VIL LTD
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Next accounts due
2027-09-30 (in 1y)
Last filed for 2025-12-31
Confirmation statement due
2027-05-12 (in 1y)
Last made up 2026-04-28
Watchouts
Cash
£20M
USD 27,240,000
-6.4% vs 2024
Net assets
£174M
USD 233,111,000
+9.9% vs 2024
Employees
2,448
-8.3% vs 2024
Profit before tax
£11M
USD 14,691,000
-0.2% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Turnover | £335,414,517 | £328,267,923 | |
| Operating profit | £13,099,350 | £14,415,041 | |
| Profit before tax | £11,003,962 | £10,982,283 | |
| Net profit | £7,517,381 | £8,727,667 | |
| Cash | £21,745,533 | £20,363,310 | |
| Total assets less current liabilities | £184,056,963 | £198,307,543 | |
| Net assets | £158,573,671 | £174,262,540 | |
| Equity | £158,573,671 | £174,262,540 | |
| Average employees | 2,669 | 2,448 | |
| Wages | £87,426,927 | £80,990,506 | |
| Directors' remuneration | £134,559 | £134,559 |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-12-31 vs 2024-12-31
-
Turnover
-2.1%
£335,414,517 £328,267,923
-
Cash
-6.4%
£21,745,533 £20,363,310
-
Net assets
+9.9%
£158,573,671 £174,262,540
-
Employees
-8.3%
2,669 2,448
-
Operating profit
+10%
£13,099,350 £14,415,041
-
Profit before tax
-0.2%
£11,003,962 £10,982,283
-
Wages
-7.4%
£87,426,927 £80,990,506
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 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 3.9% | 4.4% | |
| Net margin | 2.2% | 2.7% | |
| Return on capital employed | 7.1% | 7.3% | |
| Gearing (liabilities / total assets) | 34.4% | 32.8% | |
| Current ratio | 2.38x | 2.46x | |
| Interest cover | 4.84x | 3.76x |
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
- VIL LTD 2016-09-21 → present
- VELCRO INDUSTRIES LIMITED 2015-04-28 → 2016-09-21
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors therefore have made an informed judgement at the time of approving the financial statements, that there is a reasonable expectation that the Group and Company has adequate resources to continue in operational existence for the foreseeable future. As a result, the Directors have adopted the going concern basis of accounting in the preparation of the annual financial statements.”
Group structure
- VIL LTD · parent
- Velcro Belgium NV 100%
- Velcro Poland Sp. zo.o 100%
- Velcro Australia Pty. Limited 100%
- Velcro Brasil Importação, Exportação e Comércio de Sistemas de Fixação Ltda. 100%
- Velcro Canada Inc. 100%
- Velcro (China) Fastening Systems Company Limited 100%
- Velcro Europe, S.A. 100%
- Velcro GmbH 100%
- Velcro Holdings B.V. 100%
- Velcro Holdings Belgium BV 100%
- Velcro Hong Kong Limited 100%
- Velcro, Inc. 100%
- Velcroindustrial del Uruguay S.A. 100%
- Velcro Industries France S.A.S. 100%
- Velcro Italia S.R.L 100%
- Velcro Limited 100%
- Velcro de Mexico, S.A. de C.V. 100%
- Velcromex, S.A. de C.V. 100%
- Velcro USA Inc. 100%
- Velcro IP Holdings LLC 100%
- Velcro Vietnam Company Limited 100%
- Velcro Netherlands B.V. 100%
- Velcro Argentina S.A. 100%
Significant events
- “In November 2025, the Company announced its next phase of manufacturing facilities consolidation plan with major impact on Manchester, New Hampshire, United States facilities.”
- “On February 8, 2023, the Group announced a restructuring plan to take further measures to reduce costs and enhance the Group's long-term competitive position to meet the needs of our customers. The plan is to consolidate certain manufacturing facilities in order to eliminate excess capacity and under-utilised assets across the Group's global manufacturing footprint.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 13 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAMPEAU, Sophie | Director | 2016-02-25 | Jul 1976 | Canadian |
| CRIPPS, Thomas James Denny | Director | 2016-02-25 | Aug 1979 | American |
| LUCAS, Benjamin Daniel John | Director | 2016-02-25 | Jan 1973 | British |
| PELLETIER, Peter Albert | Director | 2016-02-25 | Mar 1947 | American |
| TENNENT, Amy Louise | Director | 2016-02-25 | Aug 1977 | Australian |
Show 13 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEAVEN, Colin Robert | Director | 2016-02-25 | 2018-05-30 |
| BOX, Roger David | Director | 2016-02-25 | 2022-08-18 |
| CAMERON, Fraser Keith | Director | 2015-04-28 | 2016-02-25 |
| CRIPPS, Robert Winston Humphrey | Director | 2016-02-25 | 2018-11-16 |
| DE HOLLANDER, Wilhelmus | Director | 2016-02-25 | 2018-11-16 |
| FRANCIS, Thomas Trevor, Dr | Director | 2021-07-01 | 2026-04-01 |
| MALCOLM, Jeffery Michael | Director | 2019-02-21 | 2026-04-01 |
| SLOAN, Randall Eugene | Director | 2021-07-01 | 2026-04-01 |
| SMITH, Jonathan Philip | Director | 2015-04-28 | 2016-02-25 |
| STEYAERT, Gil Andre Charles Rene | Director | 2023-01-01 | 2026-04-01 |
| STEYAERT, Gil Andre Charles Rene | Director | 2021-02-23 | 2022-08-07 |
| STOL, Klaas Jan | Director | 2015-04-28 | 2016-02-25 |
| VAN DAM, Willemien Louise Frederique | Director | 2015-04-28 | 2016-02-25 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 67 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-27 | AA | accounts | Accounts with accounts type group | |
| 2025-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-24 | AA | accounts | Accounts with accounts type group | |
| 2024-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-04-05 | AA | accounts | Accounts with accounts type group | |
| 2024-03-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-03-11 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-05-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-23 | AA | accounts | Accounts with accounts type group | |
| 2023-01-03 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-18 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-13 | TM01 | officers | Termination director company with name termination date | |
| 2022-04-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-01 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 4
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.