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Cash

£10m

+48% highest in 3 filed years

Net assets

£5.6m

+21.1% vs 2024

Employees

20

-20% lowest in 3 filed years

Profit before tax

£1.3m

-26.8% 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 £32,620,000£29,675,000£28,574,000 -3.7%
Operating profit £2,909,000£1,391,000£1,039,000 -25.3%
Profit before tax £3,061,000£1,778,000£1,301,000 -26.8%
Net profit £2,347,000£1,303,000£976,000 -25.1%
Cash £6,631,000£6,742,000£9,980,000 +48%
Total assets less current liabilities £6,749,000£4,617,000
Net assets £6,749,000£4,617,000£5,593,000 +21.1%
Equity £6,749,000£4,617,000£5,593,000 +21.1%
Average employees 312520 -20%
Wages £1,588,000£1,376,000£1,229,000 -10.7%
Directors' remuneration £168,000£169,000£222,000 +31.4%

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 8.9%4.7%3.6%
Net margin 7.2%4.4%3.4%
Return on capital employed 43.1%30.1%
Gearing (liabilities / total assets) 54.5%72.0%
Current ratio 1.83x1.39x1.38x

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 4 times since incorporation

  1. MAPA SPONTEX UK LIMITED 2000-12-29 → present
  2. SPONTEX LIMITED 1990-10-22 → 2000-12-29
  3. SPONTEX HOLDINGS LIMITED 1990-01-15 → 1990-10-22
  4. PRICEL (U.K.) LIMITED 1979-12-31 → 1990-01-15
  5. GHANDIN LIMITED 1978-06-12 → 1979-12-31

Audit & accounting basis

Accounting basis
FRS 102 §1A
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Forecasts of profitability and cash flow have been reviewed by the management of the Company and these support a conclusion that the Company is a going concern. The Company has also received an official letter of support from the Group confirming that it intends to support the Company for at least 12 months after these financial statements are signed.”

Significant events

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

People

2 active · 27 resigned

Name Role Appointed Born Nationality
BECKSTROM, Sean Charles, Mr. Director 2018-02-19 Dec 1967 American
MATTHEWS, Marc Director 2017-04-30 Jan 1979 British
Show 27 resigned officers
Name Role Appointed Resigned
BEALES, Martine Fernande Catherine Secretary 2007-05-14 2009-03-31
BUTTERWORTH, Jonathan Paul Secretary 2009-08-30 2017-04-30
RANDALL, Eric William Secretary 1992-07-31
RUDDOCK, Geoffrey John Secretary 1997-07-07 2007-05-14
SAGOT, Philippe Bertrand Bruno Secretary 2009-03-31 2009-08-30
WANLESS, Barry Secretary 1992-07-31 1992-11-18
WILKINSON, Peter Joseph Secretary 1992-11-18 1997-06-13
BUTTERWORTH, Jonathan Paul Director 2009-08-30 2017-04-30
CAPPS, John Edward Director 2010-07-19 2016-04-18
DAVID, Patrick Alain Director 2010-08-30 2017-04-30
GIBBONS, Robert David Director 2007-02-26 2017-04-30
GIMENO-TERRAZA, Ramon Director 2007-02-26 2010-08-30
KERSHAW, Frederick Director 1997-07-24 2001-11-23
LIMOUZINEAU, Alain Director 1998-07-31
OULTRAM, Kenneth Director 1993-02-11 1995-01-31
PERROT, Eric Emile Noel Director 1998-07-31 2010-05-11
PRESTON, Benjamin Randolph Director 2017-04-30 2017-12-31
RANDALL, Eric William Director 1992-07-31
ROUDOT, Michele Director 2005-02-23
RUDDOCK, Geoffrey John Director 1997-07-07 2007-05-14
SAGOT, Philippe Bertrand Bruno Director 2005-02-23 2010-05-11
SANSONE, Richard Todd Director 2010-07-19 2017-04-30
SHALLCROSS, Ralph William Owen Henry Director 2007-05-31
SINGH, Amitabh Director 2017-04-30 2017-10-31
WANLESS, Barry Director 1997-08-15
WILKINSON, Peter Joseph Director 1992-11-18 1997-06-13
WOOLDRIDGE, David Andrew Director 1992-11-18 1998-09-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Newell Rubbermaid Uk Services Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2019-12-12 Active
Brk Brands Europe Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence (as firm) 2016-06-06 Ceased 2019-12-12

Filing timeline

Last 20 of 159 total filings

Date Type Category Description
2026-08-03 MR04 mortgage Mortgage satisfy charge full PDF
2026-07-11 AA accounts Accounts with accounts type full
2026-02-17 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-12 AA accounts Accounts with accounts type full
2025-08-12 CH01 officers Change person director company with change date PDF
2024-12-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-14 AA accounts Accounts with accounts type full
2024-05-03 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-02-22 AD01 address Change registered office address company with date old address new address PDF
2023-12-18 CS01 confirmation-statement Confirmation statement with updates PDF
2023-09-08 AA accounts Accounts with accounts type full
2022-12-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-09-30 AA accounts Accounts with accounts type full
2021-12-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-09-24 AA accounts Accounts with accounts type full
2021-07-30 AD02 address Change sail address company with old address new address PDF
2020-12-14 CS01 confirmation-statement Confirmation statement with updates PDF
2020-11-03 AA accounts Accounts with accounts type full
2020-01-07 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2020-01-07 PSC07 persons-with-significant-control Cessation of a person with significant control PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
5

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