INEOS TECHNOLOGIES (VINYLS) LIMITED

• ◆

  3 officer resignations in last 12 months

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

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 101

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 going concern assessment of INEOS Holdings Limited 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.”

Significant events

• “During 2023, the Company announced the proposed relocation of the Vinyls Technologies pilot plant and associated research and development activities from Runcorn, United Kingdom to Jemeppe, Belgium, a detailed project plan is in development.”
• “Current conflicts in Europe and the Middle East can result in fluctuations on the energy market which can lead to uncertainty on future prices.”

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

Filings

8

last 12 months

Capital events

0

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

  -12.5%

  £2,760,922 → £2,415,049

• Cash

  -29.6%

  £1,257,802 → £885,055

• Net assets

  -3.6%

  £2,824,202 → £2,723,648

• Employees

  -15.4%

  13 → 11

• Operating profit

  +45.8%

  -£83,218 → -£45,076

• Profit before tax

  +82.4%

  £64,147 → £117,025

• Wages

  -8.1%

  £940,534 → £864,251

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