Pullmaflex U.K. Limited

Private Limited Company · London

ActiveUnited KingdomIncorporated 1940Private Limited Company

Financial position

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

Net assets

£651,658,981

Cash

£24,715,464

Turnover

£33,795,146

Profit / loss

−£58,504,768

Current assets

£38,882,444

Creditors < 1 year

£8,954,118

Equity

£651,658,981

Average employees

252

Balance-sheet trend

GBP · company

Financial statements

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

2 periods

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

Reported figures	2025-12-31Company · AI-read	2024-12-31Company · AI-read
Balance sheet
Net assets	£651,658,981	£777,750,752
Equity	£651,658,981	£777,750,752
Share capital	£483,185,938	£483,185,938
Retained earnings	£136,680,313	£262,772,084
Assets
Fixed assets	£622,237,478	£833,698,124
Intangible assets	£24,285	£104,146
Property, plant & equipment	£12,504,478	£12,912,876
Investments	£609,708,715	£820,681,102
Current assets	£38,882,444	£25,750,700
Cash at bank	£24,715,464	£3,661,506
Debtors	£9,666,648	£17,011,651
Stock	£4,500,332	£5,077,543
Liabilities
Creditors within one year	£8,954,118	£80,205,977
Creditors after one year	£7,277	—
Capital commitments	£0	—
Net current assets	£29,928,326	−£54,455,277
Assets less current liabilities	£652,165,804	£779,242,847
Profit & loss
Turnover	£33,795,146	£31,350,512
Cost of sales	£29,913,746	£28,399,810
Gross profit	£3,881,400	£2,950,702
Distribution costs	£1,176,127	£986,773
Other operating income	£103,213	−£223,877
Operating profit	−£195,245,968	−£167,323,726
Interest receivable	£538,787	£2,396,036
Interest payable	£5,043,811	£3,340,490
Profit before tax	−£54,280,977	−£102,275,705
Tax	−£4,223,791	−£1,413,437
Profit / loss	−£58,504,768	−£103,689,142
Operating costs
Depreciation	£997,818	£733,326
Amortisation	£79,861	£38,261
Audit fees	£83,387	£80,180
Research & development	£1,294,134	£1,093,674
People & pay
Average employees	252	268
Staff costs	£11,851,675	£11,295,268
Wages & salaries	£10,268,357	£9,829,496
Social security costs	£1,183,320	£1,035,020
Pension costs	£399,998	£430,752
Directors' remuneration	£572,212	£914,860
Highest paid director	£572,212	£914,860
Source evidence	View filing	View filing

From the accounts

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

Auditor: Grant Thornton UK LLP
Audit opinion: Clean (unmodified)
Immediate parent: Pullmaflex International Limited
Ultimate parent: Leggett and Platt Inc
Ultimate controlling party: Leggett and Platt Inc
Accounts: FRS 102
Approved: 2026-08-17, signed by R Konig

Subsidiaries (11)

Leggett & Platt Servicios Ejecutivos, S. de R.L. de C.V. · 100% · Montes Aconcagua No. 325, Lomas 3da Seccion, San Luis Potosi, SLP CP 78210, Mexico · Payroll facilitator
Legplat, S. de R.L. de C.V. · 99.99% · Himno Nacional 1911 Piso 1 Tangama, San Luis Potosi C.P. 78269, Mexico · Holding company
LPT d.o.o. · 100% · Hrupine 4, Prelog 40323, Croatia · Production of bedding components
Pullmaflex Benelux NV · 99.997% · Kortrijkstraat 343, 8560 Wevelgem, Belgium · Manufacture of automotive seat suspension products and lumbar support system
Schukra Berndorf GmbH · 100% · Leobersdorfer Straße 26, A-2560 Berndorf, Austria · Production of lumbar support systems and manual and electromechanical actuators
Specitubes SAS · 100% · Hameau de Letoquoi, 1402 Rue de Neufchatel, Samer, 62830, France · Aerospace components
Spuhl GmbH · 100% · Grüntalstrasse 23, 9300 Wittenbach, St. Gallen, Switzerland · Production of bedding products (pocket coiler, pocket assembler, pocket nano, pocket combination, transfer)
TAG Environmental, Inc. · 51% · 85 Morrow Road, Barrie, Ontario L4N 3V7, Canada · Production of furniture, flooring & textile products
Terrafix Geosynthetics, Inc. · 100% · 455 Horner Avenue, Toronto, Ontario M8W 4W9 · Storage of furniture, flooring & textile products
Trio Line Polska sp. z o.o. · 100% · ul. Skladowa, nr 5, Plewiska, 62-064 Plewiska, Poland · Upholstery and assembly of finished goods
106007 Canada Limited · 100% · 3543 Conroy Road, Gloucester, On K1T 3S6, Canada · Distributor of geosynthetic products

Turnover by segment (8)

Sale of seating and suspension: 33,795,146 (2025-12-31)
Sale of seating and suspension: 31,350,512 (2024-12-31)
United Kingdom: 2,601,331 (2025-12-31)
Rest of Europe: 28,443,880 (2025-12-31)
Rest of the world: 2,749,935 (2025-12-31)
United Kingdom: 4,268,042 (2024-12-31)
Rest of Europe: 23,567,678 (2024-12-31)
Rest of the world: 3,514,792 (2024-12-31)

Share classes (2)

51,000 Ordinary shares of £1.00 each
483,134,938 Ordinary B shares of £1.00 each

Events after the year end (3)

On 13 April 2026, the ultimate parent company, Leggett & Platt Inc., announced that a definitive agreement had been signed pursuant to which Somnigroup International Inc. will acquire Leggett & Platt Inc. in an all-stock transaction valued at approximately $2.5 billion.
The transaction is currently anticipated to close by year-end 2026, subject to the satisfactory closing conditions, including approval by Leggett & Platt Inc.'s shareholders and receipt of applicable regulatory approvals.
There have been no significant events affecting the company since the reporting date.

Contingent liabilities (1)

The company is party to an unlimited cross guarantee in respect of bank overdrafts of certain companies in the Leggett & Platt Group. The company has a contingent liability in respect of these borrowings which at 31 December 2025 amounted to £Nil (2024: £Nil).