CYTEC ENGINEERED MATERIALS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-26 (in 6mo)
Last made up 2025-11-12
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£230M
-9.9% vs 2023
Employees
522
+2.8% vs 2023
Profit before tax
-£24M
-185.8% vs 2023
Name history
Renamed 3 times since incorporation
- CYTEC ENGINEERED MATERIALS LIMITED 2001-10-01 → present
- CYTEC FIBERITE LIMITED 1997-10-30 → 2001-10-01
- CYTEC AEROSPACE LIMITED 1993-10-05 → 1997-10-30
- SIMCO 560 LIMITED 1993-09-08 → 1993-10-05
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 | £148,688,000 | £166,000,000 | |
| Operating profit | £33,938,000 | -£24,491,000 | |
| Profit before tax | £28,094,000 | -£24,107,000 | |
| Net profit | £26,745,000 | -£24,457,000 | |
| Cash | — | — | |
| Total assets less current liabilities | £256,317,000 | £232,511,000 | |
| Net assets | £255,478,000 | £230,190,000 | |
| Equity | £255,478,000 | £230,190,000 | |
| Average employees | 508 | 522 | |
| Wages | £25,014,000 | £27,132,000 |
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 | 22.8% | -14.8% | |
| Net margin | 18.0% | -14.7% | |
| Return on capital employed | 13.2% | -10.5% | |
| Current ratio | 0.17x | 0.29x | |
| Interest cover | 5.59x | -4.81x |
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
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company utilises treasury facilities provided to it by financing entities, which are subsidiaries of Syensqo S.A.. As the Company is reliant on these group funding arrangements, a letter of support from Syensqo S.A. has been obtained, confirming they will provide this support to 31 December 2026.”
Group structure
- CYTEC ENGINEERED MATERIALS LIMITED · parent
- Umeco Limited 100%
- Cytec Industrial Materials (Derby) Limited 100%
- Cytec Industrial Materials (Manchester) Limited 100%
- Cytec Industries BV 100%
- Cytec Engineered Materials GmbH 90%
- Solvay (Thailand) Ltd 100%
- Cytec Engineered Materials (Shanghai) Co Ltd 100%
- Mandla Services SPRL 99%
- Cytec India Speciality Chemicals & Materials Pvt Ltd 25.1%
- Syensqo Central Asia LLC 1%
Significant events
- “On 24 February 2022, the Government of Russia launched a large-scale military operation in Ukraine. As a result, the international community imposed sanctions on Russia; which in tum prompted the Russian government to impose sanctions against some countries, including those in the European Union creating turmoil in the energy markets, raw materials sourcing, financing and banking systems.”
- “More recent are the imposition of US tariffs on UK goods impacting the economy affecting sectors like manufacturing and consumer goods. These tariffs increase costs for UK exporters, reducing their competitiveness in the US market and potentially leading to decreased sales and revenue.”
- “On 22 February 2024, the fully owned subsidiaries, Cytec Industrial Materials (Manchester) Limited (CIMM) and Umeco Limited carried out a capital reduction scheme by way of a conversion of all shares and share premium with the exception of £1 to distributable reserves. The companies became dormant, awaiting liquidation in 2027.”
- “Umeco Composites Limited was liquidated on the 8 April 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARLAND, Shima Rad | Secretary | 2024-03-23 | — | — |
| DAIN, Mark St.John | Director | 2022-08-03 | Jun 1967 | British |
| GREEN, Darren Clint | Director | 2025-08-14 | Nov 1967 | British |
| MOORE, Benjamin | Director | 2016-09-06 | Mar 1973 | British |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GOYENS, Mark | Secretary | 1995-09-26 | 1997-02-28 |
| IAPICHINO, Alex | Secretary | 2023-03-09 | 2024-03-22 |
| MURPHY, Alison | Secretary | 2016-09-06 | 2022-01-01 |
| RAD, Shima | Secretary | 2022-01-01 | 2023-03-09 |
| SCHIEBROEK, Ad | Secretary | 1997-02-28 | 2007-10-04 |
| SCHRODER, Johannes Hendrick | Secretary | 1993-10-20 | 1995-09-26 |
| PINSENT MASONS SECRETARIAL LIMITED | Corporate Secretary | 1994-05-26 | 2016-08-23 |
| SIMCO COMPANY SERVICES LIMITED | Corporate Nominee Secretary | 1993-09-08 | 1993-10-20 |
| BRINE, Barry | Director | 1993-10-20 | 1999-07-30 |
| CRONIN, James Patrick | Director | 1993-10-20 | 2007-06-01 |
| DELPECH, Simon Marcel | Director | 2014-05-31 | 2020-07-15 |
| DODWELL, Andrew Nicholas | Director | 2002-09-23 | 2005-04-15 |
| HULLIGAN, Michael | Director | 2007-02-27 | 2014-05-31 |
| MOLYNEUX, Michael | Director | 1993-10-20 | 2002-01-31 |
| NORRIS, Jonathan David | Director | 2021-04-12 | 2025-05-30 |
| POWERS, Gregory | Director | 2009-11-01 | 2013-05-16 |
| SCHIEBROEK, Ad | Director | 2007-10-04 | 2021-05-01 |
| SMITH, Roy Douglas | Director | 2002-09-23 | 2016-09-06 |
| SNYDER, David Andrew | Director | 2005-05-24 | 2008-01-01 |
| SWADDLE, Raymond | Director | 2008-01-01 | 2009-10-31 |
| WOOD, William Glen | Director | 1999-08-04 | 2002-09-23 |
| SIMCO DIRECTOR A LIMITED | Corporate Nominee Director | 1993-09-08 | 1993-10-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cytec Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 140 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-08-25 RESOLUTIONS Resolution
- 2022-08-25 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-31 | AA | accounts | Accounts with accounts type full | |
| 2025-08-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-03-25 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-03-25 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-12-23 | AA | accounts | Accounts with accounts type full | |
| 2023-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-31 | CH03 | officers | Change person secretary company with change date | |
| 2023-10-31 | CH01 | officers | Change person director company with change date | |
| 2023-03-13 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-03-13 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-02-09 | AA | accounts | Accounts with accounts type full | |
| 2022-12-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-08-25 | RESOLUTIONS | resolution | Resolution | |
| 2022-08-25 | MA | incorporation | Memorandum articles | |
| 2022-08-04 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-01 | AA | accounts | Accounts with accounts type full |
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
+11.6%
£148,688,000 £166,000,000
-
Cash
—
Not reported
-
Net assets
-9.9%
£255,478,000 £230,190,000
-
Employees
+2.8%
508 522
-
Operating profit
-172.2%
£33,938,000 -£24,491,000
-
Profit before tax
-185.8%
£28,094,000 -£24,107,000
-
Wages
+8.5%
£25,014,000 £27,132,000
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