CHEMETALL LIMITED

1. CHEMETALL LIMITED 2010-11-04 → present
2. CHEMETALL PLC 2000-06-30 → 2010-11-04
3. BRENT INTERNATIONAL PLC 1993-05-21 → 2000-06-30
4. BRENT CHEMICALS INTERNATIONAL PLC 1930-12-19 → 1993-05-21

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared cash flow forecasts for a period of at least 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides, the company will have sufficient funds, to meet its liabilities as they fall due for that period: The global economic environment, continue to drive uncertainty with high levels of volatility in exchange and commodity markets and with international trading agreements potentially subject to significant change. Management continue to monitor the potential implications of geopolitical change on our trading and financing environment and to take short-term measures to ensure we have access to adequate stock levels in the UK.. Despite a turbulent business environment, the company has proven it has the necessary tools at hand to manage its profitability. Management strongly believes that in the coming year, the company can capitalise on the business opportunities by delivering growth in sales and profitability. In the unlikely event of worsening market conditions, the company's strong cashflow position in excess of £50m, held on deposit of short-term capital in the form of In-House bank balance, gives the ability to cover numerous years of fixed costs without cashflow issues. Profit and loss before tax forecast is positive for 2025. This forecast is based on our knowledge and general understanding of the market and customer base as well as on expected capitalisation of business opportunities in selected segments. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. CHEMETALL LIMITED · parent
   1. AM Craig Limited 100% · England · holding company
   2. Ardrox Limited 100% · England · dormant company
   3. Brent Manufacturing Co Limited 100% · England · dormant company
   4. Brent Europe Limited 100% · England · dormant company
   5. Chemserve Limited 100% · England · dormant company
   6. BASF Coatings and Chemetall Middle East L.L.C.-P.P.C 100% · United Arab Emirates · marketing and sales of specialised industrial chemicals

Significant events

• “On 1st September 2024 the company carved out the trade and net assets of the United Arab Emirates branch to BASF Coatings and Chemetall Middle East L.L.C - S.P.C based in Abu Dhabi, United Arab Emirates. This subsidiary of the BASF Group is whole owned by Chemetall Limited. The net assets as at 1st September 2024 were fully transferred to the new company totalling £4,679,000, this is part of the investment addition for the year of £5,928,000 which also includes a cash injection of £1,249,000.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -4.6%

  £32,210,000 → £30,738,000

• Cash

  -98.8%

  £977,000 → £12,000

• Net assets

  -42.6%

  £120,628,000 → £69,190,000

• Employees

  -2%

  51 → 50

• Operating profit

  +98.6%

  £2,174,000 → £4,318,000

• Profit before tax

  +11.7%

  £6,951,000 → £7,761,000

• Wages

  -14.3%

  £3,103,000 → £2,658,000

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