AFTON CHEMICAL LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-02-06 (in 9mo)
Last made up 2026-01-23
Watchouts
None on the register
Cash
£10M
-2.7% vs 2023
Net assets
£205M
-5.1% vs 2023
Employees
198
-6.2% vs 2023
Profit before tax
£81M
+67% vs 2023
Name history
Renamed 2 times since incorporation
- AFTON CHEMICAL LIMITED 2004-06-30 → present
- ETHYL PETROLEUM ADDITIVES LIMITED 1984-08-24 → 2004-06-30
- EDWIN COOPER & COMPANY LIMITED 1975-05-19 → 1984-08-24
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £665,577,000 | £643,323,000 | |
| Operating profit | £46,587,000 | £69,814,000 | |
| Profit before tax | £48,537,000 | £81,042,000 | |
| Net profit | £38,073,000 | £64,004,000 | |
| Cash | £9,857,000 | £9,588,000 | |
| Total assets less current liabilities | £233,568,000 | £226,779,000 | |
| Net assets | £215,626,000 | £204,581,000 | |
| Equity | £215,626,000 | £204,581,000 | |
| Average employees | 211 | 198 | |
| Wages | £14,728,000 | £12,325,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 7.0% | 10.9% | |
| Net margin | 5.7% | 9.9% | |
| Return on capital employed | 19.9% | 30.8% | |
| Gearing (liabilities / total assets) | 29.8% | 32.8% | |
| Current ratio | 3.11x | 2.67x | |
| Interest cover | 41.26x | 59.47x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company meets its day to day working capital requirements through trading cash-flows. After making enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- AFTON CHEMICAL LIMITED · parent
- Afton Cooper Limited 100%
- Afton Chemical North Africa SARL 100%
- Afton Chemical GmbH 100%
Significant events
- “Throughout 2024 Mechanical Testing (Rigs) department underwent decommissioning with around 80% of mechanical rigs equipment relocated to Richmond. Some redundancies (under 10 people) were made.”
- “Afton Chemical LLC was fully liquidated in April 2024 and represents the disposal that occurred in year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CARTER, Lee Anthony | Director | 2023-09-30 | Sep 1978 | British |
| MARTIN, Catherine Charlotte | Director | 2018-06-04 | Apr 1976 | British |
| POOLE, Thomas | Director | 2022-03-01 | Jun 1975 | British |
| WALKER, Andrew David | Director | 2014-02-11 | Feb 1970 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COATES-EVANS, Mark | Secretary | 2012-07-01 | 2014-02-11 |
| GIGG, Trevor John | Secretary | — | 2012-06-30 |
| BURNS, John | Director | 2019-06-01 | 2022-02-22 |
| COATES-EVANS, Mark | Director | 2011-09-01 | 2014-02-11 |
| CROFT, Michael John Francis | Director | 2014-11-27 | 2016-08-08 |
| DONLAN, Kenneth J | Director | 1992-12-16 | 1996-02-29 |
| ELLIS, David Richard | Director | 2010-04-01 | 2023-09-30 |
| ELMORE, Edward Whitehead | Director | — | 1997-11-11 |
| FAGAN, Anthony Francis | Director | 1996-11-01 | 2001-10-01 |
| GIGG, Trevor John | Director | — | 2012-06-30 |
| GOTTWALD, Thomas Edward | Director | — | 2004-06-30 |
| HEATH, Michael John | Director | — | 1992-12-16 |
| KOLLMAN, Ronald Edward | Director | 1996-03-01 | 1996-11-01 |
| LEWIS, Michael Arnost | Director | 2001-10-01 | 2015-04-30 |
| NEW, Particia Eileen | Director | 2004-06-30 | 2010-03-31 |
| WATSON, Harvey | Director | 2016-08-10 | 2018-05-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Afton Chemical Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 166 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-28 | AA | accounts | Accounts with accounts type full | |
| 2025-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-04 | AA | accounts | Accounts with accounts type full | |
| 2024-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-28 | CH01 | officers | Change person director company with change date | |
| 2023-10-13 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-13 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-09 | AA | accounts | Accounts with accounts type full | |
| 2023-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-10 | CH01 | officers | Change person director company with change date | |
| 2022-08-25 | AA | accounts | Accounts with accounts type full | |
| 2022-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-01 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-01 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-12 | AA | accounts | Accounts with accounts type full | |
| 2021-04-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-06 | AA | accounts | Accounts with accounts type full | |
| 2020-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-26 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-3.3%
£665,577,000 £643,323,000
-
Cash
-2.7%
£9,857,000 £9,588,000
-
Net assets
-5.1%
£215,626,000 £204,581,000
-
Employees
-6.2%
211 198
-
Operating profit
+49.9%
£46,587,000 £69,814,000
-
Profit before tax
+67%
£48,537,000 £81,042,000
-
Wages
-16.3%
£14,728,000 £12,325,000
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