ETERNIS FINE CHEMICALS UK LIMITED

1. ETERNIS FINE CHEMICALS UK LIMITED 2021-05-04 → present
2. TENNANTS FINE CHEMICALS LIMITED 2011-02-01 → 2021-05-04
3. TESSENDERLO FINE CHEMICALS LIMITED 2001-08-29 → 2011-02-01
4. ACORDIS FINE CHEMICALS LIMITED 1999-09-22 → 2001-08-29
5. ACORDIS MANAGEMENT SERVICES LIMITED 1998-10-30 → 1999-09-22
6. COURTAULDS MANAGEMENT SERVICES LIMITED 1991-08-29 → 1998-10-30
7. BARTOL CISTERNS LIMITED 1960-01-12 → 1991-08-29

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors are satisfied that the Company has sufficient resources available to manage its loans and all the challenges that the current marketplace is experiencing and will continue to have access to additional funding facilities to mitigate any reasonably foreseeable downside risk and therefore it can meet its liabilities as they fall due. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. ETERNIS FINE CHEMICALS UK LIMITED · parent
   1. Eternis Fine Chemicals Pte Ltd 100% · Singapore · Active
   2. Eternis Fine Chemicals USA LLC 100% · USA · Active
   3. Eternis Chemicals France SAS 100% · France · Active
   4. Sharon Personal Care Limited 100% · Israel · Active
   5. Sharon Labs Europe S.r.I 100% · Italy · Active
   6. Sharon Labs USA LLC. 100% · USA · Active
   7. Sharon Personal Care SRL. 100% · Italy · Active

Significant events

• “During the year, the Company has acquired 100% equity in Sharon Personal Care Ltd, along with its three subsidiaries, Sharon Labs Europe S.r.l (Italy), Sharon Labs USA LLC and Sharon Personal Care SRL, for a total consideration of £79.8m as part of the Group's strategic plan to enter into the personal care market.”
• “The Company has also granted a loan of £22.3m to Sharon Personal Care Ltd.”
• “The Company has borrowed £57.1m from a consortium of three banks to fund the acquisition.”
• “The Company has borrowed £46.3m from its immediate parent company, Eternis UK Ltd, by way of a convertible loan note.”
• “The liquidation of Eternis Fine Chemicals Shanghai Co. Limited (EFC China) was completed in June 2024 pursuant to which the Company received an amount of £0.59m as final distribution of surplus cash on liquidation from EFC China.”

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

Filings

7

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -2.8%

  £65,980,000 → £64,161,000

• Cash

  +93.6%

  £3,793,000 → £7,345,000

• Net assets

  -4.1%

  £27,777,000 → £26,642,000

• Employees

  -9.7%

  113 → 102

• Operating profit

  +284.6%

  £149,000 → £573,000

• Profit before tax

  -20.6%

  £652,000 → £518,000

• Wages

  +4.3%

  £5,412,000 → £5,644,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers