COREX (WIGAN) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-03 (in 5mo)
Last made up 2025-09-19
Watchouts
None on the register
Cash
£0
-100% vs 2023
Net assets
£6M
+15.2% vs 2023
Employees
74
+5.7% vs 2023
Profit before tax
£1M
+7.2% vs 2023
Name history
Renamed 2 times since incorporation
- COREX (WIGAN) LIMITED 2021-07-07 → present
- CORENSO (UK) LIMITED 1997-10-22 → 2021-07-07
- AUDENFACE LIMITED 1986-04-16 → 1986-07-17
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £15,713,789 | £16,413,973 | |
| Operating profit | £1,488,510 | £1,496,226 | |
| Profit before tax | £1,267,587 | £1,358,260 | |
| Net profit | £1,456,402 | £730,069 | |
| Cash | £2,619 | £0 | |
| Total assets less current liabilities | £9,874,410 | £10,081,997 | |
| Net assets | £4,790,546 | £5,520,615 | |
| Equity | £4,790,546 | £5,520,615 | |
| Average employees | 70 | 74 | |
| Wages | £2,455,807 | £2,765,469 |
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 | 9.5% | 9.1% | |
| Net margin | 9.3% | 4.4% | |
| Return on capital employed | 15.1% | 14.8% | |
| Current ratio | 2.45x | 1.57x | |
| Interest cover | 6.74x | 10.84x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements are prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The directors have prepared cash flow forecasts that cover the period to end of December 2026. These demonstrate that the company anticipates continuing to be profitable and overall cash generative. The company is partially funded through intercompany current accounts and loan arrangements. The directors anticipate these funding arrangements to continue throughout the forecast period. They also anticipate support beyond this with the intercompany loan being repayable in December 2028. Based on these forecasts and the anticipated continued support of the wider group, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Group structure
- COREX (WIGAN) LIMITED · parent
- Safe Packaging Ltd 100%
Significant events
- “On 21st January 2025, the company purchased 100% of the equity of Safe Packaging Ltd, an Epping based core-wonder company, becoming a person with significant control. At the time of the issue of the financial statement, the business combination is incomplete.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DE MEYER, Geert | Director | 2019-07-19 | Aug 1963 | Belgian |
| GUMLEY, Kelly Margaret | Director | 2024-04-01 | Jun 1976 | British |
| ZENNER, Denis Jean | Director | 2019-07-19 | Apr 1976 | Belgian |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARR, James Ford | Secretary | 2009-07-01 | 2013-11-01 |
| GLOVER, David Barrie | Secretary | 1997-10-01 | 1999-08-12 |
| KHAWAJA, Saqib | Secretary | 2019-12-16 | 2023-04-27 |
| TICK, Aubrey Edward | Secretary | 1999-08-12 | 2009-06-30 |
| VALIKANGAS, Ville Valtteri | Secretary | 2013-11-01 | 2014-12-01 |
| WEDDERBURN, William Henry | Secretary | — | 1997-10-01 |
| A G SECRETARIAL LIMITED | Corporate Secretary | 2017-05-15 | 2025-09-15 |
| JORDAN COMPANY SECRETARIES LIMITED | Corporate Secretary | 2014-12-01 | 2017-05-15 |
| ANTTI, Sampo Edward | Director | 2009-10-27 | 2019-07-19 |
| BARR, James Ford | Director | 2009-07-01 | 2014-12-01 |
| BRAIDEN, Philip Brian | Director | 2016-02-12 | 2019-11-30 |
| GIBSON, Stuart Leslie | Director | 1997-10-01 | 2002-03-11 |
| GLOVER, David Barrie | Director | 1997-10-01 | 1999-08-12 |
| HELMINEN, Jaakko Tapio | Director | 2013-09-23 | 2019-07-19 |
| HONKANEN, Jari Kalevi | Director | 1998-05-11 | 2002-03-11 |
| LARSSON, Bengt | Director | 2002-11-05 | 2009-10-27 |
| LEAK, James Robert | Director | — | 1997-10-01 |
| MAKELA, Esa Jukka | Director | 1997-10-01 | 2009-10-27 |
| NIGHTINGALE, Gaynor Elizabeth | Director | 2014-12-01 | 2018-09-21 |
| NIJLAND, Johan | Director | 2009-10-27 | 2016-02-12 |
| POULENARD, Marc Henri | Director | 2009-06-18 | 2011-07-31 |
| REEVES, John Edward | Director | 2001-04-26 | 2009-10-06 |
| SCHOTTEN, Martin | Director | 2005-04-14 | 2009-10-27 |
| SUURSALMI, Pekka Juhani | Director | 2002-11-05 | 2009-10-27 |
| TAHVANAINEN, Veli-Matti | Director | — | 1997-10-01 |
| TICK, Aubrey Edward | Director | 1999-08-12 | 2009-06-30 |
| TUOMINEN, Tapio | Director | — | 1997-10-01 |
| VOUTILAINEN, Olli | Director | — | 2007-02-12 |
| WEDDERBURN, William Henry | Director | — | 1997-10-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Corenso Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 212 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-05-27 RESOLUTIONS Resolution
- 2021-07-07 CERTNM Certificate change of name company
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-26 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-01 | AA | accounts | Accounts with accounts type full | |
| 2025-04-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-22 | AA | accounts | Accounts with accounts type full | |
| 2024-05-13 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-22 | AA | accounts | Accounts with accounts type full | |
| 2023-05-30 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2023-05-27 | RESOLUTIONS | resolution | Resolution | |
| 2023-05-24 | SH01 | capital | Capital allotment shares | |
| 2023-04-27 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-04 | AA | accounts | Accounts with accounts type full | |
| 2021-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-06 | AA | accounts | Accounts with accounts type full | |
| 2021-07-07 | CERTNM | change-of-name | Certificate change of name company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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
+4.5%
£15,713,789 £16,413,973
-
Cash
-100%
£2,619 £0
-
Net assets
+15.2%
£4,790,546 £5,520,615
-
Employees
+5.7%
70 74
-
Operating profit
+0.5%
£1,488,510 £1,496,226
-
Profit before tax
+7.2%
£1,267,587 £1,358,260
-
Wages
+12.6%
£2,455,807 £2,765,469
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