MACDERMID GRAPHICS SOLUTIONS UK LIMITED

1. MACDERMID GRAPHICS SOLUTIONS UK LIMITED 2021-01-27 → present
2. MACDERMID GRAPHICS SOLUTIONS PRODUCTION UK LIMITED 2020-12-02 → 2021-01-27

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

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have considered forecasts of trading and cash flows for the company, which are subject to a group cash pooling process which are available on call to the company, and have determined that the company has, or can expect to have sufficient working capital for its needs for at least the next 12 months from the date of approval of these financial statements. This was supported by letter of support from the parent company.”

Significant events

• “Element Solutions Inc, the company's ultimate parent company, publicly announced that it had entered into an agreement for the sale of its worldwide flexographic print plate business... The sale of the decommissioned line to the buyer was completed on 28 February 2025. The proceeds were £5,395,000 less than its book value at year-end, resulting in an impairment of this amount being recognised in the 2024 profit and loss account. The sale of the trade and net assets of the Graphics business also completed on 28 February 2025 for total consideration of £5,121,000. An impairment of £794,000 has been recognised in the 2024 profit and loss account in respect of customer relationships intangible reflecting the shortfall between the net book value and consideration received for the same. Separately other tangible assets of £3,999,000 were transferred to Macdermid Canning Limited, a sister company.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -21.2%

  £11,203,000 → £8,825,000

• Cash

  -100%

  £2,000 → £0

• Net assets

  -119.9%

  -£6,096,000 → -£13,406,000

• Employees

  -17%

  53 → 44

• Operating profit

  -1,835.7%

  £333,000 → -£5,780,000

• Profit before tax

  -603.2%

  -£1,033,000 → -£7,264,000

• Wages

  +8.4%

  £2,277,000 → £2,468,000

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