Pioneer Fm Ltd

Pioneer Fm Ltd is a small, active company based in Bracknell, UK, founded eight years ago in 2016. With 225 employees and £1,419,527 in assets, it’s a solo-founded operation run by a single director and owner, Mary-Jane Pettit. The company operates in the other service activities n.e.c. industries and is an irregular importer, with its top import category being clothing and accessories made by knitting or crocheting, totaling 2 months of imports. The last import operation was conducted on October 01, 2024.

The company’s website, pioneerfm.com, highlights its comprehensive range of cleaning and facilities management services for businesses across the UK. It emphasizes sustainability and ecofriendly practices, catering to sectors like private, public, defence, and health and fitness. The website showcases case studies, accreditations (including ISO9001, ISO14001, and Safecontractor), and a commitment to paying the Real Living Wage. Pioneer FM positions itself as a “Total FM organisation” focused on people, partnerships, and the planet.

Financially, Pioneer Fm Ltd shows some concerning trends. Cash reserves plummeted 52% to £1,000,000, while bank borrowings surged to £110,000. Net assets also declined by 27% to £1,600,000. Trade debtors fell by 59%, suggesting potential issues with customer payments. On a positive note, creditors decreased by 58%, indicating better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp decline in cash and increase in borrowings raise questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's average number of employees has also decreased by 47% to 120, which could be a result of restructuring or reduced demand for services. Loans from directors, however, have become a negative £250,000, suggesting the owner has invested heavily into the business.

Registered in England/Wales under the registration number 10416172, with a registered address at RG12 8FB, England, Bracknell, Access Business Centre, Willoughby Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.