ATUL EUROPE LIMITED

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

TWP Accounting LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group and Company have positive cash reserves, working capital and net current assets, this will further strengthen the financial stability of the company. Hence, there will be adequate cash headroom. The Company focuses on negotiating new deals, securing new contracts and retaining active customers. The funding of the Group and Company is principally through customer receivables as they fall due and intercompany balances from the Company's parent. The Group and Company's ultimate parent has confirmed that the Company may flex repayments of the intercompany balances as required in order to meet its financial liabilities as they fall due and has confirmed that it will provide financial support to enable the Group and Company to meet their financial commitments for a period of at least 12 months from the date of approval of the financial statements. On that basis we consider the going concern basis of preparation to be appropriate.”

Group structure

1. ATUL EUROPE LIMITED · parent
   1. D.P.D. Limited 98% · United Kingdom · Horticulture and cultivation
   2. Atul Ireland Ltd 100% · Ireland · Trading sales

Significant events

• “The overall Sales declined primarily due to the reduced consumption of 1,3 Cyclo Hexane by a key customer, Syngenta.”
• “Production of BHT shifted from Europe to China owing to high energy cost, resulting in loss of p-Cresol business.”
• “The global supply chain disruption aggravated by the continuous instability and conflict in the Middle East and the Gulf area attributed in lower sales specifically in the last quarter.”
• “The year has seen continued high demand in our markets within Iraq and Egypt where food security and re-construction projects have channelled significant demand for supply of DPD's main production varieties.”

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

Filings

3

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

  -9.6%

  £14,838,029 → £13,410,032

• Cash

  +9.6%

  £824,385 → £903,696

• Net assets

  +2.5%

  £9,970,643 → £10,220,492

• Employees

  +3%

  67 → 69

• Operating profit

  +3.1%

  £1,265,111 → £1,304,183

• Profit before tax

  +4.7%

  £1,246,100 → £1,304,719

• Wages

  +1.2%

  £2,066,022 → £2,091,412

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