AIREDALE CHEMICAL COMPANY LIMITED

• ◆

  6 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company remains optimistic about its resilience and ability to continue to deliver strong operating profits and positive cash flows. Furthermore, the strength of the Company's balance sheet and the significant levels of headroom within Group financing facilities mean the Company is well placed to deal with any adverse market scenarios that may arise. At the time of preparing and at the date of approving these financial statements the directors have a reasonable expectaation that the Company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the forseeable future and for a period of at least twelve months. Accordingly, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. AIREDALE CHEMICAL COMPANY LIMITED · parent
   1. McCann Chemicals Limited

Significant events

• “The 2024 accounts include the trade of McCann Chemicals Limited and are therefore not directly comparable to the 2023 position.”
• “On 1 January 2024, the company acquired the trade and associated assets and liabilities of McCann Chemicals Limited, pursuant to a formal asset purchase agreement.”
• “There is a charge over the assets of the company held by Alter Domus Trustees (UK) Limited as security agents in respect of the borrowings at Airedale Newco Limited level. This charge is held over all the assets in the group.”

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

Filings

17

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

6

last 12 months

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

• Turnover

  -15.3%

  £94,653,583 → £80,142,916

• Cash

  -58.9%

  £8,807,961 → £3,617,953

  lowest in 3 filed years

• Net assets

  +85.6%

  £12,351,840 → £22,919,457

  highest in 3 filed years

• Employees

  +14.2%

  120 → 137

  highest in 3 filed years

• Operating profit

  -6.2%

  £14,337,934 → £13,453,490

• Profit before tax

  -5.3%

  £14,269,634 → £13,510,035

  lowest in 3 filed years

• Wages

  +15.2%

  £5,663,103 → £6,521,422

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