Back to search

Vil Resins Ltd.

00338691

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

V I L RESINS LTD, BOLTON, BL2 2DT
Incorporated 31/03/1938

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20590
Manufacture of other chemical products

Officers

Mr Andrew Wray Wallen

director · Since 20/03/1992

CHAIRMAN

BRITISH · ENGLAND · Age 79

Also on 4 other boards

Mr Philip Mark Stonehewer

director · Since 01/10/1999

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Richard Wray Wallen

director · Since 01/10/1999

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 51

Mr Jamie Maugham

director · Since 03/02/2015

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Mrs Jo-Anne Katie Watson

secretary · Since 23/05/2025

Also on 1 other board

Mrs Jo-Anne Katie Watson

director · Since 09/01/2026

BRITISH · ENGLAND · Age 43

Also on 1 other board

Mr Brian James Raby

director · Since 09/01/2026

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Varnish Industries Holdings Limited

75–100% shares

Vil Resins Limited, Union Road, Bolton, BL2 2DT

Reg: 16434694 · Companies House- England And Wales · Limited Company

Notified 23/05/2025

Former PSCs

Vil Holdings Limited

Ceased 23/05/2025

Charges1 outstanding

Charge
outstanding

VIL HOLDINGS LIMITED & LIQUID SCIENCE HOLDINGS LIMITED

Created 14/10/2025Registered 30/10/2025
Charge
satisfied

VIL HOLDINGS LIMITED AND LIQUID SCIENCE SOLUTIONS LIMITED

Created 22/05/2025Registered 29/05/2025Satisfied 05/11/2025
charge
satisfied

VIL HOLDINGS LIMITED

Created 01/04/2008Registered 11/04/2008Satisfied 19/05/2025
charge
satisfied

STAFFORD HOLDINGS LIMITED

Created 17/06/1994Registered 18/06/1994Satisfied 17/09/2019

CompanyRankvs 131+ SIC 20590 peers
60

Financial strength97th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.3× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/09/2024

Net Worth

£10.6M

Balance sheet strength

Cash

£3.5M

Cash in the bank

Profit Before Tax

£2.5M

Bottom line earnings

Net Current Assets

£3.0M

Working capital

Current Assets

£12.7M

Current Liabilities

£9.8M

Fixed Assets

£9.0M

Debtors

£5.8M

Cost of Sales

£20.1M

Admin Expenses

£1.9M

Profit After Tax

£1.8M

34avg. employees

Tax at Year End

Corp tax£0
Dividends paid£3.0M

People Costs

Wages & salaries£1.6M

Balance Sheet

Assets less current liabilities£11.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.30+£747k
20231.53-£1.4M
20221.80+£1.7M
20211.64+£2.2M
20201.30

Derived from filed accounts. Not audited figures.