AGC CHEMICALS EUROPE, LTD.

1. AGC CHEMICALS EUROPE, LTD. 2006-12-18 → present
2. ASAHI GLASS FLUOROPOLYMERS U.K. LIMITED 1999-09-20 → 2006-12-18
3. LAW 2006 LIMITED 1999-08-13 → 1999-09-20

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

Standalone (parent only)

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The parent company has provided a letter of support and will continue to provide the necessary financial support to the Company for at least 12 months from the date of signing these financial statements. The business experienced a fire in October 2024 within the Steam Pyrolysis section of the plant. This caused an outage of 3 months, however, with support from the parent company and due to a healthy finished goods stock position, built for the planned annual outage, the impact to customers was minimal. An insurance claim is ongoing to cover any losses.”

Group structure

1. AGC CHEMICALS EUROPE, LTD. · parent
   1. Fenix Fluor Limited 100% · England · Manufacture of chemicals
   2. AGHOCO 1491 Limited 50% · England · Maintain the electric substation for AGCCE and Victrex PLC

Significant events

• “During the year, the Company disposed of its investment in 100% owned subsidiary AGC Chemicals RUS L.L.C. for nil consideration.”
• “At 31 December 2024, there is a probable likelihood of an inflow of economic benefits to the Company. This is following an incident on 19 October 2024 where a fire occurred at the Company premises. On agreement with their insurance provider, the Company is subsequently measuring and claiming for damages in relation to any income lost directly attributable to this incident. At the year-end, the expected value receivable is uncertain and will not be determined until the end of the assessment period of 12 months from the date of the incident.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -12.3%

  £172,902,000 → £151,626,000

• Cash

  -18.1%

  £6,708,000 → £5,494,000

• Net assets

  -3.5%

  £41,309,000 → £39,882,000

• Employees

  -5.9%

  221 → 208

• Operating profit

  -111%

  £6,504,000 → -£713,000

• Profit before tax

  -127.8%

  £5,662,000 → -£1,574,000

• Wages

  +4%

  £13,182,000 → £13,706,000

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