Allenwest Pioneer Limited, Allenwest Group Limited, Petrel Pioneer Limited, Pyroban Limited, Pyropress Limited, Allenwest Wallacetown Limited (formerly Allenwest Limited), Baldwin & Francis Limited, Pioneer Safety Group Limited. All of the parties have joint and several liability to Barclays PLC and the facility is secured by way of a fixed and floating charge over the assets and undertakings of all above named companies. The total amount of liability in Pioneer Ideso Holdings Limited in relation to the group companies named above under the agreement at 31 December 2025 was £11,759,835 (2024 £9,920,702).