HUNTSMAN POLYURETHANES (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-08 (in 1y)
Last made up 2026-04-24
Watchouts
None on the register
Cash
£649K
Latest balance sheet
Net assets
£182M
-4% vs 2023
Employees
79
-3.7% vs 2023
Profit before tax
-£2M
-121.9% vs 2023
Name history
Renamed 1 time since incorporation
- HUNTSMAN POLYURETHANES (UK) LIMITED 2000-12-18 → present
- HUNTSMAN ICI POLYURETHANES (UK) LIMITED 1999-05-05 → 2000-12-18
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 | £32,972,000 | £19,983,000 | |
| Operating profit | £808,000 | -£9,180,000 | |
| Profit before tax | £7,922,000 | -£1,738,000 | |
| Net profit | £7,731,000 | -£5,822,000 | |
| Cash | — | £649,000 | |
| Total assets less current liabilities | £193,453,000 | £185,654,000 | |
| Net assets | £189,546,000 | £182,010,000 | |
| Equity | £189,546,000 | £182,010,000 | |
| Average employees | 82 | 79 | |
| Wages | £5,548,000 | £5,191,000 |
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 | 2.5% | -45.9% | |
| Net margin | 23.4% | -29.1% | |
| Return on capital employed | 0.4% | -4.9% | |
| Current ratio | 8.58x | 8.43x | |
| Interest cover | 1.58x | -16.84x |
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
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company's business activities, together with the factors likely to affect its future development, performance and position are set out in the strategic report on page 2. The strategic report also sets out the principal risks and uncertainties facing the company. The company has no external debt but is financed by through an intercompany loan and 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 the next twelve months.”
Group structure
- HUNTSMAN POLYURETHANES (UK) LIMITED · parent
- Huntsman International Europe Limited 100%
- Huntsman Polyurethanes Sales Limited 100%
- Huntsman Polyurethanes (UK) Ventures Limited 100%
- Huntsman Pension Trustees Limited 100%
Significant events
- “On 15th October 2025 there was a board meeting held and the directors approved that the Company reduces its share capital from £129,345,378 to £1 by cancelling and extinguishing 129,345,377 Shares (Reduction), the amount by which the share capital is reduced to be credited to a reserve, so that the Company has sufficient distributable reserves to carry out the Distribution.”
- “On 13 March 2025, the trustees of the HPS scheme entered a buy-in contract with the Prudential Assurance Company Ltd. The agreed premium to be paid out of the scheme's asset was £204.6 million with no additional funding required from the company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHIPMAN, John Steven | Director | 2017-07-27 | May 1968 | British |
| TODD, Sarah Louise | Director | 2023-02-28 | Mar 1966 | British |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUSBY, David John | Secretary | 1999-06-28 | 2000-12-31 |
| CHEATLE, Penelope Anne | Secretary | 1999-05-05 | 1999-06-28 |
| GILLILAND, David Jeremy | Secretary | 2012-10-31 | 2014-10-01 |
| HALL, Karen Rachel | Secretary | 2017-07-27 | 2022-03-31 |
| MAUGHAN, Michael Andrew James | Secretary | 2001-01-01 | 2012-10-31 |
| PHILLIPSON, Richard Justin James | Secretary | 2014-10-02 | 2017-08-07 |
| CHEATLE, Penelope Anne | Director | 1999-05-05 | 1999-06-25 |
| DIXON, Michael Christopher | Director | 2006-12-15 | 2017-07-01 |
| DOWSON, Peter | Director | 2022-03-31 | 2023-08-28 |
| EMERSON, Duncan | Director | 1999-10-01 | 2017-01-30 |
| ESPLIN, Kimo | Director | 1999-06-28 | 2016-12-31 |
| GILLETT, Philip John | Director | 1999-05-05 | 1999-06-28 |
| GILLILAND, David Jeremy | Director | 2012-10-31 | 2014-10-01 |
| HALL, Karen Rachel | Director | 2017-07-21 | 2022-03-31 |
| HEALY, Russell | Director | 1999-06-28 | 2012-02-20 |
| HODGSON, Gary Robert | Director | 2017-07-21 | 2023-02-28 |
| HUNTSMAN, Peter Riley | Director | 1999-06-28 | 2014-09-01 |
| KEENAN, Thomas James | Director | 2004-10-21 | 2009-06-02 |
| KNAPTON, Martin Anthony | Director | 2023-09-22 | 2025-06-30 |
| MAUGHAN, Michael Andrew James | Director | 2006-12-15 | 2012-10-31 |
| NINOW, Kevin John | Director | 1999-10-01 | 2009-05-29 |
| O'NEILL, John Ellison | Director | 2004-10-21 | 2006-12-29 |
| PHILLIPSON, Richard Justin James | Director | 2014-10-02 | 2017-08-07 |
| THOMPSON, Graham Leslie | Director | 1999-06-25 | 2005-03-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Huntsman (Holdings) Uk | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 161 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-10-16 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-27 | AA | accounts | Accounts with accounts type full | |
| 2025-10-16 | SH20 | capital | Legacy | |
| 2025-10-16 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-10-16 | CAP-SS | insolvency | Legacy | |
| 2025-10-16 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-20 | AA | accounts | Accounts with accounts type full | |
| 2024-05-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-03 | AA | accounts | Accounts with accounts type full | |
| 2024-01-02 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-01-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-09-23 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-25 | AD02 | address | Change sail address company with old address new address | |
| 2023-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-01 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-01 | AP01 | officers | Appoint person director company with name date | |
| 2022-10-01 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 2
- Officers appointed
- 0
- 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
-39.4%
£32,972,000 £19,983,000
-
Cash
—
Not reported
-
Net assets
-4%
£189,546,000 £182,010,000
-
Employees
-3.7%
82 79
-
Operating profit
-1,236.1%
£808,000 -£9,180,000
-
Profit before tax
-121.9%
£7,922,000 -£1,738,000
-
Wages
-6.4%
£5,548,000 £5,191,000
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