INOVYN CHLORVINYLS LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. INOVYN CHLORVINYLS LIMITED 2015-06-26 → present
2. INEOS CHLORVINYLS LIMITED 2011-06-28 → 2015-06-26
3. INEOS CHLOR LIMITED 2000-12-08 → 2011-06-28
4. MAWLAW 519 LIMITED 2000-09-11 → 2000-12-08

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, the directors have a reasonable expectation that the parent's going concern assessment confirms that there is sufficient forecast committed liquidity headroom for the parent to provide this support and the Company will therefore have adequate resources to continue in operational existence for the foreseeable future. Accordingly, the Company continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. INOVYN CHLORVINYLS LIMITED · parent
   1. INOVYN Americas Inc 100% · USA · Purchase and resale of chemicals
   2. INEOS Chlor Trustees Limited 100% · England · Pension Fund Trustee
   3. EVC Pension Trustees Limited 100% · England · Pension Fund Trustee
   4. INOVYN Energy Limited 100% · England · Holding Company
   5. INOVYN Services Limited 100% · England · Non-trading
   6. Keuper Gas Storage Limited 100% · England · Non-trading

Significant events

• “Effective on 1 November, 2024, the Company acquired the trade and assets of INEOS Enterprises Group Limited, including its subsidiary, Keuper Gas Storage Limited. The acquired trade is engaged in the manufacture of salt at Runcorn, United Kingdom and the acquired subsidiary company is engaged in gas storage activities. The purchase price of £1 will remain outstanding.”
• “The provision for the mercury cell room based in Runcorn was increased in 2024 by £10.6 million with respect to the planned demolition, inclusive of the safe disposal of hazardous waste and elemental mercury. The increase reflects the Company's understanding of the requirements to complete the demolition project.”
• “During 2024, £2.4 million was utilized related to dismantling provisions for the Weston Point Power Station.”
• “During 2024, the Company acquired the business and assets of INEOS Enterprises Group Limited which included a £4.1m provision for the decommissioning and demolition of the Sulphuric Acid assets, the provision is expected to be fully utilised by the end of 2026.”

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

Filings

12

last 12 months

Capital events

2

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -20.6%

  £341,300,000 → £271,000,000

• Cash

  +59.3%

  £8,600,000 → £13,700,000

• Net assets

  +11.5%

  £276,800,000 → £308,500,000

• Employees

  -1.3%

  629 → 621

• Operating profit

  -67.2%

  £94,400,000 → £31,000,000

• Profit before tax

  -65.4%

  £97,500,000 → £33,700,000

• Wages

  -10.4%

  £41,300,000 → £37,000,000

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