SIP LIMITED
Get an alert when SIP LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-28 (in 1mo)
Last made up 2025-06-14
Watchouts
None on the register
Cash
£106K
-92.7% vs 2023
Net assets
£6M
+6.1% vs 2023
Employees
20
-4.8% vs 2023
Profit before tax
£603K
+134.2% vs 2023
Name history
Renamed 1 time since incorporation
- SIP LIMITED 1987-12-16 → present
- RAPID 4203 LIMITED 1987-10-30 → 1987-12-16
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £32,477,406 | £40,266,621 | |
| Operating profit | — | — | — | £348,397 | £730,994 | |
| Profit before tax | — | — | — | £257,608 | £603,417 | |
| Net profit | — | — | — | £150,676 | £524,914 | |
| Cash | — | — | — | £1,460,323 | £106,375 | |
| Total assets less current liabilities | — | — | — | £5,678,083 | £6,005,486 | |
| Net assets | — | — | — | £5,305,462 | £5,630,376 | |
| Equity | — | — | — | £5,305,462 | £5,630,376 | |
| Average employees | — | — | — | 21 | 20 | |
| Wages | — | — | — | £2,065,939 | £2,533,855 |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 1.1% | 1.8% | |
| Net margin | — | — | — | 0.5% | 1.3% | |
| Return on capital employed | — | — | — | 6.1% | 12.2% | |
| Gearing (liabilities / total assets) | — | — | — | 53.0% | 54.7% | |
| Current ratio | — | — | — | 2.00x | 1.92x | |
| Interest cover | — | — | — | 3.84x | 5.61x |
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 102
- Reporting scope
- Standalone (parent only)
- Auditor
- TC Group
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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
- SIP LIMITED · parent
- SIP Oils and Fluids Europe BV 100%
Significant events
- “SIP has delivered a significant upturn in results for 2024, and is well positioned for growth in 2025.”
- “SIP's continuing strategy is to grow organically using our unique strengths of technical knowledge, agility, and supply options.”
- “SIP continues their sustainability and net-zero efforts through achieving the standards measured by Ecovadis Gold. SIP achieved Cyber Essentials Plus.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COLCORD, Andrew Jonathan | Director | 2018-10-11 | Jan 1967 | American |
| COLCORD, Francis Carlton | Director | 2002-10-01 | Feb 1963 | American |
| HIND, Michael Kenneth Douglas | Director | — | Apr 1942 | British |
| OLIVER, Suzanna Jane | Director | 2021-06-01 | Jun 1964 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARNOLD, William Conrad Frank | Secretary | — | 1993-05-17 |
| BLACKBURN, Alfred | Secretary | 1993-05-17 | 2016-03-31 |
| ARNOLD, William Conrad Frank | Director | — | 1993-05-17 |
| ARTHEY, Robert Michael | Director | 2018-08-01 | 2021-06-14 |
| COLCORD, Francis Carlton | Director | — | 2011-09-30 |
| HAYLEY, Alec William | Director | 2001-06-20 | 2002-03-01 |
| IBBOTSON, Martin | Director | 2016-02-01 | 2017-08-16 |
| ISAACS, Geoffrey Lewis | Director | 1995-07-01 | 2002-09-13 |
| LARKIN, Kerry Alison | Director | 2016-01-01 | 2019-09-27 |
| SPENCER, Stephen John | Director | 2001-02-21 | 2023-03-31 |
| TASCHE, Tobias | Director | 2020-08-01 | 2022-12-09 |
| WISEMAN, Kenneth John | Director | 1995-11-17 | 2000-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Michael Kenneth Douglas Hind | Individual | Shares 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 158 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-10 | CH01 | officers | Change person director company with change date | |
| 2026-01-09 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-25 | AA | accounts | Accounts with accounts type full | |
| 2025-07-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-04 | CH01 | officers | Change person director company with change date | |
| 2024-05-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-04-19 | AA | accounts | Accounts with accounts type full | |
| 2024-01-18 | AAMD | accounts | Accounts amended with accounts type full | |
| 2023-12-19 | AA | accounts | Accounts with accounts type full | |
| 2023-11-01 | CH01 | officers | Change person director company with change date | |
| 2023-11-01 | CH01 | officers | Change person director company with change date | |
| 2023-11-01 | CH01 | officers | Change person director company with change date | |
| 2023-11-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-09-26 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-12-15 | TM01 | officers | Termination director company with name termination date | |
| 2022-08-09 | AA | accounts | Accounts with accounts type full | |
| 2022-06-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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
+24%
£32,477,406 £40,266,621
-
Cash
-92.7%
£1,460,323 £106,375
-
Net assets
+6.1%
£5,305,462 £5,630,376
-
Employees
-4.8%
21 20
-
Operating profit
+109.8%
£348,397 £730,994
-
Profit before tax
+134.2%
£257,608 £603,417
-
Wages
+22.6%
£2,065,939 £2,533,855
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