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Company No. 05056778 · Incorporated 26 Feb 2004

Vinyl (GB) Limited

Registered name: VINYL (GB) LIMITED

Part of Memtech Ltd group

Vinyl (GB) Limited made a £208k loss in the year to 31 Dec 2023 (revenue not disclosed).

Vinyl (GB) Limited reported a loss of £208k in the year to 31 Dec 2023; its revenue was not disclosed. It had 21 employees. The company is classified under “manufacture of plastics in primary forms” and is based in Norwich; we hold 2 years of its filed accounts.

Profit onlySection C · ManufacturingSIC 20160Manufacture of plastics in primary forms
Status
In Administration
Location
Norwich, East of England
Age
22 yrs · since 2004
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2023

Key figures

Revenue
—
Not disclosed in filing
Profit
−£208k
Growth —
Profit margin
—
 
Employees
21
Change ▲23.5%
Profit / employee
−£9.9k
 
Profitable streak
0yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 2023
DisclosureNo P&LProfit only
Profit & loss
Revenue (turnover)——
Profit after tax—−£208k
Profit (best available)—−£208k
Employees (average)1721
Ratios
Profit margin——
Profit per employee—−£9.9k
Growth (year on year)
Headcount growth—▲23.5%
Balance sheet — indirect signals, not revenue
Cash at bank£35.1k£29.3k
Net assets−£731k−£939k
Fixed assets£317k£340k
Current assets£724k£875k
Debtors£248k£480k
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
−£9.9k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now −£939k
Cash at bank
▼16%
Now £29.3k
Headcount
▲24%
Now 21
Deferred income
—
Now —
Fixed assets
▲7%
Now £340k
Corporate ownership

Group structure

Ownership chain

  1. Memtech Ltdultimate parent75–100%
  2. Easy-Trim Roofing and Construction Products Ltd50–75%
  3. Vinyl (GB) Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Minority corporate shareholders

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£208k), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.