UNIGEL (UK) LIMITED

• ◆

  4 officer resignations in last 12 months

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

1. UNIGEL (UK) LIMITED 1995-04-10 → present
2. KROLDALE LIMITED 1995-03-14 → 1995-04-10

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

Consolidated group

Auditor

Kreston Reeves LLP

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 Group's or the parent 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. UNIGEL (UK) LIMITED · parent
   1. Unigel Inc. 100% · United States of America · Manufacture of thixotropic gel.

Significant events

• “The group turnover decreased during the year which was due to a combination of a lower volume of sales in a challenging global market, lower average oil prices and logistics costs.”
• “The company continued to enjoy success entering new markets during the year and expanding its product range.”
• “By continuing to venture into new geographical markets the group hopes to minimise the risk arising from economic fluctuations in particular regions.”
• “The main risks continue to be associated with fluctuations in foreign currency exchange rates, particularly the US Dollar, the fluctuation in the price of oil and logistics costs, rising interest rates, inflationary pressure, disruption from global conflicts and liquidity ratios.”

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

4

last 12 months

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

• Turnover

  -10.3%

  £12,235,950 → £10,981,556

• Cash

  -47.7%

  £344,651 → £180,402

• Net assets

  +5.3%

  £2,151,646 → £2,266,635

• Employees

  -5%

  20 → 19

• Operating profit

  -27.5%

  £326,176 → £236,474

• Profit before tax

  -22.6%

  £333,292 → £257,881

• Wages

  -6.6%

  £718,553 → £671,029

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