BUPL REALISATIONS LIMITED
Company number SC201867 · Monitor this company
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
BUPL Realisations Limited (formerly Barony Universal Products PLC) was a significant UK aerosol contract manufacturer that achieved record turnover of £118.8 million in 2023 but operated with a fundamentally fragile capital structure, characterised by persistent negative net assets and profit margins well below sector norms. The company's collapse into administration was driven primarily by its entanglement with sanctioned Russian lender VTB Bank, which created an unresolvable refinancing crisis when loan facilities matured in March 2024, compounded by chronic under-capitalisation that left no buffer against external shocks. Despite possessing genuine competitive assets—including a COMAH-licensed manufacturing site and meaningful scale in private label personal care—the business exemplifies how balance sheet weakness can overwhelm operational capability in a thin-margin, capital-intensive manufacturing sector.
Shareholders' funds
-£13,230
Balance sheet as at 2023-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1999-11-19
- Registered office
- Clyde Office, 48 West George Street, Glasgow, United Kingdom, G2 1BP
- Postcode
- G2 1BP
- Capital
- 200,000 GBP
- Accounts category
- Group
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2023-12-31
- Next due by
- 2025-09-30 Overdue
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-03-11
- Next due by
- 2026-03-25 Overdue
Nature of business (SIC)
- 20420 Manufacture of perfumes and toilet preparations
Officers 4 current · 38 resigned
Group structure 2 subsidiaries
From persons-with-significant-control filings on the public register.
Modern slavery statement
Registered a modern slavery statement for 2020 (period to 2020-04-05).
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Gender pay gap
15.4%
Women's median hourly pay below men's, 2023/24
Contact details
- Website
- baronyuniversal.com
Private Label Read More Capabilities View Capabilities Contract Filling Read More Universal Environmental & Sustainable At Barony we recognise that all of our business activities have an impact on the local and global environment. Read More
Previous company names
| Name | Date changed |
|---|---|
| BARONY UNIVERSAL PRODUCTS LIMITED | 2025-10-20 |
| BARONY UNIVERSAL PRODUCTS PLC | 2025-04-29 |
| SHORTLEES PLC | 2000-01-19 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| BARONY INDUSTRIAL ESTATE, BARONY ROAD, AUCHINLECK,, AYRSHIRE, KA18 2BL | 2011-06-03 |
| 94 HOPE STREET, GLASGOW, G2 6PH | 2001-12-13 |
| 5 ROYAL EXCHANGE SQUARE, GLASGOW, LANARKSHIRE G1 3AH | 2001-01-07 |
The class of 1999
42%
of the 64,735 companies incorporated in 1999 are still active today; 55% have since been dissolved.
A fact about the year, not a forecast for this company.