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Cash

—

Latest balance sheet

Net assets

£1.7m

-20.8% lowest in 3 filed years

Employees

11

-35.3% lowest in 3 filed years

Profit before tax

-£621k

+31.4% vs 2024

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £6,109,000£6,427,000£5,268,000 -18%
Operating profit -£307,000-£1,059,000-£669,000 +36.8%
Profit before tax -£187,000-£905,000-£621,000 +31.4%
Net profit -£128,000-£649,000-£434,000 +33.1%
Cash ——— —
Total assets less current liabilities £3,193,000£2,518,000£2,153,000 -14.5%
Net assets £2,741,000£2,091,000£1,657,000 -20.8%
Equity £2,741,000£2,091,000£1,657,000 -20.8%
Average employees 171711 -35.3%
Wages £784,000£987,000£914,000 -7.4%
Directors' remuneration £74,000£136,000£171,000 +25.7%
Directors' pension contributions £23,000£8,000£12,000 +50%

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 2023-12-312024-12-312025-12-31
Operating margin -5.0%-16.5%-12.7%
Net margin -2.1%-10.1%-8.2%
Return on capital employed -9.6%-42.1%-31.1%
Gearing (liabilities / total assets) 60.3%60.4%50.6%
Current ratio 1.70x——
Interest cover -17.06x-52.95x-39.35x

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

  1. AKZO NOBEL INDUSTRIAL COATINGS LIMITED 1994-09-01 → present
  2. NOBEL COATINGS LIMITED 1993-02-03 → 1994-09-01
  3. CASCO NOBEL INDUSTRIAL COATINGS LIMITED 1991-12-20 → 1993-02-03
  4. OVAL (760) LIMITED 1991-09-24 → 1991-12-20

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“As a result of the Company's performance and financial position the directors do not consider there to be any material uncertainty relating to the Company's ability to continue as a going concern and have prepared the financial statements on a going concern basis.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 30 resigned

Name Role Appointed Born Nationality
CATTERICK, Antony Director 2024-03-22 Dec 1973 British
JOHNSON, Ray Director 2020-04-17 Mar 1963 British
LOWDON, Christopher Director 2025-11-21 Jan 1981 British
Show 30 resigned officers
Name Role Appointed Resigned
BIRT, Timothy David Secretary — 1993-04-30
CARTER, Lynette Jean Cherryl Secretary 2017-05-04 2018-05-31
ENNIS, Karen Ann Secretary 2003-12-01 2008-11-01
HARWOOD, Keith Anthony Reginald Secretary 1993-04-30 1996-10-31
LAMBERT, Roy Jefferson Secretary — 1993-04-30
MCLOUGHLIN, Michael James Secretary 1996-11-01 2003-12-01
O.H. SECRETARIAT LIMITED Corporate Secretary 2008-11-01 2017-05-04
BOLAND, John Wallace Director — 2012-05-31
BRENNAN, Paul Director 2015-09-23 2019-12-31
ENNIS, Karen Ann Director 2003-03-03 2015-05-29
FAGERSTRÖM, Stefan Director 2013-11-13 2015-06-30
GEERDINK, Vincentius Jeroen Henk Director 1998-01-02 2003-03-03
GROOT, Stefan Director 2012-05-31 2013-11-01
HALL, Alan Director 2018-04-24 2024-12-31
HAMBERT, Carl Peter Director 1992-10-21 1994-09-30
HARWOOD, Keith Anthony Reginald Director — 1996-10-31
HILLS, David Malcolm Director — 1997-05-15
HOTARANU MEIJER, Iulia Director 2024-03-22 2025-10-15
JONSSON, Lars Goran Director — 2003-01-03
KHANDELWAL, Sumit Director 2018-11-29 2024-03-22
LAMBERT, Roy Jefferson Director — 1993-04-30
LEARMAN, Katie Director 2020-04-22 2021-03-23
MILLER, Andrew Stanley Director 2007-09-24 2009-01-09
SHAW, Peter James Director 2003-03-03 2007-07-06
SMALLEY, Michael Director 2015-03-06 2015-05-29
SPRIGG, Nichola Michelle Director 2015-05-29 2018-01-31
THICK, James Director 2015-03-06 2018-09-25
TURNER, David Allan, Mr. Director 2015-03-06 2015-04-27
WESTERGAARD, Susanne Director 2015-05-29 2024-03-22
O.H. DIRECTOR LIMITED Corporate Director 2013-11-13 2015-03-06

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Akzo Nobel Coatings (Bld) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-05-20 Active

Filing timeline

Last 20 of 163 total filings

Date Type Category Description
2026-09-01 TM01 officers Termination director company with name termination date PDF
2026-08-19 AA accounts Accounts with accounts type full
2025-11-25 AP01 officers Appoint person director company with name date PDF
2025-11-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-10-15 TM01 officers Termination director company with name termination date PDF
2025-08-18 AA accounts Accounts with accounts type full
2025-01-03 TM01 officers Termination director company with name termination date PDF
2024-11-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-11-13 AA accounts Accounts with accounts type full
2024-03-28 TM01 officers Termination director company with name termination date PDF
2024-03-26 TM01 officers Termination director company with name termination date PDF
2024-03-26 AP01 officers Appoint person director company with name date PDF
2024-03-26 AP01 officers Appoint person director company with name date PDF
2024-02-27 AA accounts Accounts with accounts type full
2024-01-05 CH01 officers Change person director company with change date PDF
2024-01-05 CH01 officers Change person director company with change date PDF
2023-11-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-11-02 CH01 officers Change person director company with change date PDF
2023-10-19 CH01 officers Change person director company with change date PDF
2023-05-20 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page