COREX (WIGAN) LIMITED
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Cash
£1.7k
Latest balance sheet
Net assets
£5.6m
+0.5% highest in 3 filed years
Employees
78
+5.4% highest in 3 filed years
Profit before tax
£207k
-84.8% lowest in 3 filed years
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £15,713,789 | £16,413,973 | £15,406,507 | -6.1% | |
| Operating profit | £1,488,510 | £1,496,226 | £426,847 | -71.5% | |
| Profit before tax | £1,267,587 | £1,358,260 | £206,714 | -84.8% | |
| Net profit | £1,456,402 | £730,069 | £29,813 | -95.9% | |
| Cash | £2,619 | £0 | £1,682 | — | |
| Total assets less current liabilities | £9,874,410 | £10,081,997 | £10,970,506 | +8.8% | |
| Net assets | £4,790,546 | £5,520,615 | £5,550,428 | +0.5% | |
| Equity | £4,790,546 | £5,520,615 | £5,550,428 | +0.5% | |
| Average employees | 70 | 74 | 78 | +5.4% | |
| Wages | £2,455,807 | £2,765,469 | £2,971,639 | +7.5% | |
| Directors' remuneration | £0 | £0 | — | — | |
| Directors' pension contributions | £0 | £0 | — | — | |
| Highest paid director | £0 | £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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 9.5% | 9.1% | 2.8% | |
| Net margin | 9.3% | 4.4% | 0.2% | |
| Return on capital employed | 15.1% | 14.8% | 3.9% | |
| Gearing (liabilities / total assets) | 61.8% | 61.1% | 61.7% | |
| Current ratio | 2.45x | 1.57x | 1.32x | |
| Interest cover | 6.74x | 10.84x | 1.94x |
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 3 times since incorporation
- COREX (WIGAN) LIMITED 2021-07-07 → present
- CORENSO (UK) LIMITED 1997-10-22 → 2021-07-07
- BOARD PACKAGING (UK) LIMITED 1986-07-17 → 1997-10-22
- AUDENFACE LIMITED 1986-04-16 → 1986-07-17
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate. Based on these forecasts and the expected continuation of existing intercompany loan arrangements, the directors are satisfied that the company will have sufficient resources to continue in operational existence for the foreseeable future.”
Group structure
- COREX (WIGAN) LIMITED · parent
- Safe Packaging Ltd 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DE MEYER, Geert | Director | 2019-07-19 | Aug 1963 | Belgian |
| GUMLEY, Kelly Margaret | Director | 2024-04-01 | Jun 1976 | British |
| ZENNER, Denis Jean | Director | 2019-07-19 | Apr 1976 | Belgian |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARR, James Ford | Secretary | 2009-07-01 | 2013-11-01 |
| GLOVER, David Barrie | Secretary | 1997-10-01 | 1999-08-12 |
| KHAWAJA, Saqib | Secretary | 2019-12-16 | 2023-04-27 |
| TICK, Aubrey Edward | Secretary | 1999-08-12 | 2009-06-30 |
| VALIKANGAS, Ville Valtteri | Secretary | 2013-11-01 | 2014-12-01 |
| WEDDERBURN, William Henry | Secretary | — | 1997-10-01 |
| A G SECRETARIAL LIMITED | Corporate Secretary | 2017-05-15 | 2025-09-15 |
| JORDAN COMPANY SECRETARIES LIMITED | Corporate Secretary | 2014-12-01 | 2017-05-15 |
| ANTTI, Sampo Edward | Director | 2009-10-27 | 2019-07-19 |
| BARR, James Ford | Director | 2009-07-01 | 2014-12-01 |
| BRAIDEN, Philip Brian | Director | 2016-02-12 | 2019-11-30 |
| GIBSON, Stuart Leslie | Director | 1997-10-01 | 2002-03-11 |
| GLOVER, David Barrie | Director | 1997-10-01 | 1999-08-12 |
| HELMINEN, Jaakko Tapio | Director | 2013-09-23 | 2019-07-19 |
| HONKANEN, Jari Kalevi | Director | 1998-05-11 | 2002-03-11 |
| LARSSON, Bengt | Director | 2002-11-05 | 2009-10-27 |
| LEAK, James Robert | Director | — | 1997-10-01 |
| MAKELA, Esa Jukka | Director | 1997-10-01 | 2009-10-27 |
| NIGHTINGALE, Gaynor Elizabeth | Director | 2014-12-01 | 2018-09-21 |
| NIJLAND, Johan | Director | 2009-10-27 | 2016-02-12 |
| POULENARD, Marc Henri | Director | 2009-06-18 | 2011-07-31 |
| REEVES, John Edward | Director | 2001-04-26 | 2009-10-06 |
| SCHOTTEN, Martin | Director | 2005-04-14 | 2009-10-27 |
| SUURSALMI, Pekka Juhani | Director | 2002-11-05 | 2009-10-27 |
| TAHVANAINEN, Veli-Matti | Director | — | 1997-10-01 |
| TICK, Aubrey Edward | Director | 1999-08-12 | 2009-06-30 |
| TUOMINEN, Tapio | Director | — | 1997-10-01 |
| VOUTILAINEN, Olli | Director | — | 2007-02-12 |
| WEDDERBURN, William Henry | Director | — | 1997-10-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Corenso Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 214 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-05-27 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-06 | AA | accounts | Accounts with accounts type full | |
| 2026-05-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-26 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-01 | AA | accounts | Accounts with accounts type full | |
| 2025-04-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-22 | AA | accounts | Accounts with accounts type full | |
| 2024-05-13 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-22 | AA | accounts | Accounts with accounts type full | |
| 2023-05-30 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2023-05-27 | RESOLUTIONS | resolution | Resolution | |
| 2023-05-24 | SH01 | capital | Capital allotment shares | |
| 2023-04-27 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-04 | AA | accounts | Accounts with accounts type full | |
| 2021-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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.