ALIAXIS UK LIMITED
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Cash
£46k
+120.5% highest in 3 filed years
Net assets
£19m
-28.2% lowest in 3 filed years
Employees
315
-40.5% lowest in 3 filed years
Profit before tax
-£8.6m
+47.7% vs 2024
Net assets
3-year trend · vs Basic Materials 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 | £146,762,000 | £116,144,000 | £103,306,000 | -11.1% | |
| Operating profit | -£6,255,000 | -£14,325,000 | -£6,825,000 | +52.4% | |
| Profit before tax | -£6,624,000 | -£16,409,000 | -£8,585,000 | +47.7% | |
| Net profit | -£5,202,000 | -£13,392,000 | -£5,605,000 | +58.1% | |
| Cash | £41,000 | -£224,000 | £46,000 | +120.5% | |
| Total assets less current liabilities | £57,523,000 | £34,024,000 | £26,517,000 | -22.1% | |
| Net assets | £38,933,000 | £26,032,000 | £18,687,000 | -28.2% | |
| Equity | £38,933,000 | £26,032,000 | £18,687,000 | -28.2% | |
| Average employees | 664 | 529 | 315 | -40.5% | |
| Wages | £27,521,000 | £24,082,000 | £16,103,000 | -33.1% | |
| Directors' remuneration | £530,000 | £351,000 | £453,000 | +29.1% | |
| Directors' pension contributions | £14,000 | £15,000 | £23,000 | +53.3% | |
| Highest paid director | £509,000 | £191,000 | £223,000 | +16.8% |
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 | -4.3% | -12.3% | -6.6% | |
| Net margin | -3.5% | -11.5% | -5.4% | |
| Return on capital employed | -10.9% | -42.1% | -25.7% | |
| Gearing (liabilities / total assets) | 67.6% | 76.0% | 82.8% | |
| Current ratio | 1.05x | 0.80x | 0.81x | |
| Interest cover | -33.63x | -5.76x | -3.08x |
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
- ALIAXIS UK LIMITED 2022-07-01 → present
- GLYNWED PIPE SYSTEMS LIMITED 2001-03-01 → 2022-07-01
- VICTAULIC LIMITED 1987-06-02 → 2001-03-01
- VICTAULIC COMPANY PUBLIC LIMITED COMPANY(THE) 1983-04-06 → 1987-06-02
- NEW VICTAULIC COMPANY PUBLIC LIMITED COMPANY(THE) 1983-02-09 → 1983-04-06
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the directors have prepared cash flow forecasts for a period to 31 December 2027 which indicate that, taking account of reasonably plausible downsides on the operations and available financial resources, the Group and Company will have sufficient funds to meet liabilities as they fall due for that period.”
Group structure
- ALIAXIS UK LIMITED · parent
- Glynwed Pipe Systems Limited 100%
Significant events
- “In 2024, the Company announced it was moving out of some building product markets, with production ending before the distribution of these products ceased in 2025.”
- “During 2026, the £50 million facility was extended to be expiring on 31 December 2027.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 53 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ALDRIDGE, Matthew Richard | Secretary | 2026-03-17 | — | — |
| DUGGAN, Paul James | Director | 2019-07-18 | Apr 1977 | British |
| STICKER, Koen Jozef | Director | 2020-03-27 | Jul 1976 | Belgian |
| VAN BYLEN, Peter Maria Jozef | Director | 2024-02-02 | Apr 1981 | Belgian |
| WARNER, Joanna | Director | 2025-04-22 | Mar 1972 | British |
Show 53 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARNOLD, Keith James | Secretary | 2003-05-01 | 2004-12-13 |
| MCNAIR, Ian Charles | Secretary | 2010-12-09 | 2026-03-17 |
| MUSGRAVE, David John Anthony | Secretary | 2001-03-09 | 2003-05-01 |
| PRATT, Edward John | Secretary | 1994-10-31 | 1996-09-30 |
| ROSE, Graham Charles | Secretary | — | 1994-10-31 |
| WHITEHOUSE, Paul Joseph | Secretary | 2004-12-13 | 2010-12-09 |
| NEW SHELDON LIMITED | Corporate Secretary | 1996-09-30 | 2001-03-09 |
| ANDREWS, Mark Glen | Director | 2020-06-26 | 2023-12-31 |
| BEJARANO CASTILLO, Fausto Alberto | Director | 2016-10-14 | 2020-03-24 |
| BENTLEY, Ashley Jacinda | Director | 2012-10-01 | 2017-10-06 |
| BLAKELEY, John Christopher | Director | 1995-09-01 | 1999-12-31 |
| BLANCHARD, Brian Michael | Director | 2010-03-16 | 2013-10-31 |
| CATANZANO, Andrea | Director | 2005-02-15 | 2007-03-05 |
| DAVIES, William Huw | Director | 2013-10-31 | 2017-01-31 |
| DE COURSON DE LA VILLENEUVE, Christophe Pierre | Director | 2015-06-17 | 2015-12-31 |
| DE VOGUE, Michel | Director | 2001-03-09 | 2001-05-29 |
| DECUYPERE, Klaas Daniel | Director | 2015-04-30 | 2025-04-03 |
| DIX, Susan Margaret | Director | 2002-12-10 | 2013-10-31 |
| DOYLE, Bernard | Director | 1995-12-20 | 1996-10-22 |
| DUBOUT, Hubert Gerard Marie Georges | Director | 2001-03-09 | 2005-02-15 |
| ECKERT, Gunnar | Director | 2013-10-31 | 2017-11-30 |
| FORD, Harry | Director | — | 1993-04-24 |
| GISBOURNE, Martin Joseph | Director | 2010-03-16 | 2019-02-09 |
| GUYOT, Philippe Georges | Director | 2015-12-31 | 2017-05-24 |
| HALL, David Graham | Director | 2003-05-01 | 2003-12-31 |
| HERBERT, Philip Andrew | Director | 2010-03-16 | 2012-10-01 |
| JAMES, Stanley Carl | Director | 2018-02-01 | 2020-06-26 |
| LANG, Hugh Montgomerie | Director | 1995-01-04 | 1995-09-01 |
| LAWSON, Kevin Mackay | Director | 2010-03-16 | 2013-10-31 |
| LEACH, Colin David | Director | 2010-03-16 | 2015-04-30 |
| LEGRAND, Richard | Director | — | 1995-12-19 |
| MAZZACANO, Corrado Vittorio | Director | 2005-02-15 | 2015-06-17 |
| MCCOLL, Ian Robert | Director | — | 1993-05-04 |
| MERTENS, Yves Emile | Director | 2001-03-09 | 2005-02-15 |
| MIDY, Frederic Claude | Director | 2013-10-31 | 2016-10-14 |
| MILNE, David Lee | Director | 1995-09-01 | 1996-09-10 |
| MITCHELL, Robert Houston | Director | 2001-03-09 | 2003-05-01 |
| MUSGRAVE, David John Anthony | Director | 2002-12-10 | 2003-05-01 |
| NOIRET, Yves | Director | 2005-02-15 | 2010-03-16 |
| PARKIN, Peter Wheeldon | Director | 1993-07-28 | 1995-09-01 |
| PIERARD, Louis Jean | Director | 2001-03-09 | 2001-05-28 |
| PRATT, Edward John | Director | 1993-05-04 | 1996-09-30 |
| SEDDON, Edward Jeremy | Director | — | 1995-01-04 |
| SINGLETON, John Staniforth | Director | — | 1995-11-01 |
| SMITH, Roger Philip | Director | 2001-03-09 | 2007-09-30 |
| SOLOMON, Deryck Joseph | Director | 1999-05-04 | 2001-03-09 |
| STEWART, David Charles | Director | — | 1995-11-28 |
| VALLE, Giorgio | Director | 2005-02-15 | 2010-03-16 |
| VEARONELLY, Alistair | Director | 2003-05-01 | 2005-02-15 |
| WILSON, Anthony Joseph | Director | 1996-09-10 | 2004-07-31 |
| WINCH, David Clarke Brooke | Director | — | 1995-04-22 |
| AFG NOMINEES LIMITED | Corporate Director | 1999-12-31 | 2001-03-09 |
| GLYNWED OVERSEAS HOLDINGS LIMITED | Corporate Director | 2007-07-02 | 2013-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Aliaxis Holdings Uk Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 346 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-08 | AA | accounts | Accounts with accounts type full | |
| 2026-05-18 | AD02 | address | Change sail address company with old address new address | |
| 2026-05-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-26 | AP03 | officers | Appoint person secretary company with name date | |
| 2026-03-26 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-08-06 | CH01 | officers | Change person director company with change date | |
| 2025-08-06 | CH01 | officers | Change person director company with change date | |
| 2025-08-06 | CH01 | officers | Change person director company with change date | |
| 2025-08-06 | CH01 | officers | Change person director company with change date | |
| 2025-08-06 | CH03 | officers | Change person secretary company with change date | |
| 2025-06-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-09 | AA | accounts | Accounts with accounts type full | |
| 2024-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-15 | AA | accounts | Accounts with accounts type full | |
| 2024-02-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-05 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- 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.