SABIC UK LIMITED

1. SABIC UK LIMITED 2003-12-31 → present
2. STAMYLAN UK LIMITED 2002-06-12 → 2003-12-31
3. DSM PETROCHEMICALS UK LIMITED 2001-11-15 → 2002-06-12
4. BRABCO NO: 130(2001) LIMITED 2001-08-02 → 2001-11-15

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The director has considered the Company's current and future prospects and the Company's availability of financing through the going concern assessment for a period of 12 months from the date of approval of these financial statements. The Company is party to a cash pooling arrangement and as such is therefore dependent upon the continuing support of the group. The director has obtained a letter of support from SABIC International Holdings BV confirming that they will provide support if needed to the Company for a period of 12 months from the date of approval of these financial statements. The director has assessed the ability of SABIC International Holdings BV to provide this support and have no concerns. The director is therefore satisfied that the Company can continue to pay its liabilities as they fall due for a period of at least 12 months from approval of these financial statements. For this reason, the director continues to adopt the going concern basis of preparation for these financial statements.”

Significant events

• “A dividend of £3,000,000 has been proposed and approved for payment in 2025.”
• “The Court of Appeal released a judgement on 25 July 2024 which confirms a previous judgement of the High Court dated 16 June 2023 in the case of Virgin Media v NTL Trustees.”
• “on June 5th the Department of Work and Pensions issued a statement that legislation would be put in place to give pension schemes the ability to retrospectively obtain written confirmation that historic benefit changes met the necessary standards.”

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

Filings

2

last 12 months

Capital events

0

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

  -2.4%

  £2,496,000 → £2,436,000

• Cash

  -17.2%

  £250,000 → £207,000

• Net assets

  +53.8%

  £3,000,000 → £4,613,000

• Employees

  -14.3%

  7 → 6

• Operating profit

  -18.5%

  £1,393,000 → £1,135,000

• Profit before tax

  -1.7%

  £2,298,000 → £2,259,000

• Wages

  +6.7%

  £505,000 → £539,000

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