HUNTSMAN CORPORATION UK LIMITED

1. HUNTSMAN CORPORATION UK LIMITED 1994-03-09 → present
2. ESCORTGROW PROJECTS LIMITED 1994-02-15 → 1994-03-09

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The current economic climate is impacting the company as outlined in the Strategic Report. The company has no external debt but is financed through an intercompany cash pooling arrangement. A letter of support has been received from Huntsman International LLC confirming its commitment to provide necessary financial support to the company as may be required for at least 12 months from the date of signing the financial statements. The directors are not aware of any reasonably possible circumstances that would impact on the ability of Huntsman International LLC to provide the funds required for the company to remain in operation for the foreseeable future taking into account reasonable possible changes in trading performance. As a result, the directors have concluded that the company remains a going concern.”

Group structure

1. HUNTSMAN CORPORATION UK LIMITED · parent
   1. Huntsman Trustees Limited 100% · Llanelli Plant, Bynea, Llanelli, Dyfed, Wales, SA14 9TE · dormant

Significant events

• “Between 2010 and the end of 2024 site production has doubled through continued capital investment and the introduction of new products to the site's portfolio.”
• “The company defined benefit pension was closed for new joiners on 31 December 2011 and for future service accrual closed for existing members on 29 February 2012.”
• “The company has agreed a deficit repayment plan with the Plan Trustee which aims to remove the defined benefit pension deficit by 29 February 2024. The deficit payments ceased at that date and there is no longer a recovery plan in place.”
• “Huntsman Corporation UK Limited is aware of the 2023 ruling in the Virgin Media vs NTL Pension Trustee case and subsequent court of appeal ruling published in July 2024. These ruled that certain amendments made to the NTL Pension Plan were invalid because they were not accompanied by the correct actuarial confirmation.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -10.2%

  £18,226,000 → £16,360,000

• Cash

  —

  Not reported

• Net assets

  +8.2%

  £39,754,000 → £42,998,000

• Employees

  -3.8%

  53 → 51

• Operating profit

  -26.3%

  £3,985,000 → £2,936,000

• Profit before tax

  -16%

  £4,862,000 → £4,086,000

• Wages

  -2.4%

  £2,844,000 → £2,775,000

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