PIL MEMBRANES LIMITED
Company number 04925636 · Monitor this company
Executive summary
PIL Membranes is a profitable, growing manufacturer with a 21-year track record and strong market position in breathable membranes. Revenue has grown 21% from £16.3M (2020) to £19.7M (2024), with operating profit doubling in the latest year to £2.2M. However, the Employee Ownership Trust contributions of £1.8M annually are eroding net assets and consuming virtually all post-tax profits, leaving limited free cash flow for additional debt service. Credit approval is recommended on a conditional basis, with covenants structured around EOT contribution restrictions and minimum net asset thresholds.
Shareholders' funds
£4,348,329
Balance sheet as at 2025-11-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-10-08
- Employees
- 125 (2025 accounts · was 129 in 2024)
- Registered office
- Riverside Industrial Estate,, Estuary Road, King's Lynn, Norfolk, United Kingdom, PE30 2HS
- Postcode
- PE30 2HS
- Capital
- 150,000 GBP
- Accounts category
- Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-11-30
- Next due by
- 2027-08-31
- Financial year end
- 30 November
Confirmation statement
- Last statement dated
- 2025-10-08
- Next due by
- 2026-10-22
Nature of business (SIC)
- 22210 Manufacture of plastic plates, sheets, tubes and profiles
Officers 6 current · 15 resigned
Group structure
Controlled by PIL MEMBRANES HOLDINGS LIMITED — since 2020-09-21
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — ZB858246 (Tier 2), registered since 2025.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- pilmembranes.com
- Phone
- +44 1553622000
Previous company names
| Name | Date changed |
|---|---|
| KL TECHNOLOGIES LIMITED | 2007-08-21 |
| LEGISLATOR 1652 LIMITED | 2003-12-03 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| ESTUARY ROAD, KING'S LYNN, NORFOLK, PE30 2HS | 2018-05-10 |
| ESTURARY ROAD, KINGS LYNN, NORFOLK, PE30 2HS | 2014-10-24 |
| HOLLAND COURT, THE CLOSE, NORWICH, NORFOLK NR1 4DX | 2003-11-26 |
Among its peers
Top 10%
by shareholders' funds, of 56 similar companies in PE — measured against the wider sector
The largest employer among its local peers (125 staff).
Trading since 2003.
The class of 2003
38%
of the 163,090 companies incorporated in 2003 are still active today; 59% have since been dissolved.
A fact about the year, not a forecast for this company.