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Next accounts due

2026-06-30 (in 1mo)

Last filed for 2024-09-30

Confirmation statement due

2027-05-21 (in 1y)

Last made up 2026-05-07

Watchouts

2 items

Cash

£3M

+261.9% highest in 5 filed years

Net assets

£11M

+7.5% vs 2023

Employees

34

0% vs 2023

Profit before tax

£2M

+20.6% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

7-year trend · latest reflected 2024-09-30

Metric Trend 2018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-30
Turnover £17,349,591£21,610,016£25,541,543£25,892,050
Operating profit £1,980,042£2,591,264£2,097,738£2,470,785
Profit before tax £1,921,181£2,522,992£2,131,281£2,031,484£2,450,073
Net profit £1,653,370£2,154,548£1,744,436£1,644,325£1,763,525
Cash £1,121,025£1,416,291£1,561,636£961,240£3,478,364
Total assets less current liabilities £7,558,794£9,890,723£11,874,608£10,551,184£11,921,885
Net assets £7,356,130£9,510,678£11,255,114£9,899,439£10,646,232
Equity £5,310,286£5,702,760£7,356,130£9,510,678£11,255,114£9,899,439£10,646,232
Average employees 3334343434
Wages £1,382,321£1,428,228£1,400,321£1,514,141£1,568,696

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 2018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-30
Operating margin 11.4%12.0%8.2%9.5%
Net margin 9.5%10.0%6.4%6.8%
Return on capital employed 26.2%26.2%19.9%20.7%
Current ratio 1.53x1.30x
Interest cover 28.95x37.88x28.64x32.46x

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
Barlow Andrews LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

7 active · 14 resigned

Name Role Appointed Born Nationality
WATSON, Jo-Anne Katie Secretary 2025-05-23
MAUGHAM, Jamie Director 2015-02-03 Feb 1968 British
RABY, Brian James Director 2026-01-09 Dec 1970 British
STONEHEWER, Philip Mark Director 1999-10-01 Jul 1956 British
WALLEN, Andrew Wray Director Mar 1947 British
WALLEN, Richard Wray Director 1999-10-01 Aug 1974 British
WATSON, Jo-Anne Katie Director 2026-01-09 Jun 1983 British
Show 14 resigned officers
Name Role Appointed Resigned
HOLMES, Brian Matthew Secretary 2005-01-04
RICHARDSON, Philip William Secretary 2010-08-02 2010-08-02
RICHARDSON, Philip William Secretary 2010-08-02 2025-05-23
RICHARDSON, Sarah Wendy Secretary 2005-01-04 2010-07-30
HOLMES, Brian Matthew Director 1992-12-01 2008-06-18
LOMAX, Alan Director 2015-02-03 2025-04-10
MCGUIRE, Peter Director 1999-10-01 2015-02-03
RICHARDSON, Philip William Director 2011-04-05 2025-05-23
RICHARDSON, Sarah Wendy Director 2008-06-18 2010-07-30
WALLEN, James Wray Director 2013-07-01 2025-05-23
WALLEN, Joyce Edith Director 2004-03-05
WALLEN, Stephen Ernest Director 1994-03-30
WALLEN, Wendy Director 1994-04-01 2004-03-05
WILLIS, Susan Elizabeth Director 2003-05-01 2008-05-22

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Varnish Industries Holdings Limited Corporate entity Shares 75–100% 2025-05-23 Active
Vil Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Ceased 2025-05-23

Filing timeline

Last 20 of 141 total filings

Date Type Category Description
2026-05-09 CS01 confirmation-statement Confirmation statement with updates PDF
2026-04-17 CH01 officers Change person director company with change date PDF
2026-01-09 AP01 officers Appoint person director company with name date PDF
2026-01-09 AP01 officers Appoint person director company with name date PDF
2025-11-05 MR04 mortgage Mortgage satisfy charge full PDF
2025-10-30 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-06-18 AA accounts Accounts with accounts type full PDF
2025-05-29 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-05-29 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-05-29 AP03 officers Appoint person secretary company with name date PDF
2025-05-29 TM02 officers Termination secretary company with name termination date PDF
2025-05-29 TM01 officers Termination director company with name termination date PDF
2025-05-29 TM01 officers Termination director company with name termination date PDF
2025-05-29 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-05-19 MR04 mortgage Mortgage satisfy charge full PDF
2025-05-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-29 TM01 officers Termination director company with name termination date PDF
2024-06-25 AA accounts Accounts with accounts type full PDF
2024-05-08 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-26 AA accounts Accounts with accounts type full PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
16

last 12 months

Capital events
0

last 24 months

Officers appointed
3

last 12 months

Officers resigned
3

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 2024-09-30 vs 2023-09-30

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page