IMPERIAL CHEMICAL INDUSTRIES LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-05 (in 1mo)
Last made up 2025-05-22
Watchouts
None on the register
Cash
£2M
+100% vs 2023
Net assets
£4B
-13.4% vs 2023
Employees
678
+1% vs 2023
Profit before tax
£165M
+10% vs 2023
Name history
Renamed 1 time since incorporation
- IMPERIAL CHEMICAL INDUSTRIES LIMITED 2008-01-07 → present
- IMPERIAL CHEMICAL INDUSTRIES PLC 1926-12-07 → 2008-01-07
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £588,000,000 | £607,000,000 | |
| Operating profit | -£6,000,000 | £5,000,000 | |
| Profit before tax | £150,000,000 | £165,000,000 | |
| Net profit | £142,000,000 | £128,000,000 | |
| Cash | £1,000,000 | £2,000,000 | |
| Total assets less current liabilities | £4,744,000,000 | £4,145,000,000 | |
| Net assets | £4,507,000,000 | £3,903,000,000 | |
| Equity | £4,507,000,000 | £3,903,000,000 | |
| Average employees | 671 | 678 | |
| Wages | £36,000,000 | £40,000,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -1.0% | 0.8% | |
| Net margin | 24.1% | 21.1% | |
| Return on capital employed | -0.1% | 0.1% | |
| Current ratio | 1.13x | 0.99x | |
| Interest cover | -1.00x | 0.56x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, 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.”
Group structure
- IMPERIAL CHEMICAL INDUSTRIES LIMITED · parent
- Akzo Nobel India Limited 50.46%
- Akzo Nobel (NSC) Limited 100%
- Akzo Nobel Packaging Coatings Limited 100%
- Akzo Nobel Paints Lanka (PVT) Limited 50.6%
- Akzo Nobel Paints (Malaysia) Sdn. Bhd. 59.95%
- Akzo Nobel Vietnam Ltd 100%
- Cuprinol Limited 100%
- Dulux Botswana (Pty) Limited 100%
- Dulux Limited 100%
- Dulux Swaziland (Pty) Limited 99.98%
- Dulux Zambia (2005) Limited 99.6%
- Ergon Investments International Limited 100%
- Ergon Investments UK Limited 100%
- Hammerite Products Limited 100%
- Horseferry Investments Limited 100%
- ICI Chemicals & Polymers Limited 100%
- ICI Fertilisers (Ireland) Limited 99.9%
- ICI Finance Limited 100%
- ICI India Research and Technology Centre 25%
- ICI International Investments Limited 100%
- ICI Ireland Limited 100%
- ICI Theta BV 100%
- Intex Yarns (Manufacturing) Limited 100%
- Impkemix Trustee Limited 100%
- J.P. McDougall & Co. Limited 100%
- Metlac S.p.A. 44.44%
- Mortar Investments International Limited 100%
- Mortar Investments UK Limited 100%
- Pinturas Coral De Bolivia Ltda 99.49%
- Polycell Products Limited 100%
- Sales Support Group Limited 100%
- Stevenston Holdings Limited 100%
Significant events
- “On 4th March 2025, the Company declared a further interim dividend of £500,000,000 to its shareholder, Akzo Nobel ICI Holdings.”
- “On 12th June 2025, the Company agreed to sell its 50.45% shareholding in Akzo Nobel India Limited, including its liquid paints and coatings business in India to JSW Group.”
- “On 24th September 2025, the Company divested 2,277,015 equity shares in Akzo Nobel India Limited through a block deal at the market price of Rs 3358,80 per share (total consideration of R7,648,037,982).”
- “On 10th December 2025, the Company divested a further 16,603,504 equity shares in Akzo Nobel India Limited at the price of INR 2,628.40 per share (total consideration of INR 43,640,649,913.60).”
- “On 17th December 2025, the Company divested all of its remaining equity shares in Akzo Nobel India Limited at the price of INR 3,163.50 per share (total consideration of INR 12,960,941,865).”
- “On 28th March 2024, the Company entered into a Sale and Purchase Agreement to sell its 100% interest in ICHEM Reinsurance Company Limited... The sale completed on 1 November 2024.”
- “On 11th June 2024, Akzo Nobel (NASH) Limited... was placed into Members' Voluntary Liquidation and was dissolved on 9th November 2024.”
- “On 11th June 2024 ICI Paints (Trade Contract) Limited was placed into Members' Voluntary Liquidation and was dissolved on 9th November 2024.”
- “In September 2024, to ensure profitable growth the Group announced global structural adjustments aimed at simplifying processes, optimizing sales-related expenditure, making Integrated Supply Chain's management structure leaner and closer to the business and reducing the cost of administrative, financial and other functions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 78 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CARTER, Lynette Jean Cherryl | Secretary | 2021-05-26 | — | — |
| BARBER, James Peter, Mr. | Director | 2025-08-20 | Feb 1984 | British |
| COURT, Dinah Jane | Director | 2024-03-04 | May 1971 | British |
| FAUX, Samantha | Director | 2025-09-24 | Jun 1979 | British |
| LEDSON, Kathryn Michelle | Director | 2025-04-01 | Apr 1977 | British |
Show 78 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARTER, Lynette Jean Cherryl | Secretary | 2017-04-14 | 2018-05-31 |
| HERLIHY, Michael Hugh Creedon | Secretary | 2003-11-01 | 2005-06-30 |
| JASH, Debjani | Secretary | 2000-01-01 | 2003-10-31 |
| RANSOM, Andrew Mark | Secretary | 2005-07-01 | 2008-03-25 |
| RUSHTON, Kenneth John | Secretary | 1996-01-01 | 1999-12-31 |
| WHITE, Victor Oscar | Secretary | — | 1995-12-31 |
| O.H. SECRETARIAT LIMITED | Corporate Secretary | 2008-03-25 | 2017-04-14 |
| AKAY KEMAHLI, Nese | Director | 2020-09-01 | 2022-03-31 |
| ARMSTRONG, Graeme Douglas | Director | 2011-06-17 | 2013-03-29 |
| BAAN, Adri | Director | 2001-06-25 | 2008-01-02 |
| BAINES, Wendy | Director | 2018-01-31 | 2021-01-22 |
| BARNES, James David Francis, Sir | Director | — | 1993-06-01 |
| BOLLAND, Christopher | Director | 2008-03-25 | 2008-12-31 |
| BROGDEN, Michael Edward | Director | 1994-05-01 | 1997-06-30 |
| BROWN, Alan John | Director | 2005-11-14 | 2008-03-25 |
| BROWN, Gary | Director | 2019-06-10 | 2022-03-31 |
| BUTLER, Frederick Edward Robin, Lord | Director | 1998-07-01 | 2008-01-02 |
| CHAPMAN, Brian | Director | 2016-03-31 | 2017-12-31 |
| CHILVER, Amos Henry, Lord | Director | — | 1993-06-01 |
| CONIFREY, Diarmuid Brendan | Director | 2013-01-31 | 2014-12-31 |
| DOYLE, Peter, Doctor | Director | — | 1993-06-01 |
| DRECHSLER, Paul Joseph | Director | 1999-03-01 | 2003-03-24 |
| ELLWOOD, Peter | Director | 2003-06-27 | 2008-01-02 |
| GORMAN, Joseph Tolle | Director | 2000-09-20 | 2008-01-02 |
| GREENBURY, Richard, Sir | Director | 1992-07-01 | 1993-06-01 |
| HAMILL, David Cousin Mitchell | Director | 2003-12-08 | 2008-12-31 |
| HAMPEL, Ronald Claus, Sir | Director | — | 1999-04-22 |
| HAMPSON, Christopher | Director | — | 1994-04-30 |
| HAYTHORNTHWAITE, Richard Neil | Director | 2001-02-20 | 2008-01-02 |
| HELBING, Rutger Albert | Director | 2008-12-31 | 2010-07-06 |
| HENDERSON, Denys Hartley, Sir | Director | — | 1995-04-27 |
| HENDERSON, John Wright | Director | 2017-03-06 | 2021-06-30 |
| HURN, Francis Roger, Sir | Director | 1993-10-01 | 2001-07-31 |
| JIMENEZ LOZANO, Jose Antonio | Director | 2021-01-01 | 2025-04-01 |
| KASTER, Bart | Director | 2009-03-06 | 2017-12-31 |
| KENNEDY, James Andrew | Director | 1997-07-23 | 1999-06-30 |
| KNOTT, Charles Frederick | Director | 2004-09-01 | 2007-03-02 |
| KOURTOULOS, Joannis | Director | 2024-06-26 | 2025-04-01 |
| LEE, Hon Chiu | Director | 1996-03-04 | 2000-04-28 |
| LOVE, Patrick John | Director | 2022-03-31 | 2023-06-30 |
| MARGETTS, Robert John | Director | 1992-09-01 | 2000-06-30 |
| MCADAM, John David Gibson, Dr | Director | 1999-03-01 | 2008-03-25 |
| MCAULEY, Alistair | Director | 2018-06-01 | 2020-12-30 |
| MCPHERSON, William James | Director | 2008-03-25 | 2010-04-07 |
| MEANEY, Patrick Michael, Sir | Director | — | 1992-07-16 |
| MILLER SMITH, Charles | Director | 1993-07-01 | 2002-01-01 |
| MORSE, Christopher Jeremy, Sir | Director | — | 1993-06-01 |
| NOAKES, Sheila Valerie, Baroness | Director | 2004-03-01 | 2008-01-02 |
| O'NEILL, Brendon Richard, Dr | Director | 1998-05-11 | 2003-04-08 |
| PECZAK, Piotr Pawel | Director | 2010-07-06 | 2013-01-31 |
| PILKINGTON, Anthony Richard, Sir | Director | — | 1998-04-23 |
| POWELL, William Howard | Director | 2000-02-02 | 2006-04-06 |
| PULLEN, Matthew Grant | Director | 2014-01-30 | 2018-05-31 |
| RIVERS, Dominic James | Director | 2015-01-20 | 2016-12-31 |
| RODGERS, Anthony Thomas George | Director | — | 1993-06-01 |
| SCHNEIDER-LENNE, Ellen Ruth | Director | — | 1996-12-25 |
| SCHOORDIJK, Bernard Johannes | Director | 2008-01-02 | 2009-03-06 |
| SCOTT, Timothy Alexander | Director | 2001-05-23 | 2005-08-15 |
| SHANNON, Julie Ann Maria | Director | 2008-01-02 | 2013-03-28 |
| SHORT, Colin Maxwell | Director | — | 1995-04-30 |
| SIMPSON, George, Lord | Director | 1995-01-01 | 2001-02-20 |
| SMALLEY, Michael | Director | 2011-05-05 | 2024-05-07 |
| SPALL, Alan George | Director | 1994-01-01 | 2001-05-23 |
| SPARKS, Raymond Richard | Director | 2013-03-28 | 2016-02-03 |
| STUCKES, Richard Paul | Director | 2008-12-31 | 2011-06-17 |
| TIJDINK, Michael Theodore Marie | Director | 2008-03-25 | 2011-05-01 |
| TROTMAN, Alexander James, Lord | Director | 1997-07-01 | 2003-12-31 |
| TURNER, David Allan | Director | 2017-04-13 | 2020-09-01 |
| TURNER, David Allan, Mr. | Director | 2015-02-25 | 2015-04-23 |
| UPTON, David | Director | 2022-11-01 | 2025-06-30 |
| VOLCKER, Paul Adolf | Director | — | 1994-04-29 |
| WELCH, Derek Walter | Director | 2008-01-02 | 2013-02-28 |
| WHITELEY, Frank | Director | — | 1992-11-30 |
| WILKINSON, Karen | Director | 2023-07-06 | 2024-03-04 |
| WILLIAMS, Benjamin | Director | 2022-03-15 | 2022-11-01 |
| WILLIAMS, Guy Hampson | Director | 2011-06-17 | 2014-01-30 |
| WYMAN, Thomas Hunt | Director | — | 1993-06-01 |
| O.H. DIRECTOR LIMITED | Corporate Director | 2008-04-30 | 2015-02-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Akzo Nobel Ici Holdings | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-05-20 | Active |
Filing timeline
Last 20 of 1747 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-08-27 MA Memorandum articles
- 2025-08-22 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-27 | AA | accounts | Accounts with accounts type full | |
| 2025-12-03 | CH01 | officers | Change person director company with change date | |
| 2025-10-01 | CH01 | officers | Change person director company with change date | |
| 2025-09-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-27 | MA | incorporation | Memorandum articles | |
| 2025-08-22 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-11 | AA | accounts | Accounts with accounts type full | |
| 2024-06-28 | CH01 | officers | Change person director company with change date | |
| 2024-06-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-08 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-17 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+3.2%
£588,000,000 £607,000,000
-
Cash
+100%
£1,000,000 £2,000,000
-
Net assets
-13.4%
£4,507,000,000 £3,903,000,000
-
Employees
+1%
671 678
-
Operating profit
+183.3%
-£6,000,000 £5,000,000
-
Profit before tax
+10%
£150,000,000 £165,000,000
-
Wages
+11.1%
£36,000,000 £40,000,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers