BASF PUBLIC LIMITED COMPANY

1. BASF PUBLIC LIMITED COMPANY 1989-07-01 → present
2. BASF UNITED KINGDOM LIMITED 1960-08-18 → 1989-07-01

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 covering a period of at least 12 months from the date of approval of these financial statements. These forecasts, which include severe but plausible downside scenarios, indicate that the company will have sufficient funds to meet its liabilities as they fall due throughout this period. ... Having considered the company's forecasts, available liquidity, and the support of the BASF Group, the directors are confident that BASF plc will continue to meet its liabilities as they fall due for at least 12 months from the date of approval of these financial statements. Accordingly, the financial statements have been prepared on a going concern basis.”

Group structure

1. BASF PUBLIC LIMITED COMPANY · parent
   1. Nunhems UK Limited 100% · England · sale and distribution of vegetable seeds
   2. BASF Alpha Limited 100% · England · dormant company
   3. BASF Pensions Trustee Limited 100% · England · pension company
   4. BASF Coatings UK Limited 100% · England · sale and distribution of chemical coating products to the automotive industry

Significant events

• “During 2020 the construction business was sold to Lone Star, and a decision to close the manufacturing operation at Seal Sands was also taken at the end of 2020. Results for manufacturing products for the construction industry and Seal Sands manufacturing operation are therefore included as discontinued operations in 2023. There were no discontinued operations in 2024.”
• “On 30 September 2024 the company carved out the trade and net assets of the Coatings business to BASF Coatings UK Limited, a wholly owned subsidiary of BASF plc. Goodwill relating to the Coatings business is shown as a disposal in note 13. As control is maintained, the carve-out does not represent a discontinued operation.”
• “During the year, the company made charitable donations totalling £16,777.”
• “LTIs: 1 (2023:0), PSIS: 1 (2023: 1)”
• “Overall workforce 39% (2023: 33%)”
• “Senior management 32% (2023:31%)”
• “Board of directors 25% (2023: 20%)”
• “As at 31 December 2024, 9% of the workforce identified as belonging to ethnic minority groups (2023: 7%). This includes staff at all levels.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

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

  -6.4%

  £886,107,000 → £829,270,000

• Cash

  —

  Not reported

• Net assets

  +18.7%

  £110,963,000 → £131,722,000

• Employees

  -4.9%

  465 → 442

• Operating profit

  -9.1%

  £23,859,000 → £21,685,000

• Profit before tax

  -7.7%

  £29,626,000 → £27,351,000

• Wages

  -5.3%

  £29,311,000 → £27,753,000

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