THE VALSPAR (UK) HOLDING CORPORATION LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-03-26
Overdue
Watchouts
Cash
£39M
+390.5% vs 2023
Net assets
£405M
-0.4% vs 2023
Employees
0
Average over period
Profit before tax
-£9M
-15.8% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-03-26.
Profit before tax
7-year trend · vs Consumer Discretionary median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | — | |
| Operating profit | — | — | -£14,940 | — | — | -£16,585 | -£17,026 | |
| Profit before tax | — | — | -£1,241,409 | — | — | -£8,003,643 | -£9,270,421 | |
| Net profit | — | — | -£1,241,409 | — | — | -£8,003,643 | -£9,270,421 | |
| Cash | — | — | — | — | — | £7,927,789 | £38,889,734 | |
| Total assets less current liabilities | — | — | £152,626,754 | — | — | £406,593,891 | £404,925,779 | |
| Net assets | — | — | — | — | — | — | — | |
| Equity | £22,708,557 | £76,251,729 | £152,626,754 | £157,158,884 | £413,739,771 | £406,593,891 | £404,925,779 | |
| Average employees | — | — | 0 | — | — | — | 0 | |
| Wages | — | — | — | — | — | — | — |
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 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Return on capital employed | — | — | -0.0% | — | — | -0.0% | -0.0% | |
| Current ratio | — | — | — | — | — | 0.49x | 0.69x | |
| Interest cover | — | — | -0.01x | — | — | -0.00x | -0.00x |
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
- Bradshaw Johnson
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements. The Company is part of The Sherwin-Williams Company...and provides comfort in respect of the provision of financial support to this company”
Group structure
- THE VALSPAR (UK) HOLDING CORPORATION LIMITED · parent
- Sherwin-Williams UK Limited 100%
- The Valspar (Nantes) Corporation S.A.S 100%
- The Valspar (Switzerland) Corporation AG 100%
- The Valspar (Finland) Corporation Oy 100%
- Sherwin-Williams Italy S.R.L 100%
- Vemiplast AG Switzerland 35%
- Inver S.p.A. 100%
- Sherwin-Williams France Finishes SAS 100%
- Invercolor Bologna S.r.l. 100%
- Valspar LLC (Russia) 100%
- Valspar (France) Corporation SAS 100%
- Inver Polska Sp. z oo 100%
- ICA Iberia Sau 100%
- ICA Deutschland Lacke GmbH 100%
- ICA Pidilite Private Ltd 45%
- ICA China Co. Ltd 70%
- Zhongshan ICA Trading Co. Ltd 100%
- ICA Polska Sp. z o.o. 100%
- ICA Radomsko Sp. Zoo 52.5%
- ICA Lodz Sp. Zoo 52.5%
- ICA Jarocin Sp. Zoo 37.5%
- Inver France SAS 100%
- The Valspar Research Corporation SAS 100%
- Sherwin-Williams Poland Sp. z o.o 100%
- Powdertech OU 100%
- Phoenix Fire Protection (Asia) Ltd. 100%
- Phoenix Fire Technologies (UK) Limited 100%
- Inver East Med A.E. 100%
- Isva Vernici S.r.l 100%
- Inver Industrial Coatings Srl 100%
- Valspar D.0.0 Beograd 100%
- ICA Opole Sp. Zoo 27%
Significant events
- “A dividend of £34,000,000 was paid in February 2025.”
- “During 2025 £60m was transferred from share premium reserve to the capital contribution reserve.”
- “A dividend of £34m was paid to Sherwin-Williams Coatings S.a.r.l, a Company incorporated in Luxembourg, during quarter one of 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LANG, James Paul | Director | 2025-01-20 | Sep 1976 | American |
| MIKLICH, Jeffrey James | Director | 2017-10-26 | Mar 1974 | American |
| WALKER, Simon John | Director | 2023-03-15 | Sep 1972 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEASTROM, Timothy Allen | Secretary | 1996-04-04 | 2017-10-26 |
| HYLAND, Matthew William Edward | Secretary | 1996-03-12 | 1996-04-04 |
| BALLBACH, John Michael | Director | 1996-04-04 | 2003-09-28 |
| BRAGGIO, Ezio Nicola Giacomo | Director | 2017-08-30 | 2019-03-29 |
| DONCHESS, James Michael | Director | 2019-03-29 | 2025-01-20 |
| ENGH, Rolf Nestor | Director | 1996-04-04 | 2017-10-26 |
| FISHER, Jacqueline | Director | 1996-03-12 | 1996-04-04 |
| HYLAND, Matthew William Edward | Director | 1996-03-12 | 1996-04-04 |
| KARNSTEIN, Dennis Harold | Director | 2019-03-29 | 2021-06-30 |
| MANSFIELD, William Lawrence | Director | 1996-04-04 | 2006-01-25 |
| MISTYSYN, Allen Joseph | Director | 2017-10-26 | 2019-03-29 |
| REYELTS, Paul | Director | 2003-09-28 | 2009-05-31 |
| TREAT, Tyler Nolan | Director | 2013-04-10 | 2017-10-26 |
| WALKER, Lori Ann | Director | 2009-05-31 | 2013-04-14 |
| WRIGHT, David Peter | Director | 2021-06-30 | 2023-03-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Sherwin-Williams Company | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-12-31 | Active |
| The Valspar Corporation | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2017-12-31 |
Filing timeline
Last 20 of 139 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-14 | CH01 | officers | Change person director company with change date | |
| 2026-03-13 | CH01 | officers | Change person director company with change date | |
| 2025-10-01 | AA | accounts | Accounts with accounts type full | |
| 2025-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-14 | CH01 | officers | Change person director company with change date | |
| 2025-03-05 | SH20 | capital | Legacy | |
| 2025-03-05 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-03-05 | CAP-SS | insolvency | Legacy | |
| 2025-03-05 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-23 | AA | accounts | Accounts with accounts type full | |
| 2024-05-04 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2024-04-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-24 | AA | accounts | Accounts with accounts type full | |
| 2023-06-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-15 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-09 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2022-12-09 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 2
- 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
—
Not reported
-
Cash
+390.5%
£7,927,789 £38,889,734
-
Net assets
—
Not reported
-
Employees
—
Not reported
-
Operating profit
-2.7%
-£16,585 -£17,026
lowest in 3 filed years
-
Profit before tax
-15.8%
-£8,003,643 -£9,270,421
lowest in 3 filed years
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