SIBELCO GREEN SOLUTIONS UK LIMITED

1. SIBELCO GREEN SOLUTIONS UK LIMITED 2021-03-11 → present
2. ILAMIAN LIMITED 1971-04-30 → 2021-03-11

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On the basis of their assessment, which included trading since the year end, the base case and downside forecast scenarios of future performance, the availability of funds through the cash pool and £27m deposit agreement arrangements via WBB, as well as the ability of Silfin NV to provide such a facility as and when required to be drawn down, for the going concern assessment period to 31 December 2026, the directors believe that the UK group of companies and the entity itself will be able to meet their liabilities as and when they fall due for that period. Accordingly, these financial statements have been prepared on a going concern basis.”

Significant events

• “No dividend was paid during the year (2023: nil).”
• “During 2021 the Company was granted a loan for £5.0m by Watts Blake Bearne & Co Ltd... The loan has a repayment date of 15th June 2027 and attracts interest of SONIA + 51bps. In addition the same company provided short term financing of £2.0m which is repayable upon demand.”
• “Also during 2021 the Company was granted a loan for £5.6m by its immediate parent company, Sibelco UK Ltd. The repayment of the loan was extended during 2025 from 15th June 2026 to 15th June 2033 and attracts interest of SONIA + 51bps.”

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

Filings

6

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

  -0.6%

  £31,302,000 → £31,120,000

• Cash

  0%

  £15,000 → £15,000

• Net assets

  -15.3%

  £4,754,000 → £4,029,000

• Employees

  +7.1%

  56 → 60

• Operating profit

  -102.1%

  £5,602,000 → -£118,000

• Profit before tax

  -115%

  £5,000,000 → -£749,000

• Wages

  -5.3%

  £2,517,000 → £2,383,000

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