VP PLC
Formerly known as Vibroplant, this London-listed group provides specialist equipment rental and support services to the infrastructure, construction, housebuilding, and energy markets.
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Cash
£4.5m
+122.5% vs 2025
Net assets
£131m
-12.8% lowest in 3 filed years
Employees
2,866
-3% lowest in 3 filed years
Profit before tax
-£7m
-132.4% lowest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £368,691,000 | £379,957,000 | £358,275,000 | -5.7% | |
| Operating profit | £12,481,000 | £32,038,000 | £3,193,000 | -90% | |
| Profit before tax | £2,846,000 | £21,720,000 | -£7,046,000 | -132.4% | |
| Net profit | -£5,291,000 | £14,445,000 | -£5,431,000 | -137.6% | |
| Cash | £24,527,000 | £2,019,000 | £4,493,000 | +122.5% | |
| Total assets less current liabilities | £350,418,000 | £350,659,000 | £288,623,000 | -17.7% | |
| Net assets | £153,020,000 | £150,398,000 | £131,118,000 | -12.8% | |
| Equity | £153,020,000 | £150,398,000 | £131,118,000 | -12.8% | |
| Average employees | 2,894 | 2,955 | 2,866 | -3% | |
| Wages | £112,480,000 | £119,097,000 | £121,930,000 | +2.4% | |
| Directors' remuneration | £1,308,000 | £1,366,000 | £1,487,000 | +8.9% | |
| Directors' pension contributions | £145,000 | £116,000 | £120,000 | +3.4% | |
| Highest paid director | £533,000 | £518,000 | £518,000 | 0% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 3.4% | 8.4% | 0.9% | |
| Net margin | -1.4% | 3.8% | -1.5% | |
| Return on capital employed | 3.6% | 9.1% | 1.1% | |
| Gearing (liabilities / total assets) | 66.6% | 68.2% | 71.1% | |
| Current ratio | 1.04x | 0.83x | 0.49x | |
| Interest cover | 1.29x | 3.07x | 0.31x |
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.
Name history
Renamed 2 times since incorporation
- VP PLC 2001-03-29 → present
- VIBROPLANT P L C 1981-12-31 → 2001-03-29
- VIBROPLANT HOLDINGS LIMITED 1950-05-05 → 1981-12-31
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors confirm that the Group can continue in operation and meet its liabilities as they fall due over a period of two years from 1 April 2026, which forms the basis for the preparation of the financial statements.”
Group structure
- VP PLC · parent
- Torrent Trackside Limited 100%
- Hire Station Limited 100%
- Airpac Rentals Pte Limited 100%
- Airpac Bukom Oilfield Services Middle East FZE 100%
- Airpac Rentals (Australia) Pty Limited 100%
- Airpac Rentals Holdings Limited 100%
- Airpac Rentals UK Limited 100%
- Vp GmbH 100%
- Vp Equipment Rental (Ireland) Limited 100%
- Vp Rental Holdings Limited 100%
- Vp Pty Limited 100%
- Vp Rental Limited 100%
- TR TechRentals Pte Ltd 100%
- TR TechRentals Pte Ltd 100%
- Vidcom New Zealand Limited 100%
- Charleville Hire and Platform Limited 90%
Significant events
- “During the year, the Group completed the acquisition of CPH and a number of minor disposals.”
- “In addition, restructuring costs and impairments to property, plant and equipment, including certain right-of-use assets, and an exceptional provision have been recognised.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JONES, Sarah Elizabeth | Secretary | 2023-09-19 | — | — |
| BOTTOMLEY, Mark | Director | 2023-01-03 | Oct 1963 | British |
| PILKINGTON, Jeremy Frederic George | Director | — | Mar 1951 | British |
| SMITH, Richard | Director | 2025-02-01 | Apr 1974 | English |
| WATSON, Stuart William | Director | 2023-01-03 | Mar 1961 | British |
| WINSTANLEY, Keith John | Director | 2024-01-01 | Oct 1982 | British |
| WOODWARK, Alice Elizabeth | Director | 2026-02-02 | Nov 1977 | British |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAINBRIDGE, Allison Margaret | Secretary | 2011-03-01 | 2023-01-19 |
| BIELBY, Anna Catherine | Secretary | 2023-01-19 | 2023-09-19 |
| HOLT, Michael John | Secretary | 2004-07-05 | 2010-11-19 |
| MINCHELLA, Peter Damian | Secretary | — | 1994-02-17 |
| STOTHARD, Neil Andrew | Secretary | 2010-11-19 | 2011-03-01 |
| STOTHARD, Neil Andrew | Secretary | 1997-07-29 | 2004-07-05 |
| SWARBRICK, Rodney Victor | Secretary | 1997-05-31 | 1997-07-29 |
| SWARBRICK, Rodney Victor | Secretary | 1995-02-17 | 1995-03-20 |
| WOOLLEY, Eric Ryhs | Secretary | 1995-03-20 | 1997-05-31 |
| BAINBRIDGE, Allison Margaret | Director | 2011-03-01 | 2023-01-01 |
| BAINBRIDGE, Allison Margaret | Director | 2011-03-01 | 2011-03-01 |
| BIELBY, Anna Catherine | Director | 2023-01-01 | 2026-02-02 |
| COTTINGHAM, Barrie | Director | 1996-03-01 | 2009-09-08 |
| DODD, Ian James | Director | — | 1993-05-17 |
| DOUGHTY, Stuart John | Director | 1996-06-10 | 2000-01-04 |
| HEWITT, Ronald James | Director | 1994-09-12 | 1996-02-22 |
| HOLT, Michael John | Director | 2004-07-05 | 2010-11-19 |
| MAWDSLEY, Jack | Director | 1994-06-22 | 1996-04-01 |
| PARKIN, Peter Wheeldon | Director | 2000-01-04 | 2013-07-23 |
| PARTRIDGE, Neil Russell | Director | — | 1995-03-13 |
| PILKINGTON, Margaret Alice | Director | — | 1996-10-11 |
| ROGERS, Stephen | Director | 2008-10-01 | 2023-01-01 |
| STOTHARD, Neil Andrew | Director | 1997-07-07 | 2023-09-30 |
| SWARBRICK, Rodney Victor | Director | 1993-04-05 | 1995-03-20 |
| SWARBRICK, Rodney Victor | Director | — | 1997-07-29 |
| WHITE, John Granville, Dr | Director | — | 1995-12-31 |
| WHITE, Philip Michael | Director | 2013-04-15 | 2025-06-30 |
| WOOLLEY, Eric Ryhs | Director | 1995-03-20 | 1997-05-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 338 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-08-07 RESOLUTIONS Resolution
- 2025-08-01 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-04 | AP01 | officers | Appoint person director company with name date | |
| 2026-09-04 | TM01 | officers | Termination director company with name termination date | |
| 2026-09-04 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-07 | AA | accounts | Accounts with accounts type group | |
| 2026-08-07 | RESOLUTIONS | resolution | Resolution | |
| 2026-07-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-07-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-06-01 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-02-04 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-29 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-11-20 | CH01 | officers | Change person director company with change date | |
| 2025-08-01 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-01 | AA | accounts | Accounts with accounts type group | |
| 2025-06-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-23 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 14
- Capital events
- 0
- 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.