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Vil Resins Ltd.

00338691

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

V I L Resins Ltd, Union Road, Bolton, BL2 2DT
Incorporated 31/03/1938

Previously known as

Varnish Industries Limited · until 01/12/1997

Compliance

Last accounts

30/09/2025

full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 07/05/2026

Due 21/05/2027

On track

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

Richard Wray Wallen

director · Since 01/10/1999

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 52

Mr Philip Mark Stonehewer

director · Since 01/10/1999

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

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

Mr Brian James Raby

director · Since 09/01/2026

BRITISH · ENGLAND · Age 55

Mrs Jo-Anne Katie Watson

director · Since 09/01/2026

BRITISH · ENGLAND · Age 43

Also on 1 other board

Andrew Wray Wallen

director

British · England · Age 79

Richard Wray Wallen

director · Since 01/10/1999

British · England · Age 52

Philip Mark Stonehewer

director · Since 01/10/1999

British · United Kingdom · Age 70

Jamie Maugham

director · Since 03/02/2015

British · United Kingdom · Age 58

Jo-Anne Katie Watson

secretary · Since 23/05/2025

Brian James Raby

director · Since 09/01/2026

British · England · Age 55

Jo-Anne Katie Watson

director · Since 09/01/2026

British · England · Age 43

Former

Stephen Ernest Wallen

director · Resigned 30/03/1994

Joyce Edith Wallen

director · Resigned 05/03/2004

Wendy Wallen

director · Resigned 05/03/2004

Brian Matthew Holmes

secretary · Resigned 04/01/2005

Susan Elizabeth Willis

director · Resigned 22/05/2008

Brian Matthew Holmes

director · Resigned 18/06/2008

Sarah Wendy Richardson

secretary · Resigned 30/07/2010

Sarah Wendy Richardson

director · Resigned 30/07/2010

Philip William Richardson

secretary · Resigned 02/08/2010

Peter Mcguire

director · Resigned 03/02/2015

Alan Lomax

director · Resigned 10/04/2025

Philip William Richardson

director · Resigned 23/05/2025

James Wray Wallen

director · Resigned 23/05/2025

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

Change History

statusactive
2026-07-27

Active

typeltd
2026-07-27

Private Limited Company

address line1V I L Resins Ltd
2026-07-27

V I L RESINS LTD

post townBolton
2026-07-27

BOLTON

officer appointedWATSON, Jo-Anne Katie
2026-07-27
officer appointedMAUGHAM, Jamie
2026-07-27
officer appointedRABY, Brian James
2026-07-27
officer appointedSTONEHEWER, Philip Mark
2026-07-27
officer appointedWALLEN, Andrew Wray
2026-07-27
officer appointedWALLEN, Richard Wray
2026-07-27
officer appointedWATSON, Jo-Anne Katie
2026-07-27

CompanyRankvs 10+ SIC 20590 peers
69

Financial strength98th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.26× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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 going concern are d

Key FinancialsYear ending 30/09/2025

Net Worth

£12.2M

Balance sheet strength

Cash

£3.5M

Cash in the bank

Profit Before Tax

£2.5M

Bottom line earnings

Net Current Assets

£7.3M

Working capital

Current Assets

£13.0M

Current Liabilities

£5.8M

Fixed Assets

£10.8M

Debtors

£5.6M

Admin Expenses

£1.8M

Profit After Tax

£1.9M

36avg. employees+2

Tax at Year End

Dividends paid£1.0M

People Costs(2024)

Wages & salaries£1.6M

Balance Sheet

Assets less current liabilities£18.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.26+£1.5M
20241.30+£747k
20231.53

Derived from filed accounts. Not audited figures.