INVISTA TEXTILES (U.K.) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-23 (in 5mo)
Last made up 2025-10-09
Watchouts
Cash
£386M
+13.3% vs 2023
Net assets
£1B
-4.9% vs 2023
Employees
196
-2% vs 2023
Profit before tax
£57M
+166.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 2 times since incorporation
- INVISTA TEXTILES (U.K.) LIMITED 2004-04-30 → present
- INVISTA (U.K.) LIMITED 2003-09-03 → 2004-04-30
- DU PONT TEXTILES & INTERIORS (U.K.) LIMITED 2002-10-09 → 2003-09-03
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £621,429,948 | £766,332,098 | |
| Operating profit | -£117,948,851 | £12,785,767 | |
| Profit before tax | -£86,214,974 | £57,051,149 | |
| Net profit | -£84,326,909 | £54,551,520 | |
| Cash | £340,518,162 | £385,968,866 | |
| Total assets less current liabilities | £1,188,798,369 | £1,191,160,860 | |
| Net assets | £1,145,753,892 | £1,089,676,798 | |
| Equity | £1,145,753,892 | £1,089,676,798 | |
| Average employees | 200 | 196 | |
| Wages | £10,194,218 | £10,687,176 |
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 | -19.0% | 1.7% | |
| Net margin | -13.6% | 7.1% | |
| Return on capital employed | -9.9% | 1.1% | |
| Current ratio | 4.75x | 8.47x | |
| Interest cover | -236.78x | 12.88x |
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
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. INV Holding Investments US, LLC the indirect parent of INVISTA Textiles UK Limited has committed to support the Company for at least the next 12 months if necessary. Thus, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- INVISTA TEXTILES (U.K.) LIMITED · parent
- INVISTA Textiles (U.K.) Trustee Company Ltd 100%
- Koch Technology Solutions UK Ltd 100%
- INVISTA Fibers (Shanghai) Company Ltd 100%
- INVISTA (China) Investment Co. Ltd 100%
- CH Hong Kong Holdings IV Limited 100%
- KoSa France Holdings S.A.S 100%
- INVISTA Management (Shanghai) Company Limited 100%
- INVISTA Sales & Service (Shanghai) Co., Ltd 100%
- INVISTA Trading (Shanghai) Company Limited 100%
- INVISTA Nylon Chemical (China) Co. Ltd 100%
- INVISTA (China) Investment Co. Ltd Shanghai Yangpu Branch 100%
- INVISTA Management (Shanghai) Company Ltd Yang Pu Branch 100%
Significant events
- “In 2024, INVISTA Textiles (U.K.) Limited completed the acquisition of KoSa France Holdings S.A.S, a subsidiary previously owned by INVISTA France Investments S.à r.l., an entity within the Group. The transaction price set at $130,622,759.”
- “In April 2024, management announced its intent to explore strategic alternatives for its nylon fibers business. This included airbag and industrial fibers assets, intellectual property relating to fiber business and the manufacturing plant located in Gloucester. At 31 December 2024, the nylon fibers business was classified as a disposal group held for sale and as a discontinued operation.”
- “In January 2024, the Company entered into an agreement to sell the defined benefit pension scheme through a two-step buy-out transaction. The buy-out step was finalized in December 2024 when transfer of the scheme liabilities was made to the insurer.”
- “On 31 March 2025, the Company sold all its shares in Koch Technology Solutions UK Limited to Koch Engineered Solutions Investments UK Ltd for the consideration of $103,000,000.”
- “On 31 March 2025, INVISTA (U.K.) Holdings Limited distributed all assets and liabilities to its direct parent INVISTA (U.K.) Superior Holdings Limited and entered into dormancy period as part of the strike off process. Afterwards, INVISTA (U.K.) Superior Holdings Limited distributed all its assets and liabilities to KoSa UK Limited and entered into dormancy period as part of the strike off process. The strike-off process for both companies is planned to be finalized in 2025. As a result, KoSa UK limited became the sole shareholder of the Company.”
- “On March 2025, share premium was cancelled in full and credited to distributable reserve of the Company in amount of $79,099,998. The issued share capital was reduced to $702,840,751 by cancelling and extinguishing capital to the extent of $460,900,002 on each issued fully paid up ordinary shares of £1.00 each in the Company.”
- “On 31 March 2025, the Company distributed an interim dividend in the amount of $660,000,000 to sole member of the Company, KoSa UK Limited.”
- “Management has decided to commence liquidation process of INVISTA Fibers (Shanghai) Company Limited, subsidiary of the Company in 2025, with completion expected by end of the year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CITCO MANAGEMENT (UK) LIMITED | Corporate Secretary | 2019-12-01 | — | — |
| MATHEWS, Reagan John | Director | 2018-05-08 | Nov 1974 | American |
| STEWART, John Gibson | Director | 2018-05-08 | Nov 1965 | British |
| WESTHUIS, Andreas Samuel | Director | 2018-05-08 | Feb 1980 | Dutch |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASHWORTH, Clare | Secretary | 2002-10-10 | 2003-02-12 |
| CLEMENTS, Sarah Frances | Secretary | 2002-10-09 | 2004-04-30 |
| A G SECRETARIAL LIMITED | Corporate Secretary | 2004-04-30 | 2019-12-01 |
| ANDERSON, John Vincent | Director | 2002-10-09 | 2004-12-31 |
| BAKER, Andrew | Director | 2002-10-10 | 2003-06-03 |
| BROWN, Christopher James | Director | 2012-12-10 | 2018-05-08 |
| CARROLL, Patrick Joseph | Director | 2011-12-09 | 2018-05-08 |
| CHAPPELL, John Herbert | Director | 2003-06-03 | 2007-04-30 |
| CHESSMORE, Christopher Lee | Director | 2010-09-24 | 2016-12-01 |
| DESAULLES, Philippe Georges | Director | 2003-04-22 | 2004-04-21 |
| GILVRAY, Derek | Director | 2007-04-30 | 2011-12-09 |
| HARRISON, Toby Gene | Director | 2016-12-01 | 2018-05-08 |
| HORRY, Peter Francis | Director | 2002-10-09 | 2003-06-03 |
| MUNSON, Craig Monroe | Director | 2004-11-25 | 2010-09-24 |
| PADLEY, Brian | Director | 2003-06-03 | 2012-12-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Kosa Uk Limited | Corporate entity | Shares 75–100% | 2025-03-31 | Active |
| Invista (U.K.) Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-03-31 |
Filing timeline
Last 20 of 158 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-04 RESOLUTIONS Resolution
- 2025-03-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-23 | AA | accounts | Accounts with accounts type full | |
| 2025-10-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-04 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-29 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-05-29 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-03-28 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-03-28 | SH20 | capital | Legacy | |
| 2025-03-28 | CAP-SS | insolvency | Legacy | |
| 2025-03-28 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-19 | AA | accounts | Accounts with accounts type full | |
| 2024-05-02 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-04-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-10-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-20 | AAMD | accounts | Accounts amended with accounts type full | |
| 2023-09-11 | AA | accounts | Accounts with accounts type full | |
| 2022-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-20 | AA | accounts | Accounts with accounts type full | |
| 2021-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-04 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
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
+23.3%
£621,429,948 £766,332,098
-
Cash
+13.3%
£340,518,162 £385,968,866
-
Net assets
-4.9%
£1,145,753,892 £1,089,676,798
-
Employees
-2%
200 196
-
Operating profit
+110.8%
-£117,948,851 £12,785,767
-
Profit before tax
+166.2%
-£86,214,974 £57,051,149
-
Wages
+4.8%
£10,194,218 £10,687,176
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