MURASPEC DECORATIVE SOLUTIONS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-16 (in 11mo)
Last made up 2026-04-02
Watchouts
Cash
£967K
+2.3% vs 2023
Net assets
£9M
-0.5% vs 2023
Employees
158
-0.6% vs 2023
Profit before tax
£63K
-89.3% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 4 times since incorporation
- MURASPEC DECORATIVE SOLUTIONS LIMITED 2012-06-15 → present
- OMNOVA WALLCOVERING (UK) LIMITED 1999-10-22 → 2012-06-15
- GENCORP WALLCOVERING (UK) LIMITED 1998-08-14 → 1999-10-22
- GENCORP GLOBAL COMMERCIAL WALLCOVERING (UK) LIMITED 1998-06-16 → 1998-08-14
- ASPECTCOPY LIMITED 1998-05-14 → 1998-06-16
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 | £23,705,000 | £21,399,000 | |
| Operating profit | £779,000 | £268,000 | |
| Profit before tax | £587,000 | £63,000 | |
| Net profit | £471,000 | -£128,000 | |
| Cash | £945,000 | £967,000 | |
| Total assets less current liabilities | £10,288,000 | £9,841,000 | |
| Net assets | £9,371,000 | £9,328,000 | |
| Equity | £9,371,000 | £9,328,000 | |
| Average employees | 159 | 158 | |
| Wages | £5,315,000 | £5,702,000 |
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 | 3.3% | 1.3% | |
| Net margin | 2.0% | -0.6% | |
| Return on capital employed | 7.6% | 2.7% | |
| Current ratio | 2.42x | 2.47x | |
| Interest cover | 4.06x | 1.31x |
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
- Consolidated group
- Auditor
- BK Plus Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors are confident that the group will be able to continue to trade and has the resources available to meet its liabilities and marketing plans as and when they fall due for the foreseeable future. The accounts have therefore been prepared on a going concern basis.”
Group structure
- MURASPEC DECORATIVE SOLUTIONS LIMITED · parent
- Muraspec SA RL 100%
- Muraspec Sp. z o.o. 100%
- Muraspec Decorative General Trading LLC 100%
Significant events
- “On 11 July 2025, 100% of the ownership of the company was transferred to an Employee Ownership Trust "EOT". The "EOT" was established for the long-term benefit of all of the Group's employees.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LUKE, Stephen | Secretary | 2013-06-14 | — | — |
| LUKE, Stephen | Director | 2025-07-17 | Nov 1961 | British |
| RASHID, Tariq | Director | 2000-05-22 | Nov 1958 | British |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DYE, Edward | Secretary | 1998-07-02 | 1999-09-30 |
| HUBBARD, Rachel Elizabeth, Bsc Soc | Secretary | 1998-06-17 | 1998-07-15 |
| RASHID, Tariq | Secretary | 2000-05-22 | 2013-06-14 |
| SLACK, Cynthia Alexandra | Secretary | 1999-09-30 | 2000-05-22 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1998-05-14 | 1998-06-17 |
| AMIRI, Said Amin | Director | 2012-03-06 | 2025-07-11 |
| BYRNE, Kevin | Director | 1998-07-02 | 2001-08-24 |
| COSTELLO, Mark | Director | 2004-09-01 | 2012-03-06 |
| FULLER, Charles Robert Saunders | Director | 1998-06-17 | 1998-07-02 |
| HUBBARD, Rachel Elizabeth, Bsc Soc | Director | 1998-06-17 | 1998-07-02 |
| LEMAY, James | Director | 1998-07-02 | 2012-03-06 |
| MASS, Nathaniel | Director | 1998-07-02 | 2000-04-01 |
| MCMULLEN, Kevin | Director | 1998-07-02 | 2012-03-06 |
| PHILLIPS, William | Director | 1998-07-02 | 1999-09-30 |
| SCOULLER, James | Director | 2000-01-31 | 2004-08-31 |
| YASINSKY, John | Director | 1998-07-02 | 2000-09-01 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1998-05-14 | 1998-06-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Muraspec Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-07-11 | Active |
| Mr Said Amin Amiri | Individual | Shares 75–100% | 2024-08-30 | Ceased 2025-07-11 |
| Mr Tariq Rashid | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2016-06-15 | Ceased 2025-07-11 |
Filing timeline
Last 20 of 143 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-11-12 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-13 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-11-12 | CAP-SS | insolvency | Legacy | |
| 2025-11-12 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-10-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-10-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-24 | AA | accounts | Accounts with accounts type group | |
| 2025-07-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-21 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-06 | AA | accounts | Accounts with accounts type group | |
| 2024-08-30 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-09-05 | AA | accounts | Accounts with accounts type group | |
| 2023-04-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-03 | AA | accounts | Accounts with accounts type group | |
| 2022-04-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-29 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 1
- Officers appointed
- 1
- 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
-9.7%
£23,705,000 £21,399,000
-
Cash
+2.3%
£945,000 £967,000
-
Net assets
-0.5%
£9,371,000 £9,328,000
-
Employees
-0.6%
159 158
-
Operating profit
-65.6%
£779,000 £268,000
-
Profit before tax
-89.3%
£587,000 £63,000
-
Wages
+7.3%
£5,315,000 £5,702,000
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