VI - SPRING LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-14 (in 1y)
Last made up 2026-04-30
Watchouts
None on the register
Cash
£5M
-2.9% vs 2023
Net assets
£15M
-4.2% vs 2023
Employees
207
-1.4% vs 2023
Profit before tax
£23M
+20.2% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £52,107,000 | £52,767,000 | |
| Operating profit | £10,915,000 | £11,728,000 | |
| Profit before tax | £19,024,000 | £22,860,000 | |
| Net profit | £16,272,000 | £19,866,000 | |
| Cash | £5,621,000 | £5,460,000 | |
| Total assets less current liabilities | £15,425,000 | £14,819,000 | |
| Net assets | £15,169,000 | £14,535,000 | |
| Equity | £15,169,000 | £14,535,000 | |
| Average employees | 210 | 207 | |
| Wages | £9,290,000 | £9,750,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 20.9% | 22.2% | |
| Net margin | 31.2% | 37.6% | |
| Return on capital employed | 70.8% | 79.1% | |
| Current ratio | 1.76x | 1.67x | |
| Interest cover | 682.19x | 617.26x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company has considerable financial resources and benefits from having customers and suppliers across different geographic areas and industries. The directors forecast that the Company will continue to generate profits and cash. Therefore, the directors believe that the Company is well placed to manage its business risks successfully.”
Group structure
- VI - SPRING LIMITED · parent
- E S Kluft & Company Inc. 100%
Significant events
- “Vispring was awarded the Kings Award for Enterprise (in the International Trade category) from His Majesty King Charles III.”
- “The ongoing disruption to worldwide shipping and transport due to large scale avoidance of the Red Sea has caused extended transit times in both imports (raw materials) and exports (finished goods).”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 32 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CATOVSKY, Michael David | Secretary | 2017-10-27 | — | — |
| CATOVSKY, Michael David | Director | 2017-09-13 | Feb 1976 | British |
| GILL, Martin Muir | Director | 2023-01-01 | Nov 1969 | British |
| GONZALEZ BETERE, Rafael | Director | 2005-12-15 | Jan 1961 | Spanish |
| MORENO, Angel | Director | 2005-12-15 | Jul 1961 | Spanish |
| RAUH, Alain | Director | 2008-02-14 | Jun 1963 | French |
Show 32 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHAPMAN, Christopher John | Secretary | 1996-12-16 | 2000-04-10 |
| JOHNSON, Jane | Secretary | 2016-01-07 | 2017-10-27 |
| MEEHAN, Michael | Secretary | 2000-10-06 | 2016-01-07 |
| PARSONS, Graham John | Secretary | — | 1992-09-25 |
| PERKINS, Michael William | Secretary | 2000-04-10 | 2000-10-06 |
| STRATTON, Malcolm | Secretary | 1992-09-25 | 1996-12-16 |
| BOND, Stanley David | Director | 2003-10-15 | 2005-04-08 |
| BROWNLOW, Ian David | Director | — | 2001-07-30 |
| DAVIES, Michael Thomas | Director | 2003-08-06 | 2006-12-18 |
| DAVIES, Michael Thomas | Director | 1996-12-16 | 2000-10-06 |
| EDWARDS, Mark John | Director | 1996-12-16 | 2000-10-06 |
| ESPANA, Gerardo | Director | 2008-07-15 | 2022-12-31 |
| GERETY, James Anthony | Director | 2012-02-20 | 2024-11-09 |
| GODDARD, David Peter | Director | 1995-11-20 | 2000-10-06 |
| GROOS, Johannes | Director | 2007-01-02 | 2012-10-31 |
| HARDING, Ian | Director | — | 1993-06-29 |
| HARRISON, Christopher | Director | 2006-11-06 | 2022-12-31 |
| HARRISON, William | Director | 1999-04-30 | 2011-12-31 |
| HILLS, Andrew James | Director | — | 1995-08-24 |
| JOHNSON, Jane Susanne | Director | 2006-11-06 | 2017-10-27 |
| LAY, Trevor | Director | — | 2016-01-07 |
| LOYNES, David Guy William | Director | — | 1995-04-05 |
| MANT, John Stuart | Director | 1999-04-30 | 2002-11-27 |
| MCARTHUR, Frances Helen | Director | 2003-10-15 | 2006-03-24 |
| MEEHAN, Michael Richard | Director | 1995-11-20 | 2022-12-31 |
| MITCHELL, Darryl Alan Leslie | Director | — | 1994-11-01 |
| MOULDER, Robert Arnold | Director | — | 1994-04-30 |
| ORTIZ, Jose Maria | Director | 2005-12-15 | 2008-01-14 |
| PROVEDA, Jose Luis | Director | 2005-12-15 | 2008-05-16 |
| SIMPSON, Robert Dermott | Director | 2000-11-01 | 2003-08-06 |
| WESTMINSTER SECURITIES LIMITED | Corporate Director | — | 1996-12-16 |
| WILLIAMS MANAGEMENT SERVICES LIMITED | Corporate Director | — | 1996-12-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Flex Equipos De Descanso S.A. | Corporate entity | Shares 75–100% | 2017-04-30 | Ceased 2022-04-29 |
Filing timeline
Last 20 of 245 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-17 | AA | accounts | Accounts with accounts type full | |
| 2024-11-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-08 | AA | accounts | Accounts with accounts type full | |
| 2023-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-14 | AA | accounts | Accounts with accounts type full | |
| 2023-01-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-01-04 | TM01 | officers | Termination director company with name termination date | |
| 2022-05-03 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2022-05-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-03 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-04-12 | AA | accounts | Accounts with accounts type full | |
| 2021-04-30 | AA | accounts | Accounts with accounts type full | |
| 2021-04-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-12-22 | CH01 | officers | Change person director company with change date | |
| 2020-12-22 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+1.3%
£52,107,000 £52,767,000
-
Cash
-2.9%
£5,621,000 £5,460,000
-
Net assets
-4.2%
£15,169,000 £14,535,000
-
Employees
-1.4%
210 207
-
Operating profit
+7.4%
£10,915,000 £11,728,000
-
Profit before tax
+20.2%
£19,024,000 £22,860,000
-
Wages
+5%
£9,290,000 £9,750,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers