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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

1 item

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

Accounts

7-year trend · latest reflected 2024-12-31

Metric Trend 2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
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 00
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 2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Return on capital employed -0.0%-0.0%-0.0%
Current ratio 0.49x0.69x
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

  1. THE VALSPAR (UK) HOLDING CORPORATION LIMITED · parent
    1. Sherwin-Williams UK Limited 100% · England and Wales · manufacture and supply of coatings and inks
    2. The Valspar (Nantes) Corporation S.A.S 100% · France · manufacture and supply of coatings and inks
    3. The Valspar (Switzerland) Corporation AG 100% · Switzerland · manufacture and supply of coatings and inks
    4. The Valspar (Finland) Corporation Oy 100% · Finland · manufacture and supply of coatings and inks
    5. Sherwin-Williams Italy S.R.L 100% · Italy · manufacture and supply of coatings and inks
    6. Vemiplast AG Switzerland 35% · Switzerland · manufacture and supply of coatings and inks
    7. Inver S.p.A. 100% · Italy · manufacture and supply of coatings and inks
    8. Sherwin-Williams France Finishes SAS 100% · France · manufacture and supply of coatings and inks
    9. Invercolor Bologna S.r.l. 100% · Italy · manufacture and supply of coatings and inks
    10. Valspar LLC (Russia) 100% · Russia · manufacture and supply of coatings and inks
    11. Valspar (France) Corporation SAS 100% · France · manufacture and supply of coatings and inks
    12. Inver Polska Sp. z oo 100% · Poland · manufacture and supply of coatings and inks
    13. ICA Iberia Sau 100% · Spain · manufacture and supply of coatings and inks
    14. ICA Deutschland Lacke GmbH 100% · Germany · manufacture and supply of coatings and inks
    15. ICA Pidilite Private Ltd 45% · India · manufacture and supply of coatings and inks
    16. ICA China Co. Ltd 70% · Hong Kong · manufacture and supply of coatings and inks
    17. Zhongshan ICA Trading Co. Ltd 100% · China · manufacture and supply of coatings and inks
    18. ICA Polska Sp. z o.o. 100% · Poland · manufacture and supply of coatings and inks
    19. ICA Radomsko Sp. Zoo 52.5% · Poland · manufacture and supply of coatings and inks
    20. ICA Lodz Sp. Zoo 52.5% · Poland · manufacture and supply of coatings and inks
    21. ICA Jarocin Sp. Zoo 37.5% · Poland · manufacture and supply of coatings and inks
    22. Inver France SAS 100% · France · manufacture and supply of coatings and inks
    23. The Valspar Research Corporation SAS 100% · France · manufacture and supply of coatings and inks
    24. Sherwin-Williams Poland Sp. z o.o 100% · Poland · manufacture and supply of coatings and inks
    25. Powdertech OU 100% · Estonia · manufacture and supply of coatings and inks
    26. Phoenix Fire Protection (Asia) Ltd. 100% · BVI · manufacture and supply of coatings and inks
    27. Phoenix Fire Technologies (UK) Limited 100% · England and Wales · manufacture and supply of coatings and inks
    28. Inver East Med A.E. 100% · Greece · manufacture and supply of coatings and inks
    29. Isva Vernici S.r.l 100% · Italy · manufacture and supply of coatings and inks
    30. Inver Industrial Coatings Srl 100% · Romania · manufacture and supply of coatings and inks
    31. Valspar D.0.0 Beograd 100% · Serbia · manufacture and supply of coatings and inks
    32. ICA Opole Sp. Zoo 27% · Poland · manufacture and supply of coatings and inks

Significant events

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 PDF
2026-03-13 CH01 officers Change person director company with change date PDF
2025-10-01 AA accounts Accounts with accounts type full PDF
2025-03-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-14 CH01 officers Change person director company with change date PDF
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 PDF
2025-02-07 TM01 officers Termination director company with name termination date PDF
2024-12-23 AA accounts Accounts with accounts type full PDF
2024-05-04 RP04AP01 officers Second filing of director appointment with name PDF
2024-04-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-24 AA accounts Accounts with accounts type full
2023-06-15 TM01 officers Termination director company with name termination date PDF
2023-06-15 AP01 officers Appoint person director company with name date
2023-03-15 CS01 confirmation-statement Confirmation statement with no updates PDF
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

last 12 months

Capital events
2

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

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

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