WILSONART LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-12 (in 2mo)
Last made up 2025-06-28
Watchouts
None on the register
Cash
£2M
-29.9% vs 2023
Net assets
£38M
-8.4% vs 2023
Employees
128
+3.2% vs 2023
Profit before tax
-£5M
-41.3% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £55,495,000 | £46,157,000 | |
| Operating profit | £169,000 | -£1,430,000 | |
| Profit before tax | -£3,655,000 | -£5,165,000 | |
| Net profit | -£3,217,000 | -£3,470,000 | |
| Cash | £2,613,000 | £1,831,000 | |
| Total assets less current liabilities | £92,311,000 | £88,697,000 | |
| Net assets | £41,138,000 | £37,668,000 | |
| Equity | £41,138,000 | £37,668,000 | |
| Average employees | 124 | 128 | |
| Wages | £7,200,000 | £5,659,000 |
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 | 0.3% | -3.1% | |
| Net margin | -5.8% | -7.5% | |
| Return on capital employed | 0.2% | -1.6% | |
| Current ratio | 0.78x | 0.68x | |
| Interest cover | 0.04x | -0.38x |
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
- Armstrong Watson Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the performance throughout 2024 and 2025, the Directors are confident that the Company has reserves and liquidity well in excess of those necessary to meet any unexpected setbacks in the next 12 months and, for this reason, the Directors continue to adopt the going concern basis of preparation for these financial statements.”
Group structure
- WILSONART LIMITED · parent
- Wilsonart Holdings GmbH 100%
- Polyrey SAS 100%
- Wilsonart Polska Trading sp. z o.o. 100%
- Bushboard Holdings Limited 100%
- Shore Laminates Limited 100%
- Mermaid Panels Limited 100%
Significant events
- “During Q3 of FY2024, Wilsonart Limited experienced an abnormal level of bad debt from one of the Company's large customers totalling £1.889m; including this significant level of bad debt, the Company made an operating loss of £1.430m for the financial year ended 2024.”
- “The Company undertook a restructure of its manufacturing portfolio during 2023 becoming the Group's specialist manufacturer of worktop products within the UK.”
- “During the financial year 2024, exceptional expenses of £200k (2023: £310k) were recognised relating to group restructuring costs. The restructuring costs were associated to the rationalisation and centralisation of production.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELKINS, Christopher John | Director | 2021-03-02 | Apr 1961 | British |
| KING, Frederick Gordon | Director | 2024-03-22 | Dec 1965 | American |
| PEARSON, Alan Timothy | Director | 2014-07-14 | Mar 1969 | British |
| RODGERS, David James | Director | 2022-04-08 | Oct 1970 | American |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUDSON, Giles Matthew | Secretary | 2012-08-23 | 2012-11-01 |
| PEARSON, Alan Timothy | Secretary | 2012-09-18 | 2012-11-01 |
| ROBB, Jeffrey Hugh | Secretary | 2012-09-18 | 2014-01-01 |
| THESING, William Joseph | Secretary | 2014-01-01 | 2023-03-15 |
| BESSELING, Marco Frederikus Martinus | Director | 2019-11-19 | 2021-03-01 |
| HUDSON, Giles Matthew | Director | 2012-08-23 | 2012-11-01 |
| IRMITER, Wayne Francis | Director | 2019-11-19 | 2022-03-14 |
| LEE, Jeffrey Scott | Director | 2014-11-14 | 2019-06-14 |
| LEHMANN, Wolf Uwe | Director | 2014-01-01 | 2014-05-23 |
| O'BRIEN, Timothy John | Director | 2014-01-01 | 2024-03-22 |
| PEARSON, Alan Timothy | Director | 2012-11-01 | 2014-01-01 |
| ROBB, Jeffrey Hugh | Director | 2015-03-13 | 2019-10-18 |
| ROBB, Jeffrey Hugh | Director | 2012-11-01 | 2014-01-01 |
| SPIEGEL, Maryann | Director | 2012-08-23 | 2012-11-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Donald Gogel | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2020-08-17 |
Filing timeline
Last 20 of 73 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | SH01 | capital | Capital allotment shares | |
| 2026-05-12 | SH01 | capital | Capital allotment shares | |
| 2026-05-12 | SH01 | capital | Capital allotment shares | |
| 2026-05-12 | SH01 | capital | Capital allotment shares | |
| 2026-04-28 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-07-09 | CH01 | officers | Change person director company with change date | |
| 2025-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-16 | AA | accounts | Accounts with accounts type full | |
| 2024-10-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-08-29 | AA | accounts | Accounts with accounts type full | |
| 2024-07-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-29 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-09-26 | AA | accounts | Accounts with accounts type full | |
| 2023-07-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-04-11 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-02-03 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2023-01-27 | SH01 | capital | Capital allotment shares | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 4
- 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
-16.8%
£55,495,000 £46,157,000
-
Cash
-29.9%
£2,613,000 £1,831,000
-
Net assets
-8.4%
£41,138,000 £37,668,000
-
Employees
+3.2%
124 128
-
Operating profit
-946.2%
£169,000 -£1,430,000
-
Profit before tax
-41.3%
-£3,655,000 -£5,165,000
-
Wages
-21.4%
£7,200,000 £5,659,000
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