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Cash

£1.3m

-7.1% lowest in 3 filed years

Net assets

£4.5m

-1% lowest in 3 filed years

Employees

51

0% vs 2024

Profit before tax

£756k

-17.2% lowest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £8,237,238£8,588,943£8,397,383 -2.2%
Operating profit £1,073,984£891,524£738,457 -17.2%
Profit before tax £1,093,377£912,290£755,827 -17.2%
Net profit £837,308£676,683£555,678 -17.9%
Cash £1,371,295£1,366,557£1,269,042 -7.1%
Total assets less current liabilities £4,618,269£4,539,952£4,495,630 -1%
Net assets £4,573,269£4,499,952£4,455,630 -1%
Equity £4,573,269£4,499,952£4,455,630 -1%
Average employees 525151 0%
Wages £1,729,818£1,856,492£1,861,542 +0.3%
Directors' remuneration £165,534£199,220£203,627 +2.2%

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 2023-12-312024-12-312025-12-31
Operating margin 13.0%10.4%8.8%
Net margin 10.2%7.9%6.6%
Return on capital employed 23.3%19.6%16.4%
Gearing (liabilities / total assets) 20.7%22.6%
Current ratio 4.32x4.00x4.59x

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

  1. CHIORINO U.K. LIMITED 1992-05-01 → present
  2. POLYMAX BELTING LIMITED 1975-01-10 → 1992-05-01

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
AAB Audit & Accountancy Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors are of the opinion, based on forecasts prepared, that the Company has adequate working capital to execute its operations over a period of at least the next 12 months from the date of approval of these financial statements, and have made an informed judgement that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 12 resigned

Name Role Appointed Born Nationality
BIGGIN, Philip Secretary 2025-01-08
BIGGIN, Philip Director 2021-04-23 Mar 1974 British
CRAVEN, Nichola Jane Director 2024-03-04 Dec 1975 British
Show 12 resigned officers
Name Role Appointed Resigned
COWLES, Peter Secretary 1998-07-03
JOHNSON, Carl Secretary 2011-03-31 2025-01-06
POLYMAX BELTING LIMITED Corporate Secretary 1998-07-03 2011-03-31
ALBUTT, Anthony Arthur Director 2005-11-30
CAMPLIN, Alan Director 2009-03-27
CHIORINO, Gregorio Director 2023-03-14
CHIORINO, Matteo Director 2019-07-09 2024-03-04
COOPER, David Director 2007-04-18
COWLES, Peter Director 1998-07-03
JOHNSON, Carl Director 2006-04-06 2025-01-06
LONGMAN, Eric Iain Director 2004-04-01 2019-07-31
SMITH, Keith Joshua Director 2006-04-26

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Dr Gregorio Chiorino Individual Shares 25–50% 2016-04-06 Active
Miss Elisa Chiorino Individual Shares 25–50% 2016-04-06 Active
Mr Matteo Chiorino Individual Shares 25–50% 2016-04-06 Active

Filing timeline

Last 20 of 158 total filings

Date Type Category Description
2026-07-12 AA accounts Accounts with accounts type full
2025-12-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-04 AA accounts Accounts with accounts type full PDF
2025-01-09 AP03 officers Appoint person secretary company with name date PDF
2025-01-07 TM01 officers Termination director company with name termination date PDF
2025-01-07 TM02 officers Termination secretary company with name termination date PDF
2024-11-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-30 AA accounts Accounts with accounts type small
2024-03-05 TM01 officers Termination director company with name termination date PDF
2024-03-05 AP01 officers Appoint person director company with name date PDF
2023-11-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-07-27 AA accounts Accounts with accounts type small
2023-07-12 CH01 officers Change person director company with change date PDF
2023-03-15 TM01 officers Termination director company with name termination date PDF
2022-12-07 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-07 MR04 mortgage Mortgage satisfy charge full PDF
2022-07-15 AA accounts Accounts with accounts type small
2021-11-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-07-21 AA accounts Accounts with accounts type small
2021-04-28 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page