Conex Universal Limited
Private Limited Company · Kingswinford
ActiveUnited KingdomIncorporated 2011Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£68,866,000
Cash
£28,312,000
Turnover
£187,018,000
Profit / loss
£27,735,000
Current assets
£113,840,000
Creditors < 1 year
£29,030,000
Equity
£68,866,000
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £68,866,000 | £68,460,000 |
| Equity | £68,866,000 | £68,460,000 |
| Share capital | £1,000,000 | £1,000,000 |
| Retained earnings | £67,866,000 | £67,460,000 |
| Assets | ||
| Fixed assets | £5,520,000 | £6,248,000 |
| Property, plant & equipment | £2,727,000 | £2,491,000 |
| Investments | £2,000 | £2,000 |
| Current assets | £113,840,000 | £114,481,000 |
| Cash at bank | £28,312,000 | £40,890,000 |
| Debtors | £21,555,000 | £16,756,000 |
| Stock | £38,358,000 | £36,557,000 |
| Liabilities | ||
| Creditors within one year | £29,030,000 | £26,550,000 |
| Creditors after one year | £519,000 | £1,307,000 |
| Bank loans & overdrafts | £14,000 | £12,500 |
| Provisions | £350,000 | £350,000 |
| Net current assets | £84,810,000 | £87,931,000 |
| Profit & loss | ||
| Turnover | £187,018,000 | £185,706,000 |
| Cost of sales | £136,291,000 | £129,228,000 |
| Gross profit | £50,727,000 | £56,478,000 |
| Distribution costs | £5,149,000 | £6,153,000 |
| Administrative expenses | £14,749,000 | £15,350,000 |
| Operating profit | £30,829,000 | £34,975,000 |
| Interest receivable | £1,201,000 | £1,025,000 |
| Interest payable | £119,000 | £452,000 |
| Profit before tax | £31,911,000 | £35,548,000 |
| Tax | £4,176,000 | £3,881,000 |
| Profit / loss | £27,735,000 | £31,667,000 |
| Operating costs | ||
| Depreciation | £217,000 | — |
| People & pay | ||
| Highest paid director | £3,703,000,000 | £2,956,000,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- BDO LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- IBP Global Trading Limited
- Accounts
- FRS 101
- Approved
- 2026-05-08, signed by Andrew Mason
Subsidiaries (2)
- IBP Group LLC · 100% · United States of America; registered address: 95 Vantage Point, Second Ave, The Pensnett Estate, Kingswinford, West Midlands, DY6 7FT United Kingdom
- Conex Banninger Canada Inc · 100% · Canada; registered address: 100 King Street West, 1 First Canadian Place, Suite 1600, Toronto, Ontario, M5X 1G5, Canada
Turnover by segment (14)
- Distribution of products: 187,018 (000s) (2025-12-31)
- Distribution of products: 185,706 (000s) (2024-12-31)
- United Kingdom: 6,203 (000s) (2025-12-31)
- Rest of Europe: 131,232 (000s) (2025-12-31)
- North America: 19,856 (000s) (2025-12-31)
- Africa: 216 (000s) (2025-12-31)
- Australia: 26,375 (000s) (2025-12-31)
- Asia: 3,136 (000s) (2025-12-31)
- United Kingdom: 9,578 (000s) (2024-12-31)
- Rest of Europe: 128,301 (000s) (2024-12-31)
- North America: 18,809 (000s) (2024-12-31)
- Africa: 143 (000s) (2024-12-31)
- Australia: 24,511 (000s) (2024-12-31)
- Asia: 4,364 (000s) (2024-12-31)
Borrowings (2)
- Long term loans to Group undertakings · £20,363,000 (000s) · 1.75% Euro Base rate per annum · Initial noted repayment date of 31 December 2026; repayment neither planned nor likely in the foreseeable future with the initial term being extended as required
- Group banking facility provided by HSBC Bank PLC · £14.0m (000s) · For a period of 36 months · secured on Generally secured on related assets
Share classes (1)
- 1,000,000 Ordinary shares of £1 each of £1
Events after the year end (1)
- There have been no significant events affecting the Company since the year end.
Contingent liabilities (1)
- During the period the Company was party to a Group banking facility of £40.0m (2024 - £46.6m) provided by HSBC Bank PLC for a period of 36 months. As at 31 December 2025 the Group banking facility being used amounted to £14.0m (2024 - £12.5m). The Company is jointly and severally liable under cross guarantee arrangements, together with other related companies, for this facility.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFloating · created 2025-09-05
—
OutstandingShow 12 satisfied / released
All Assets · created 2024-10-16 · satisfied 2025-10-30
—
SatisfiedUnknown · created 2024-02-16 · satisfied 2025-10-30
—
SatisfiedUnknown · created 2016-12-21 · satisfied 2025-10-30
—
SatisfiedFixed · created 2014-06-09 · satisfied 2025-10-30
—
SatisfiedAll Assets · created 2014-06-12 · satisfied 2025-10-30
—
SatisfiedUnknown · created 2014-06-12 · satisfied 2025-10-30
—
SatisfiedFixed · created 2014-06-12 · satisfied 2025-10-30
—
SatisfiedAll Assets · created 2014-06-12 · satisfied 2025-10-30
—
SatisfiedFixed · created 2014-06-12 · satisfied 2025-10-30
—
SatisfiedFixed · created 2012-01-05 · satisfied 2016-03-03
All monies
SatisfiedAll Assets · created 2011-07-04 · satisfied 2016-03-03
All monies
SatisfiedAll Assets · created 2011-03-15 · satisfied 2011-06-24
All monies
Satisfied