VG MSO LTD
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Cash
£784K
-83.4% lowest in 3 filed years
Net assets
£5.6M
+8.7% highest in 3 filed years
Employees
162
+1.3% vs 2023
Profit before tax
£533K
-46.9% lowest in 3 filed years
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
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £22,526,086 | £21,471,640 | £20,901,818 | -2.7% | |
| Operating profit | £1,824,562 | £1,350,509 | £763,109 | -43.5% | |
| Profit before tax | £1,389,585 | £1,003,347 | £532,687 | -46.9% | |
| Net profit | £1,189,645 | £854,113 | £447,608 | -47.6% | |
| Cash | £3,248,730 | £4,715,608 | £784,020 | -83.4% | |
| Total assets less current liabilities | £9,063,330 | £8,779,094 | £8,091,495 | -7.8% | |
| Net assets | £4,300,835 | £5,154,948 | £5,602,556 | +8.7% | |
| Equity | £4,300,835 | £5,154,948 | £5,602,556 | +8.7% | |
| Average employees | 165 | 160 | 162 | +1.3% | |
| Wages | £5,044,402 | £5,055,763 | £5,627,895 | +11.3% | |
| Directors' remuneration | £208,073 | £228,454 | £223,311 | -2.3% |
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 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | 8.1% | 6.3% | 3.7% | |
| Net margin | 5.3% | 4.0% | 2.1% | |
| Return on capital employed | 20.1% | 15.4% | 9.4% | |
| Gearing (liabilities / total assets) | — | 69.3% | 58.7% | |
| Current ratio | — | 1.34x | 1.50x | |
| Interest cover | 4.17x | 3.88x | 2.98x |
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 — the current trading name was adopted 2025-04-14
- VG MSO LTD 2025-04-14 → present
- MSO CLELAND LIMITED 2000-08-07 → 2025-04-14
- M.S.O. LIMITED 2000-01-01 → 2000-08-07
- MCCAW STEVENSON & ORR (PRINTERS) LIMITED 1982-03-30 → 2000-01-01
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- AAB Group Accountants Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Significant events
- “As identified in last year's Strategic Report the Cartoncare Group was fully acquired by Van Genechten Packaging (VGP) in November 2023.”
- “On 14 April 2024, the company changed its name from MSO Cleland Limited to VG MSO Ltd.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CALIXTO, Joanna Ruth | Director | 2017-01-09 | Mar 1982 | British,Irish |
| CALIXTO GORTAREZ, Jose Guadalupe | Director | 2018-08-28 | Dec 1973 | Mexican |
| GILPIN, Glenda | Director | 2016-06-01 | Sep 1969 | British |
| GORIS, Danny | Director | 2023-11-24 | Apr 1970 | Belgian |
| OHLE, Frank, Prof. Dr. | Director | 2023-11-24 | May 1962 | German |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SEYMOUR, David | Secretary | 2013-10-31 | 2016-04-26 |
| SHEARER, Karen | Secretary | 1982-03-30 | 2007-01-19 |
| WALSH, Dominic Gerard | Secretary | 2007-01-19 | 2013-10-31 |
| ALLARD, Tyrone James | Director | 2012-02-24 | 2017-06-20 |
| BAILIE, Robert Ernest | Director | 2012-02-24 | 2013-08-21 |
| BAILIE, Robert Ernest | Director | 2002-10-18 | 2006-06-06 |
| BRANAGH, Noel Dennis | Director | 2001-11-30 | 2010-03-31 |
| CHALMERS, Ralph Wilson | Director | 2012-02-24 | 2023-11-24 |
| CHRISTIE, Scott Hunter, Me | Director | 2007-01-19 | 2011-12-01 |
| DOUGAN, Michael | Director | 1982-03-30 | 2005-01-31 |
| EDWARDS, Ian | Director | 2008-04-01 | 2012-01-09 |
| GILLIES, Donald | Director | 2012-02-24 | 2012-02-24 |
| HOOD, Phillip Michael | Director | 1982-03-30 | 2003-10-30 |
| LINDSAY, Kenneth George | Director | 1982-03-30 | 2002-10-18 |
| LYNDSAY, Ken | Director | 2013-08-21 | 2019-02-16 |
| MCCONNELL, Mark | Director | 2007-11-22 | 2012-01-09 |
| MCNEILL, Jeffrey Bruce | Director | 2015-10-29 | 2023-09-28 |
| MILLIKEN, Alan Stuart | Director | 2005-05-01 | 2010-03-31 |
| MURPHY, Nigel | Director | 2012-07-01 | 2017-05-05 |
| MURPHY, Nigel | Director | 2007-12-04 | 2012-01-09 |
| MURRAY, Alexander Wallace | Director | 2002-12-05 | 2006-06-06 |
| O'DONNELL, Keith | Director | 2007-01-19 | 2009-03-31 |
| SEYMOUR, David H. | Director | 2008-09-01 | 2016-04-26 |
| SHEARER, Karen Anne | Director | 2001-11-30 | 2007-01-19 |
| STAMP, Patrick | Director | 2017-04-03 | 2018-06-11 |
| STEWART, William Robert Barry | Director | 1982-03-30 | 2000-06-06 |
| WALSH, Dominic Gerard | Director | 1982-03-30 | 2013-10-31 |
| WEATHERUP, John William | Director | 2001-02-26 | 2001-08-31 |
| YATES, Peter | Director | 2001-08-31 | 2002-10-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Vg Cartoncare Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-12-15 | Active |
| Mso Group Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2025-12-15 |
| Mr Ralph Wilson Chalmers | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 275 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-04-14 CERTNM Certificate change of name company PDF
- 2023-11-08 MA Memorandum articles
- 2023-11-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-11 | CH01 | officers | Change person director company with change date | |
| 2026-02-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-12 | AA | accounts | Accounts with accounts type full | |
| 2025-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-14 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-09-11 | AA | accounts | Accounts with accounts type full | |
| 2024-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-27 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-27 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-08 | MA | incorporation | Memorandum articles | |
| 2023-11-08 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-11 | AA | accounts | Accounts with accounts type full | |
| 2023-10-10 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-04-17 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2023-04-11 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2023-03-30 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.