TRIMITE TOP CO LIMITED
Get an alert when TRIMITE TOP CO LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-03 (in 8mo)
Last made up 2025-12-20
Watchouts
Cash
£96K
-86.3% vs 2024
Net assets
-£9M
+21.8% vs 2024
Employees
82
+1.2% vs 2024
Profit before tax
£2M
+168.4% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
7-year trend · vs Basic Materials median
Accounts
7-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £14,520,323 | £13,275,822 | |
| Operating profit | — | — | — | — | — | -£773,659 | -£609,375 | |
| Profit before tax | — | — | — | — | — | -£3,064,606 | £2,096,775 | |
| Net profit | — | — | — | — | — | -£3,064,606 | £2,075,394 | |
| Cash | — | — | — | £941 | £1,970 | £699,644 | £95,925 | |
| Total assets less current liabilities | — | — | — | £3,155,346 | £2,882,251 | -£11,818,142 | -£8,988,625 | |
| Net assets | — | — | — | — | — | -£11,818,142 | -£9,241,042 | |
| Equity | £547,638 | £1,547,638 | £3,368,594 | £3,155,346 | £2,882,251 | -£11,818,142 | -£9,241,042 | |
| Average employees | — | — | — | 102 | 88 | 81 | 82 | |
| Wages | — | — | — | — | — | £3,306,512 | £3,035,403 | |
| Directors' remuneration | — | — | — | — | — | £346,009 | £194,650 |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-8.6%
£14,520,323 £13,275,822
-
Cash
-86.3%
£699,644 £95,925
-
Net assets
+21.8%
-£11,818,142 -£9,241,042
-
Employees
+1.2%
81 82
-
Operating profit
+21.2%
-£773,659 -£609,375
-
Profit before tax
+168.4%
-£3,064,606 £2,096,775
-
Wages
-8.2%
£3,306,512 £3,035,403
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 | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | -5.3% | -4.6% | |
| Net margin | — | — | — | — | — | -21.1% | 15.6% | |
| Return on capital employed | — | — | — | — | — | 6.5% | 6.8% | |
| Current ratio | — | — | — | — | — | 0.32x | 0.33x | |
| Interest cover | — | — | — | — | — | -0.34x | -0.73x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Ballards LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared detailed cashflow forecasts which extend beyond the year ending 31 March 2026. On this basis the directors consider that the company has sufficient resources to continue operating as a going concern for a period of at least twelve months from the date of signing the financial statements. The financial statements have therefore been prepared on a going concern basis.”
Group structure
- TRIMITE TOP CO LIMITED · parent
- Trimite BidCo Limited* 100%
- Trimite Global Coatings Holding Company Group* 100%
- Glixtone Limited* 100%
- Carrs Coatings Limited* 100%
- Trimite Limited* 100%
- Trimite Global Coatings Limited* 100%
- Firwood Paints Limited* 100%
Significant events
- “The business has now relocated all manufacturing and administrative functions to two facilities In Redditch, having closed the Firwood Paints site in Bolton during the previous period. This was a complex exercise which required significant time and cost resources but the long term benefits to be gained from the site rationalisation will strengthen the future performance of the Group.”
- “The second major project recently undertaken was the replacement of several legacy IT systems with a single business wide ERP system. This will enable the Group's leadership team to plan and manage all business activities in a far more efficient manner as well as leading to cost savings in IT and overhead expenses. This project has now been successfully completed with a number of legacy IT systems eliminated.”
- “The consolidated accounts of Trimite Tap Co Limited for the year ended 31 March 2025 shows that the group Incurred a profit before tax of £2.10M (2024: £3.06M Loss). As of that date, the group's current liabilities exceeded the current assets by £11.49M (2024: £14.69M).”
- “On 2 December 2024, the group's primary lender and shareholder, Duke Capital UK Credit Ltd (formerly Duke Royalty (UK) Limited) undertook a debt for equity swap. The agreement resulted in Duke surrendering £500,000 of historic unpaid loan debt in Trimite Bid Co Limited as consideration for the purchase of 500,000 new Ordinary Shares of £1,000 each in Trimite Top Co Limited. As a result of this the group is now controlled by Duke Capital Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HIGGS SECRETARIAL LIMITED | Corporate Secretary | 2023-11-06 | — | — |
| EARLES, Steve | Director | 2026-04-24 | May 1970 | British |
| JOHNSON, Neil Allan | Director | 2019-11-26 | Dec 1969 | Canadian |
| SMITH, Nigel Ernest | Director | 2020-11-20 | Jun 1962 | British |
| THORNHILL, Stephen Paul | Director | 2019-11-26 | Oct 1964 | British |
| WESTWOOD, Thomas Philip | Director | 2023-04-20 | Aug 1993 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOSTOCK, Karl Robert | Director | 2018-08-30 | 2018-12-20 |
| COBB, Martin | Director | 2021-12-10 | 2024-01-29 |
| GAREA, Raymond | Director | 2019-08-13 | 2020-11-04 |
| HARRISON, Sharon | Director | 2021-12-10 | 2022-11-30 |
| KEMBERY, Edward Francis | Director | 2019-08-13 | 2019-10-11 |
| ROBERTS, David Gareth | Director | 2017-11-10 | 2020-11-04 |
| SHIVDASANI, Ajay | Director | 2019-08-13 | 2020-11-20 |
| WESTWOOD, Philip John | Director | 2019-02-12 | 2020-07-09 |
| WHITTLE, Neil Thomas | Director | 2025-01-24 | 2025-09-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| The Trimite Ebt Company Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2020-12-01 | Ceased 2024-12-02 |
| Duke Capital Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-11-18 | Active |
| Duke Royalty Uk Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2020-11-04 | Ceased 2020-11-18 |
| Mrs Jayne Mary Roberts | Individual | Shares 25–50%, Voting 25–50% | 2018-03-02 | Ceased 2020-11-04 |
| Mr David Gareth Roberts | Individual | Shares 50–75%, Voting 50–75% | 2017-11-10 | Ceased 2020-11-04 |
Filing timeline
Last 20 of 92 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-02-26 RESOLUTIONS Resolution
- 2024-12-13 RESOLUTIONS Resolution
- 2024-12-13 RESOLUTIONS Resolution
- 2024-12-13 RESOLUTIONS Resolution
- 2024-12-13 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-24 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-16 | AA01 | accounts | Change account reference date company previous shortened | |
| 2026-01-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-26 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-20 | AA | accounts | Accounts with accounts type group | |
| 2025-04-17 | CH01 | officers | Change person director company with change date | |
| 2025-02-26 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-02-26 | SH20 | capital | Legacy | |
| 2025-02-26 | CAP-SS | insolvency | Legacy | |
| 2025-02-26 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-20 | AA | accounts | Accounts with accounts type group | |
| 2024-12-18 | SH08 | capital | Capital name of class of shares | |
| 2024-12-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-12-13 | SH02 | capital | Capital alter shares consolidation | |
| 2024-12-13 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-13 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-13 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-13 | MA | incorporation | Memorandum articles |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 4
- 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.