SABIC TEES HOLDINGS LIMITED

1. SABIC TEES HOLDINGS LIMITED 2009-10-15 → present
2. SABIC TEES HOLDINGS 2006-11-24 → 2009-10-15

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

“At 31 December 2024 the Company had net current liabilities of €41,131,000. The director has obtained a letter of support from SABIC Europe BV confirming they will provide support for at least 12 months from approval date. Director satisfied Company can continue to pay liabilities and adopts going concern basis.”

Group structure

1. SABIC TEES HOLDINGS LIMITED · parent
   1. SABIC UK Petrochemicals Limited 100% · England and Wales · manufacture of hydrocarbons and related products
   2. SABIC UK Pension Trustees Limited 100% · England and Wales · dormant

Significant events

• “a decision was made in June 2025 to permanently close the cracker plant and to stop a capital improvement project that was underway on that plant. This resulted in an impairment of asset value in the subsidiary which was recognised in June 2025 and is considered to be a non-adjusting post balance sheet event in the 2024 Financial Statements of the subsidiary.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -2.2%

  £163,416,262 → £159,817,094

• Employees

  —

  Not reported

• Operating profit

  +345.7%

  £39,875 → £177,705

• Profit before tax

  -6.1%

  -£4,895,111 → -£5,195,042

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