A. SCHULMAN GAINSBOROUGH LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-15 (in 5mo)
Last made up 2025-10-01
Watchouts
None on the register
Cash
£141K
+58.4% vs 2023
Net assets
£17M
+927.9% vs 2023
Employees
54
-10% vs 2023
Profit before tax
-£22M
-8,067.5% vs 2023
Name history
Renamed 1 time since incorporation
- A. SCHULMAN GAINSBOROUGH LTD 2015-09-15 → present
- ICO (UK) LIMITED 1996-10-09 → 2015-09-15
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £22,723,000 | £21,036,000 | |
| Operating profit | -£1,757,000 | -£19,787,000 | |
| Profit before tax | -£265,000 | -£21,644,000 | |
| Net profit | -£212,000 | -£21,476,000 | |
| Cash | £89,000 | £141,000 | |
| Total assets less current liabilities | -£1,895,000 | £17,079,000 | |
| Net assets | -£2,063,000 | £17,079,000 | |
| Equity | -£2,063,000 | £17,079,000 | |
| Average employees | 60 | 54 | |
| Wages | £2,603,000 | £2,485,000 |
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 | -7.7% | -94.1% | |
| Net margin | -0.9% | -102.1% | |
| Return on capital employed | 92.7% | -115.9% | |
| Current ratio | 0.21x | 1.53x | |
| Interest cover | -1.16x | -10.54x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having considered the financial position of the Group the Directors have no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the Company to continue as a going concern or its ability to fulfil its financial obligations. Thus the Directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- A. SCHULMAN GAINSBOROUGH LTD · parent
- A Schulman Thermoplastic Compounds Limited 100%
Significant events
- “The Company recognised an impairment of £17,705,000 in the fourth quarter relating to unfavourable economic environment for the special powders segment”
- “In quarter 4 2024, the Group recognised a non-cash impairment charge of £2.7 million related to property, plant and equipment within the APS speciality powders business unit.”
- “recognition of a non-cash impairment charge to the Company of £15,000,000 related to the investment held in A Schulman Thermoplastics Compounds Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 38 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CITCO MANAGEMENT (UK) LIMITED | Corporate Secretary | 2019-06-17 | — | — |
| DICKSON, Benjamin John | Director | 2019-03-18 | Oct 1971 | British |
| KALIDAS, Hitesh Jugdish, Mr. | Director | 2021-01-01 | Nov 1988 | British |
Show 38 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRIDLE, Christopher Anthony | Secretary | 2006-09-01 | 2019-06-17 |
| BRISTOW, Derek Roy | Secretary | 2006-09-01 | 2006-09-01 |
| CHICK, Lesley Anne | Nominee Secretary | 1996-10-09 | 1996-10-09 |
| FINCH, Susan | Secretary | 2001-10-31 | 2006-09-01 |
| GRANT, Stuart | Secretary | 1999-07-28 | 2000-10-16 |
| LAMMERS, Lucinus Willem | Secretary | 2000-10-16 | 2001-11-01 |
| VERHOEFF, Theo Johannes Marinus | Secretary | 1996-10-09 | 1999-07-02 |
| BIRO, Jon | Director | 2003-07-18 | 2008-01-11 |
| BRIDLE, Christopher Anthony | Director | 2016-12-01 | 2020-12-01 |
| BRISTOW, Derek Roy | Director | 2006-09-01 | 2010-06-03 |
| CASIMIRO, Isabel | Director | 2015-09-01 | 2016-12-15 |
| CLUYSE, Christoph Jozef | Director | 2017-01-09 | 2018-08-22 |
| CUNNINGHAM, Malcolm James | Director | 2000-03-06 | 2000-10-16 |
| FINCH, Susan | Director | 2001-10-31 | 2006-09-01 |
| GOLLIN, Timothy John | Director | 2001-11-01 | 2003-07-17 |
| GRANT, Stuart | Director | 2000-05-22 | 2000-10-16 |
| GRANT, Stuart | Director | 1996-10-09 | 2000-04-01 |
| HOOGENDAM, Willem Marius Jan | Director | 1999-10-01 | 2000-11-21 |
| JOHNSON, David John | Director | 2015-10-02 | 2016-12-01 |
| KLIENE, John Stuart | Director | 1997-06-09 | 2000-04-30 |
| LAMMERS, Lucinus Willem | Director | 2000-10-16 | 2001-11-01 |
| LEUSCHNER, Bradley Todd | Director | 2008-01-11 | 2010-05-01 |
| LINGNAU, Heinrich Benedikt | Director | 2010-10-01 | 2013-09-11 |
| LINGNAU-SCHNEIDER, Heinrich Benedikt | Director | 2017-02-20 | 2019-03-18 |
| O'SULLIVAN, Christopher Nicholas | Director | 2001-11-01 | 2005-11-30 |
| PACHOLDER, Asher Oscar, Doctor | Director | 1996-10-09 | 2001-10-31 |
| PACHOLDER, Sylvia Ann Hymovitz | Director | 1996-10-09 | 2001-10-31 |
| QURESHI, Muhammad Adil | Director | 2020-12-01 | 2021-01-01 |
| REDDING, Diana Elizabeth | Nominee Director | 1996-10-09 | 1996-10-09 |
| ROEDERER, Frank | Director | 2013-09-11 | 2017-02-20 |
| SAVAGE, Graham Paul | Director | 2007-01-01 | 2010-08-31 |
| SCHOEPFER, Matthieu | Director | 2013-08-01 | 2015-10-02 |
| SPEEK, Petrus Johannes Maria | Director | 2010-10-01 | 2013-08-01 |
| STANWORTH, Robert Paul | Director | 2010-08-19 | 2013-08-01 |
| VAN BORM, Stefan | Director | 2013-09-11 | 2015-09-01 |
| VAN TRIER, Theodorus Johannes Alfonsius | Director | 2000-10-16 | 2001-11-01 |
| VERHOEFF, Theo Johannes Marinus | Director | 1996-10-09 | 1999-07-02 |
| WILSON, Lyndon | Director | 2001-10-31 | 2005-04-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lyondellbasell Industries N.V. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-08-21 | Active |
| Mr Heinrich Lingnau | Individual | right-to-appoint-and-remove-directors-as-firm | 2017-02-20 | Ceased 2019-01-31 |
Filing timeline
Last 20 of 172 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-02 RESOLUTIONS Resolution
- 2025-02-19 RESOLUTIONS Resolution
- 2025-02-19 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-02 | SH20 | capital | Legacy | |
| 2026-01-02 | CAP-SS | insolvency | Legacy | |
| 2026-01-02 | RESOLUTIONS | resolution | Resolution | |
| 2025-10-06 | AA | accounts | Accounts with accounts type full | |
| 2025-10-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-19 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-19 | MA | incorporation | Memorandum articles | |
| 2025-02-17 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2024-12-20 | SH01 | capital | Capital allotment shares | |
| 2024-10-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-09-13 | SH01 | capital | Capital allotment shares | |
| 2023-10-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-22 | AA | accounts | Accounts with accounts type full | |
| 2022-10-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-05 | AA | accounts | Accounts with accounts type full | |
| 2021-10-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-07 | AA | accounts | Accounts with accounts type full | |
| 2021-01-13 | AP01 | officers | Appoint person director company with name date | |
| 2021-01-13 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 4
- 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
-7.4%
£22,723,000 £21,036,000
-
Cash
+58.4%
£89,000 £141,000
-
Net assets
+927.9%
-£2,063,000 £17,079,000
-
Employees
-10%
60 54
-
Operating profit
-1,026.2%
-£1,757,000 -£19,787,000
-
Profit before tax
-8,067.5%
-£265,000 -£21,644,000
-
Wages
-4.5%
£2,603,000 £2,485,000
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