SABIC UK PETROCHEMICALS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-03 (in 5mo)
Last made up 2025-09-19
Watchouts
None on the register
Cash
£0
Latest balance sheet
Net assets
£604M
+0.8% vs 2023
Employees
335
-6.7% vs 2023
Profit before tax
£19M
+2.2% vs 2023
Name history
Renamed 2 times since incorporation
- SABIC UK PETROCHEMICALS LIMITED 2007-01-02 → present
- HUNTSMAN PETROCHEMICALS (UK) LIMITED 2000-11-28 → 2007-01-02
- HUNTSMAN ICI PETROCHEMICALS (UK) LIMITED 1999-05-05 → 2000-11-28
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 | £222,000,000 | £231,800,000 | |
| Operating profit | £25,600,000 | £26,300,000 | |
| Profit before tax | £18,100,000 | £18,500,000 | |
| Net profit | £20,500,000 | £7,400,000 | |
| Cash | £0 | £0 | |
| Total assets less current liabilities | £847,800,000 | £858,900,000 | |
| Net assets | £599,100,000 | £603,800,000 | |
| Equity | £599,100,000 | £603,800,000 | |
| Average employees | 359 | 335 | |
| Wages | £27,300,000 | £26,900,000 |
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 | 11.5% | 11.3% | |
| Net margin | 9.2% | 3.2% | |
| Return on capital employed | 3.0% | 3.1% | |
| Gearing (liabilities / total assets) | 38.4% | 39.8% | |
| Current ratio | 1.45x | 1.00x | |
| Interest cover | 1.91x | 2.14x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“As a consequence the directors continue to adopt the going concern basis in preparing the annual report and financial statements.”
Significant events
- “The Olefins cracker remains mothballed with the improvement project under construction as at 31 December 2024.”
- “SABIC decided in 2025 to permanently close its Olefins cracker and will now continue running its low density polyethylene plant based on imported ethylene.”
- “During the period ended 30th June 2025, SABIC decided to stop the Olefins cracker improvement capital project and to close its cracker located in Teesside.”
- “On 27th November 2025 there was a winding failure on the re-energisation of the transformer linked to the Company's low density Polyethylene plant which has resulted in the plant being shut down.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 43 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRANT, Ronald Napier | Director | 2008-03-27 | Nov 1957 | British |
| MALAN, Louis Daniel Jordaan | Director | 2026-04-29 | Jul 1974 | British |
| SMITH, Julie | Director | 2026-04-29 | Nov 1971 | British |
Show 43 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUSBY, David John | Secretary | 1999-06-28 | 2000-11-30 |
| CHEATLE, Penelope Anne | Secretary | 1999-05-05 | 1999-06-07 |
| GRAHAM, Christopher | Secretary | 2006-12-29 | 2010-12-31 |
| KAY, John Lawrence | Secretary | 1999-06-07 | 1999-06-28 |
| MAUGHAN, Michael Andrew James | Secretary | 2000-12-01 | 2006-12-29 |
| MIDDLETON, John | Secretary | 2010-12-31 | 2024-02-29 |
| BADAHDAH, Omar Saeed | Director | 2016-12-01 | 2017-10-02 |
| BAZID, Abdullah Saeed Mohammed | Director | 2006-12-29 | 2008-02-01 |
| BOOTH, Paul | Director | 2006-12-29 | 2016-06-30 |
| BRUIJNOOGE, Jan | Director | 2016-12-01 | 2018-01-03 |
| CHEATLE, Penelope Anne | Director | 1999-05-05 | 1999-06-07 |
| CORNES, Peter Leslie, Dr | Director | 1999-06-07 | 1999-06-28 |
| DEN HOLDER, Johan | Director | 2014-02-01 | 2015-08-07 |
| DUCKER, Michael Edward | Director | 2009-12-21 | 2016-03-24 |
| EMERSON, Duncan | Director | 1999-06-28 | 2006-12-29 |
| ESPLIN, Kimo | Director | 1999-06-28 | 2006-12-29 |
| GILLETT, Philip John | Director | 1999-05-05 | 1999-06-07 |
| GRAHAM, Christopher | Director | 2010-01-19 | 2010-12-31 |
| HEALY, Russell | Director | 1999-06-28 | 2006-12-29 |
| HUNTSMAN, Peter Riley | Director | 1999-06-28 | 2006-12-29 |
| KAY, John Lawrence | Director | 1999-06-07 | 1999-06-28 |
| KEENAN, Thomas James | Director | 2004-10-21 | 2006-12-29 |
| LITJENS, Matheus Wilhelmus Garardus | Director | 2006-12-29 | 2009-12-21 |
| MAUGHAN, Michael Andrew James | Director | 2006-12-15 | 2006-12-29 |
| MEESSEN, Hubertus Henricus Josephus | Director | 2008-06-06 | 2009-12-21 |
| MIDDLETON, John Christopher | Director | 2011-01-24 | 2024-02-29 |
| MUELLER, Michael Alfred, Dr | Director | 2009-12-21 | 2012-05-04 |
| NINOW, Kevin John | Director | 1999-10-01 | 2006-12-29 |
| O'NEILL, John Ellison | Director | 2007-04-02 | 2007-12-31 |
| O'NEILL, John Ellison | Director | 2004-10-21 | 2006-12-29 |
| OHALI, Mosaed Sulaiman A Al | Director | 2008-02-01 | 2009-12-21 |
| SHOVLIN, Thomas Anthony | Director | 1999-06-07 | 1999-06-28 |
| SLABBERS, Jacobus Henricus Johanna Maria | Director | 2006-12-29 | 2008-06-06 |
| SMITH, Daren | Director | 2017-10-02 | 2022-06-24 |
| SMITH, Daren James | Director | 2012-05-28 | 2016-06-30 |
| STEWART, Colin | Director | 2009-12-21 | 2011-07-01 |
| THOMPSON, Graham Leslie | Director | 1999-06-28 | 2005-03-22 |
| VAN HAASTEREN, Jacobus Antonius Maria | Director | 2006-12-29 | 2008-06-06 |
| VESTER, Mark Theodor | Director | 2006-12-29 | 2008-03-27 |
| VISSER, Johannes Bernardus Maria | Director | 2022-06-16 | 2026-04-29 |
| WASSON, Alan | Director | 2011-01-24 | 2016-12-01 |
| WATSON, Claire Louise | Director | 2009-12-21 | 2015-12-23 |
| WILLIAMS, Mark Lawrence | Director | 2008-09-25 | 2016-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sabic Tees Holdings Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 178 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-29 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-29 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-28 | AA | accounts | Accounts with accounts type full | |
| 2025-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-09-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-08 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-03-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-18 | AA | accounts | Accounts with accounts type full | |
| 2023-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-26 | AA | accounts | Accounts with accounts type full | |
| 2022-09-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-27 | TM01 | officers | Termination director company with name termination date | |
| 2022-06-17 | AP01 | officers | Appoint person director company with name date | |
| 2021-12-17 | AA | accounts | Accounts with accounts type full | |
| 2021-10-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-05-01 | AA | accounts | Accounts with accounts type full | |
| 2019-10-01 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 2
- 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
+4.4%
£222,000,000 £231,800,000
-
Cash
—
Not reported
-
Net assets
+0.8%
£599,100,000 £603,800,000
-
Employees
-6.7%
359 335
-
Operating profit
+2.7%
£25,600,000 £26,300,000
-
Profit before tax
+2.2%
£18,100,000 £18,500,000
-
Wages
-1.5%
£27,300,000 £26,900,000
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