GUARDSMAN INDUSTRIES LIMITED
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Cash
£7.7m
+10.4% highest in 3 filed years
Net assets
£6.6m
+378.6% highest in 3 filed years
Employees
61
-19.7% lowest in 3 filed years
Profit before tax
£237k
+106.1% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary 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 | £12,568,997 | £13,248,219 | £15,375,453 | +16.1% | |
| Operating profit | -£453,048 | -£3,902,748 | £230,300 | +105.9% | |
| Profit before tax | -£447,573 | -£3,889,875 | £236,553 | +106.1% | |
| Net profit | -£485,557 | -£3,903,872 | £207,227 | +105.3% | |
| Cash | £5,485,509 | £6,953,562 | £7,674,404 | +10.4% | |
| Total assets less current liabilities | £7,231,768 | £11,431,296 | £14,794,739 | +29.4% | |
| Net assets | £279,158 | £1,375,286 | £6,582,513 | +378.6% | |
| Equity | £279,158 | £1,375,286 | £6,582,513 | +378.6% | |
| Average employees | 76 | 76 | 61 | -19.7% | |
| Wages | £2,649,357 | £2,656,180 | £2,213,336 | -16.7% | |
| Directors' remuneration | — | £0 | £0 | — |
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 | -3.6% | -29.5% | 1.5% | |
| Net margin | -3.9% | -29.5% | 1.3% | |
| Return on capital employed | -6.3% | -34.1% | 1.6% | |
| Gearing (liabilities / total assets) | 97.5% | 91.5% | 73.4% | |
| Current ratio | 2.77x | 3.38x | 2.49x |
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
- GUARDSMAN INDUSTRIES LIMITED 2011-10-20 → present
- VALSPAR INDUSTRIES (UK) LIMITED 2001-06-26 → 2011-10-20
- LILLY INDUSTRIES (UK) LTD 1998-12-30 → 2001-06-26
- GUARDSMAN U.K. LIMITED 1989-06-15 → 1998-12-30
- RIMRAIL LIMITED 1989-03-13 → 1989-06-15
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the director has a reasonable expectation that the Group has sufficient resources to continue in operational existence for the foreseeable future. Accordingly, the director continues to adopt the going concern basis in preparing the annual financial statements.”
Group structure
- GUARDSMAN INDUSTRIES LIMITED · parent
- Guardsman Europe Limited 100%
Significant events
- “During 2024 Guardsman discontinued its relationship with its underwriting partner, Fortegra Europe Insurance Company Limited. A new partnership was established with Acasta Europe starting in June 2024 and continued throughout 2025...”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 25 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MROTEK, Timothy Paul | Director | 2019-10-21 | Sep 1975 | American |
Show 25 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COULTAS, David Frederick | Secretary | — | 1993-10-22 |
| GRAFF, Stuart Irwin | Secretary | 2010-11-12 | 2016-01-29 |
| ROBB, Timothy Martin | Secretary | 2018-09-20 | 2022-05-01 |
| SHALETTE, Erika, Ms. | Secretary | 2022-05-11 | 2025-04-14 |
| WATSON, Michael | Secretary | 2016-01-29 | 2017-10-26 |
| WILKINS, Deborah Julie | Secretary | 1993-10-22 | 2010-11-12 |
| BENNETT, Charles Edwards | Director | — | 1996-06-06 |
| BRAGGIO, Ezio Nicola Giacomo | Director | 2017-10-26 | 2018-06-25 |
| DOIG, David Graham | Director | 1992-12-01 | 2003-09-30 |
| GRAFF, Stuart Irwin | Director | 2010-11-12 | 2016-01-29 |
| GRAHAM, Michael | Director | 1999-03-01 | 1999-05-31 |
| GRETTON, Richard Martin | Director | 2003-06-16 | 2008-01-02 |
| GRETTON, Richard Martin | Director | 1999-03-01 | 2001-03-16 |
| GRIFFIN, Philip James | Director | 2013-08-30 | 2019-11-01 |
| HENTHORN, Craig | Director | 2003-05-01 | 2005-09-12 |
| KEITH, Stephen | Director | 2003-05-01 | 2011-07-29 |
| KNIGHTS, Stan | Director | 2000-12-01 | 2002-08-31 |
| MIKLICH, Jeffrey James | Director | 2017-10-26 | 2018-06-25 |
| MISTYSYN, Allen Joseph | Director | 2017-10-26 | 2018-06-25 |
| MULLOY, Erin Elizabeth | Director | 2021-08-06 | 2025-10-03 |
| SALMON, Alan Martin | Director | — | 1996-09-12 |
| VANDER-HYDE, Keith | Director | — | 2000-12-20 |
| WATSON, Michael | Director | 2015-01-29 | 2017-10-26 |
| WILKINS, Deborah Julie | Director | 1999-02-01 | 2010-11-12 |
| WRIGHT, David Adrian Lllewellyn | Director | 2011-08-05 | 2013-08-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Guardsman Holdco Llc | Corporate entity | Shares 75–100% | 2018-10-02 | Ceased 2018-10-02 |
| Engineered Polymer Solutions Inc | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2018-10-02 |
Filing timeline
Last 20 of 185 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-02-01 MA Memorandum articles
- 2023-01-07 CC05 Change constitution enactment
- 2023-01-07 CC05 Change constitution enactment
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type group | |
| 2026-06-02 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2026-05-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-03-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-13 | SH01 | capital | Capital allotment shares | |
| 2025-12-23 | AA | accounts | Accounts with accounts type group | |
| 2025-10-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-04-15 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-03-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-03 | CH01 | officers | Change person director company with change date | |
| 2025-03-03 | CH01 | officers | Change person director company with change date | |
| 2024-10-08 | SH01 | capital | Capital allotment shares | |
| 2024-10-01 | AA | accounts | Accounts with accounts type group | |
| 2024-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-28 | AA | accounts | Accounts with accounts type group | |
| 2023-03-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-01 | MA | incorporation | Memorandum articles | |
| 2023-01-07 | CC05 | change-of-constitution | Change constitution enactment | |
| 2023-01-07 | CC05 | change-of-constitution | Change constitution enactment |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 2
- Officers appointed
- 0
- 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.