HUNTSMAN ADVANCED MATERIALS (UK) LIMITED

1. HUNTSMAN ADVANCED MATERIALS (UK) LIMITED 2004-02-02 → present
2. VANTICO LIMITED 2000-06-01 → 2004-02-02
3. CIBA SPECIALTY CHEMICALS PERFORMANCE POLYMERS LIMITED 1999-09-17 → 2000-06-01

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors, in their consideration of going concern, have made assessments and considered the ability of the parent to provide this support. Based on these assessments, the intragroup finance arrangements and the letter of support, the directors have a reasonable expectation that the company and the group have adequate resources to continue in operational existence for at least 12 months from the date when the financial statements are authorized for issue. Accordingly, they continue to adopt the going concern basis in preparing the annual report and financial statements.”

Significant events

• “There remains significant uncertainty as to whether the judgements in the Virgin Media vs NTL Pension Trustee case will result in additional liabilities for UK pension schemes, and it is possible that the Department of Work & Pensions will introduce legislation to allow changes to be certified retrospectively.”

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

Filings

5

last 12 months

Capital events

1

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

  +4.5%

  £13,576,000 → £14,181,000

• Cash

  —

  Not reported

• Net assets

  +8.5%

  -£13,849,000 → -£12,672,000

• Employees

  +1.7%

  121 → 123

• Operating profit

  -80.2%

  £2,010,000 → £397,000

• Profit before tax

  -564.9%

  £148,000 → -£688,000

• Wages

  +5.5%

  £5,326,000 → £5,617,000

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