THOR SPECIALITIES (UK) LIMITED

• ◆

  3 officer resignations in last 12 months

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

1. THOR SPECIALITIES (UK) LIMITED 1999-07-15 → present
2. THOR CHEMICALS (UK) LIMITED 1983-10-14 → 1999-07-15

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

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company produces a detailed cashflow forecast which covers more than twelve months from the date of the financial statements and a summarised five-year plan. Based on these, as well as the current financial resources and expected trading patterns, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Therefore, they continue to adopt the going concern basis for accounting in preparing the annual financial statements. In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. THOR SPECIALITIES (UK) LIMITED · parent
   1. Thor Chemicals India Private Limited 99% · India · started trading in June 2023

Significant events

• “Earlier sales between Thor UK and Indian customers were transferred to the new subsidiary Thor India who supplied the market.”
• “group investments into sustainability and compliance management.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -3.8%

  £68,760,000 → £66,122,000

• Cash

  +187.4%

  £1,920,000 → £5,518,000

• Net assets

  +0.4%

  £83,998,000 → £84,371,000

• Employees

  -1%

  102 → 101

• Operating profit

  -72%

  £3,841,000 → £1,075,000

• Profit before tax

  -47.9%

  £6,724,000 → £3,506,000

• Wages

  +2.6%

  £5,818,000 → £5,967,000

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