RAPALA VMC UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-14 (in 2mo)
Last made up 2025-06-30
Watchouts
None on the register
Cash
£19K
-29.5% lowest in 3 filed years
Net assets
-£388K
+2.6% vs 2023
Employees
57
-1.7% vs 2023
Profit before tax
£10K
+102.2% vs 2023
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | £5,831,050 | £7,720,064 | £8,545,741 | |
| Operating profit | — | — | -£276,956 | £313,398 | |
| Profit before tax | — | — | -£468,111 | £10,438 | |
| Net profit | -£83,728 | £1,675,652 | -£468,111 | £10,438 | |
| Cash | — | £36,209 | £27,264 | £19,232 | |
| Total assets less current liabilities | — | — | -£176,525 | -£293,285 | |
| Net assets | — | £69,917 | -£398,194 | -£387,756 | |
| Equity | — | — | -£398,194 | -£387,756 | |
| Average employees | 57 | 56 | 58 | 57 | |
| Wages | — | — | £1,880,545 | £1,951,495 | |
| Directors' remuneration | — | — | £185,141 | £191,225 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+10.7%
£7,720,064 £8,545,741
highest in 3 filed years
-
Cash
-29.5%
£27,264 £19,232
lowest in 3 filed years
-
Net assets
+2.6%
-£398,194 -£387,756
-
Employees
-1.7%
58 57
-
Operating profit
+213.2%
-£276,956 £313,398
-
Profit before tax
+102.2%
-£468,111 £10,438
-
Wages
+3.8%
£1,880,545 £1,951,495
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | -3.6% | 3.7% | |
| Net margin | — | 28.7% | -6.1% | 0.1% | |
| Return on capital employed | — | — | 156.9% | -106.9% | |
| Gearing (liabilities / total assets) | — | — | 110.2% | 108.8% | |
| Current ratio | — | — | 0.61x | 0.68x | |
| Interest cover | — | — | -0.98x | 1.02x |
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 1 time since incorporation
- RAPALA VMC UK LIMITED 2023-01-13 → present
- DYNAMITE BAITS LIMITED 2001-12-12 → 2023-01-13
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- UHY Hacker Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As at 31 December 2024 net assets overall are £387,756 negative (2023 net assets £398,194 negative). The Company is dependent upon its parent undertaking Rapala VMC Oyj for financial support. A letter of support has been received by the Company from Rapala VMC Oyj for a period of at least 12 months from the date of approving these financial statements ("the review period"). Rapala VMC Oyj ('the Group'). in the opinion of the directors, have adequate financial resources, which are continually monitored by group management. Therefore, after obtaining a letter of support and making enquiries, the directors of the Company believe that the Company has adequate resources to continue in operational existence for the review period. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”
Group structure
- RAPALA VMC UK LIMITED · parent
- Normark UK Sport Ltd 100%
Significant events
- “In 2024 Sales of Baits and Fishing Tackle and Accessories were up 11% on 2023 Sales.”
- “Overall gross margin was 29%, a 3% increase on 2023.”
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 |
|---|---|---|---|---|
| SPENCER, Andrew John | Secretary | 2022-09-01 | — | — |
| HODGES, Daryl | Director | 2021-11-17 | Nov 1970 | British |
| LEINO, Tuomo Ilmari | Director | 2025-10-23 | Sep 1985 | Finnish |
| LENNOX, Duncan George Forrest | Director | 2021-11-17 | Mar 1989 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOND, Catherine | Secretary | 2010-11-15 | 2022-09-01 |
| BOND, Catherine Jane | Secretary | 2007-06-28 | 2010-08-27 |
| HARGREAVES, Matthew Guy Timothy | Secretary | 2001-12-12 | 2010-08-27 |
| HALLMARK SECRETARIES LIMITED | Corporate Nominee Secretary | 2001-12-12 | 2001-12-12 |
| AHO, Olli | Director | 2010-08-27 | 2025-10-23 |
| HARGREAVES, Matthew Guy Timothy | Director | 2001-12-12 | 2010-08-27 |
| KASSLIN, Jorma Johani | Director | 2010-08-27 | 2017-09-22 |
| MAHLAMAKI, Janne Johannes | Director | 2021-11-17 | 2023-06-30 |
| NICOLLE, Jean-Philippe Marie Auguste Robert | Director | 2013-12-20 | 2021-11-17 |
| RISTIMAKI, Jussi | Director | 2010-08-27 | 2010-08-27 |
| RISTIMAKI, Jussi | Director | 2010-08-27 | 2019-09-27 |
| TWIDALE, Marcus Roger | Director | 2017-09-22 | 2021-11-17 |
| TWIDALE, Marcus Roger | Director | 2001-12-12 | 2013-12-31 |
| HALLMARK REGISTRARS LIMITED | Corporate Nominee Director | 2001-12-12 | 2001-12-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rapala Vmc Oyj | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 113 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-01-13 CERTNM Certificate change of name company
- 2023-01-13 CONNOT Change of name notice
- 2023-01-13 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-01 | AA | accounts | Accounts with accounts type full | |
| 2025-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-04 | AA | accounts | Accounts with accounts type full | |
| 2024-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-20 | AA | accounts | Accounts with accounts type full | |
| 2023-07-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-13 | CERTNM | change-of-name | Certificate change of name company | |
| 2023-01-13 | CONNOT | change-of-name | Change of name notice | |
| 2023-01-13 | RESOLUTIONS | resolution | Resolution | |
| 2022-09-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2022-09-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-07-15 | AA | accounts | Accounts with accounts type full | |
| 2022-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-30 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-30 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-30 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-30 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.