SOLINA COATINGS UK LIMITED
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Cash
£1.1M
+178.8% highest in 3 filed years
Net assets
£56M
+8.8% highest in 3 filed years
Employees
265
+10.4% highest in 3 filed years
Profit before tax
£5.5M
-11.7% vs 2024
Net assets
3-year trend · vs Consumer Staples median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £73,555,000 | £74,857,000 | £81,034,000 | +8.3% | |
| Operating profit | £1,955,000 | £3,013,000 | £4,357,000 | +44.6% | |
| Profit before tax | £3,270,000 | £6,180,000 | £5,456,000 | -11.7% | |
| Net profit | £2,591,000 | £5,148,000 | £4,547,000 | -11.7% | |
| Cash | £450,000 | £411,000 | £1,146,000 | +178.8% | |
| Total assets less current liabilities | £49,437,000 | £56,509,000 | — | — | |
| Net assets | £46,233,000 | £51,381,000 | £55,928,000 | +8.8% | |
| Equity | £46,233,000 | £51,381,000 | £55,928,000 | +8.8% | |
| Average employees | 227 | 240 | 265 | +10.4% | |
| Wages | £8,928,000 | £9,484,000 | £10,674,000 | +12.5% | |
| Directors' remuneration | — | £307,000 | £98,000 | -68.1% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 2.7% | 4.0% | 5.4% | |
| Net margin | 3.5% | 6.9% | 5.6% | |
| Return on capital employed | 4.0% | 5.3% | — | |
| Gearing (liabilities / total assets) | 30.3% | 23.2% | 20.7% | |
| Current ratio | 2.47x | 4.08x | 4.81x | |
| Interest cover | 5.12x | 2.59x | 3.87x |
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 2 times since incorporation
- SOLINA COATINGS UK LIMITED 2024-02-07 → present
- BOWMAN INGREDIENTS LIMITED 2019-02-12 → 2024-02-07
- JAS BOWMAN & SONS LIMITED 1923-05-03 → 2019-02-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Management has determined that there is no material uncertainty that casts doubt on the entity's ability to continue as a going concern. The company meets its day-to-day working capital requirements through its operating cash flows and bank facilities. The current economic conditions continue to create uncertainty over (a) the level of demand for the Company's products and (b) uncertainty over the availability ad reliable supply of raw materials.”
Group structure
- SOLINA COATINGS UK LIMITED · parent
- James Bowman & Sons Ltd 100%
- Solina Coatings (Poland) Sp Zoo 100%
- Bowman Ingredients (Thailand) Co., Ltd 60%
- Solina Coatings (South Africa) (Pty) Ltd 50%
Significant events
- “The business acquired an extra 10% stake in Bowman Ingredients Thailand on the 1st of May 2025 increasing its holdings in the business.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARTLEY, Lorraine Alexandra | Secretary | 2026-04-27 | — | — |
| FRANCHETERRE, Antony Xavier | Director | 2020-10-01 | Mar 1970 | French |
| MULLER, Lorraine | Director | 2026-02-20 | May 1979 | British |
| VAN TROYS, Maria Elza Marleen | Director | 2022-02-02 | Oct 1965 | Belgian |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOWMAN, Anthony Guy | Secretary | 2006-04-01 | 2010-05-27 |
| BOWMAN, Anthony Guy | Secretary | 1997-07-08 | 1998-04-02 |
| BOWMAN, Anthony Guy | Secretary | — | 1993-02-01 |
| CULLEN, Frank | Secretary | 1998-04-02 | 2006-03-31 |
| FOX, Sean David | Secretary | 2011-09-08 | 2016-03-31 |
| FRANCIS, Hugh Roy | Secretary | 2016-03-31 | 2016-09-29 |
| MEAKIN, Jane Susan | Secretary | 2010-05-27 | 2011-09-08 |
| MISCAMPBELL, Ian Alexander Francis | Secretary | 1993-02-01 | 1997-06-30 |
| MULLER, Lorraine | Secretary | 2016-09-29 | 2024-08-19 |
| NEWTON, John | Secretary | 2024-08-19 | 2026-04-27 |
| ARROWSMITH, Michael Richard | Director | 2014-12-04 | 2018-09-30 |
| BARTLETT, Tessa Patricia | Director | 2015-01-15 | 2020-10-01 |
| BOWMAN, Anthony Guy | Director | — | 2020-10-01 |
| BOWMAN, Rory Peter | Director | — | 2021-11-30 |
| BROOKS, David Nicholas | Director | 2011-10-05 | 2014-09-19 |
| CAMPBELL, Hugh Mcgregor | Director | — | 2011-10-31 |
| CULLEN, Frank | Director | 1997-11-27 | 2006-03-31 |
| JONES, Adam | Director | 2021-12-01 | 2026-02-20 |
| KNIGHT, Peter Kevin | Director | — | 1993-05-28 |
| LINSELL, Richard Duncan | Director | — | 1999-01-04 |
| MISCAMPBELL, Ian Alexander Francis | Director | 1994-03-01 | 1997-06-30 |
| OSBORNE, David John | Director | 2013-10-02 | 2018-05-21 |
| PELLY, Philippa Margaret | Director | — | 2020-10-01 |
| PRYCE, George Terry | Director | — | 2015-02-05 |
| VAZ, Bertrand Marie | Director | 2020-10-01 | 2022-02-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Solina Coatings Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-03-10 | Active |
| Mr Anthony Guy Bowman | Individual | Shares 25–50% | 2016-06-30 | Ceased 2020-02-03 |
| Mr Rory Peter Bowman | Individual | Shares 25–50% | 2016-05-26 | Ceased 2020-03-10 |
Filing timeline
Last 20 of 198 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-02-07 CERTNM Certificate change of name company
- 2024-02-07 CONNOT Change of name notice
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-09 | AA | accounts | Accounts with accounts type full | |
| 2026-04-29 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-04-29 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-03-30 | CH01 | officers | Change person director company with change date | |
| 2026-03-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-09 | AA | accounts | Accounts with accounts type full | |
| 2024-10-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-08-30 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-08-30 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-07-11 | AA | accounts | Accounts with accounts type full | |
| 2024-02-07 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-02-07 | CONNOT | change-of-name | Change of name notice | |
| 2023-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-07-31 | AA | accounts | Accounts with accounts type full | |
| 2023-01-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2022-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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.