BOREALIS UK LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-10 (in 1mo)
Last made up 2025-05-27
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£4M
+35.1% vs 2023
Employees
7
-12.5% vs 2023
Profit before tax
£1M
+73.8% vs 2023
Name history
Renamed 3 times since incorporation
- BOREALIS UK LTD 1994-03-01 → present
- NESTE CHEMICALS UK LIMITED 1985-08-30 → 1994-03-01
- UNIFOS U.K. LIMITED 1978-12-31 → 1985-08-30
- STALKMAN LIMITED 1978-09-07 → 1978-12-31
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 | £172,362,416 | £174,151,199 | |
| Operating profit | £1,263,115 | £2,132,741 | |
| Profit before tax | £816,891 | £1,419,948 | |
| Net profit | £614,864 | £1,070,815 | |
| Cash | — | — | |
| Total assets less current liabilities | £3,216,772 | £4,280,174 | |
| Net assets | £3,049,186 | £4,120,001 | |
| Equity | £3,049,186 | £4,120,001 | |
| Average employees | 8 | 7 | |
| Wages | £1,149,694 | £962,935 |
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 | 0.7% | 1.2% | |
| Net margin | 0.4% | 0.6% | |
| Return on capital employed | 39.3% | 49.8% | |
| Gearing (liabilities / total assets) | 83.8% | 82.0% | |
| Current ratio | 1.19x | 1.23x | |
| Interest cover | 1.53x | 2.11x |
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
- Rödl & Partner Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are comfortable to conclude that the current operating environment does not negatively impact Borealis UK Ltd.'s ability to continue as a going concern. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “On March 3, 2025, OMV and ADNOC agreed to combine their polyolefins businesses, creating a new joint venture, Borouge Group International. Upon completion of this transaction, the ultimate owner of Borealis UK Ltd. will change from OMV Aktiengesellschaft to Borouge Group International. The upcoming change does not have a financial impact on the Company as of the date of these financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| A G SECRETARIAL LIMITED | Corporate Secretary | 1999-07-07 | — | — |
| MCARDLE, Christopher Philip | Director | 2025-10-03 | Jul 1974 | British |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOGSNES, Bjarte | Secretary | 1994-03-08 | 1996-01-01 |
| BOGSNES, Bjarte | Secretary | — | 1996-01-01 |
| COLSON, Alfred | Secretary | — | 1994-11-03 |
| KIHLMAN, Rabbe | Secretary | — | 1992-10-22 |
| LINDH, Dam Bror Henrik | Secretary | 1992-10-22 | 1993-02-03 |
| NIELSEN, Gunnar | Secretary | 1996-01-01 | 1999-07-01 |
| BOGSNES, Bjarte | Director | 1994-03-08 | 1999-07-01 |
| BUCHT, Harri | Director | 1995-03-01 | 1999-07-01 |
| BYFELDT, Hans | Director | 1999-07-01 | 2003-11-10 |
| CARPENTER, Martin | Director | — | 1991-10-30 |
| CARTER, David George | Director | 2002-05-01 | 2006-01-01 |
| CARTER, David George | Director | 1999-01-01 | 2000-03-01 |
| COLSON, Alfred | Director | 1993-02-03 | 1994-03-08 |
| COPE, Michael Douglas | Director | — | 1998-09-30 |
| FRANCK, Thomas Gustaf | Director | 1992-10-22 | 1994-03-08 |
| FRANCO, Thomas | Director | — | 1991-10-31 |
| GOPFERT, Wolfgang | Director | 1999-07-01 | 2009-07-08 |
| HANACEK, Martin | Director | 2009-07-08 | 2019-04-24 |
| KOLFELT, Bjorn Inge | Director | — | 1994-03-08 |
| NIXON, Robert Andrew | Director | 2006-03-27 | 2024-06-30 |
| SPERLE, Henry | Director | 1994-03-08 | 1994-11-03 |
| SVENSSON, Sven Bertil | Director | 1994-03-08 | 1995-02-28 |
| SYSIO, Kyosti | Director | 1991-11-06 | 1992-10-22 |
| WEBSTER, John Martin | Director | 2019-12-06 | 2025-10-22 |
| WEBSTER, John Martin | Director | 2000-03-01 | 2002-05-01 |
| WEBSTER, John Martin | Director | 1996-01-01 | 1997-02-28 |
| WELCH, Christopher Kevin | Director | 1997-03-01 | 1998-12-31 |
| WIINHOLT, Marianne | Director | 1999-07-01 | 2004-01-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Omv Aktiengesellschaft | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-10-29 | Active |
Filing timeline
Last 20 of 165 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-21 | AA | accounts | Accounts with accounts type full | |
| 2024-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-06 | AA | accounts | Accounts with accounts type full | |
| 2024-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-01 | AA | accounts | Accounts with accounts type full | |
| 2023-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-06 | AA | accounts | Accounts with accounts type full | |
| 2021-06-08 | AA | accounts | Accounts with accounts type full | |
| 2021-05-27 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-05-27 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2021-05-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-11-04 | AUD | auditors | Auditors resignation company | |
| 2020-10-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-07-13 | AA | accounts | Accounts with accounts type full | |
| 2019-12-20 | AP01 | officers | Appoint person director company with name date | |
| 2019-10-25 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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
+1%
£172,362,416 £174,151,199
-
Cash
—
Not reported
-
Net assets
+35.1%
£3,049,186 £4,120,001
-
Employees
-12.5%
8 7
-
Operating profit
+68.8%
£1,263,115 £2,132,741
-
Profit before tax
+73.8%
£816,891 £1,419,948
-
Wages
-16.2%
£1,149,694 £962,935
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