JOHNSON MATTHEY DAVY TECHNOLOGIES LIMITED

• ⚠

  Material uncertainty over going concern

  The directors have considered the IAS I requirements and the guidance set out in the FRC's thematic review (published February 2025). On the basis of that guidance and the fact that the directors cannot know with certainty the detailed plans of the acquirer, they have, on balance, considered this to be a material uncertainty over the entity's ability to continue as a going concern.

1. JOHNSON MATTHEY DAVY TECHNOLOGIES LIMITED 2013-09-02 → present
2. DAVY PROCESS TECHNOLOGY LIMITED 2001-11-28 → 2013-09-02
3. KVAERNER PROCESS TECHNOLOGY LIMITED 1996-09-12 → 2001-11-28
4. KVAERNER JOHN BROWN TECHNOLOGY LIMITED 1996-08-16 → 1996-09-12
5. DAVY PROCESS TECHNOLOGY LIMITED 1996-08-15 → 1996-08-16
6. DAVY PROCESS TECHNOLOGY LIMITED 1995-03-31 → 1996-08-15
7. DAVY MCKEE (LONDON) LIMITED 1982-06-02 → 1995-03-31
8. DAVY MCKEE (OIL & CHEMICALS) LIMITED 1980-12-31 → 1982-06-02
9. DAVY INTERNATIONAL (OIL & CHEMICALS) LIMITED 1979-12-31 → 1980-12-31
10. DAVY POWERGAS LIMITED 1959-08-19 → 1979-12-31

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 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors have considered the IAS I requirements and the guidance set out in the FRC's thematic review (published February 2025). On the basis of that guidance and the fact that the directors cannot know with certainty the detailed plans of the acquirer, they have, on balance, considered this to be a material uncertainty over the entity's ability to continue as a going concern.”

Group structure

1. JOHNSON MATTHEY DAVY TECHNOLOGIES LIMITED · parent
   1. Johnson Matthey Singapore Private Limited 1% · Singapore
   2. Johnson Matthey Canada, Inc. 1% · Canada
   3. Johnson Matthey Services (Trinidad & Tobago) Limited 1% · Trinidad & Tobago
   4. Intercat Europe B.V. 1%
   5. Johnson Matthey Formox AB 1%
   6. Johnson Matthey Clean Energy Technologies (Beijing) Co., Ltd. 1% · China
   7. Johnson Matthey Chemical Process Technologies (Shanghai) Co., Ltd. 1% · China
   8. Johnson Matthey (Shanghai) Trading Limited 1% · China
   9. Johnson Matthey Arabia for Business Services 1% · Arabia
   10. Johnson Matthey Catalyst Technologies - L.L.C - S.P.C 1%
   11. Johnson Matthey Chemicals India Private Limited 0.9999% · India

Significant events

• “On 22 May 2025, the ultimate parent company (Johnson Matthey Plc) announced the sale of its Catalyst Technologies business (comprising the Catalyst and Licensing businesses) to Honeywell International Inc. The sale is expected to complete by the first half of calendar year 2026.”
• “As part of the sale process, all Catalyst Technologies business activities in the UK were transferred to Johnson Matthey Davy Technologies Limited on 31 July 2025 for £280,364,000 and certain intercompany positions settled.”
• “Additionally, 100% of the share capital of the following companies were purchased by Johnson Matthey Davy Technologies on the dates noted below: Johnson Matthey Singapore Private Limited, Johnson Matthey Canada, Inc., Johnson Matthey Services (Trinidad & Tobago) Limited, Intercat Europe B.V., Johnson Matthey Formox AB, Johnson Matthey Clean Energy Technologies (Beijing) Co., Ltd., Johnson Matthey Chemical Process Technologies (Shanghai) Co., Ltd., Johnson Matthey (Shanghai) Trading Limited, Johnson Matthey Arabia for Business Services, Johnson Matthey Catalyst Technologies - L.L.C – S.P.C.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +70.6%

  £103,980,000 → £177,433,000

• Cash

  +3,951.7%

  £120,000 → £4,862,000

• Net assets

  +104.7%

  £65,721,000 → £134,555,000

• Employees

  +15.5%

  181 → 209

• Operating profit

  +239.1%

  £25,565,000 → £86,681,000

• Profit before tax

  +193.1%

  £31,634,000 → £92,719,000

• Wages

  -1.3%

  £17,791,000 → £17,564,000

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