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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-03-26 (in 10mo)

Last made up 2026-03-12

Watchouts

None on the register

Cash

£473K

Latest balance sheet

Net assets

£77K

Equity attributable

Employees

2

Average over period

Profit before tax

£146K

Period ending 2024-12-31

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £1,511,000£7,218,000
Operating profit £233,000£130,000
Profit before tax -£231,000£146,000
Net profit -£282,000£111,000
Cash £1,937,000£473,000
Total assets less current liabilities -£34,000£77,000
Net assets -£34,000£77,000
Equity -£34,000£77,000
Average employees 32
Wages £169,000£379,000

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 2023-12-312024-12-31
Operating margin 15.4%1.8%
Net margin -18.7%1.5%
Return on capital employed -685.3%168.8%
Current ratio 0.99x1.06x
Interest cover 11.65x130.00x

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
BDO
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The Company acts as a distributor of Delrin products in the performance materials business to customers based in the UK. At the year end the company has maintained a positive net current asset position (current liabilities exceed current assets by £77,000). The entity is a reseller and according to our transfer pricing policy is entitled to make a 3% profit over a rolling 36-month period. The company meets its day-to-day working capital requirements through cash inflows from operating activities and intercompany financing, as required. The company's forecasts and projections, taking account of reasonably possible changes in trading performance, show that the company should be able to operate within the level of its current cash reserves and borrowings. The directors, after making enquiries, have a reasonable expectation that the company has adequate resources to continue operating for the foreseeable future. For this reason, the going concern basis continues to be adopted in preparing the financial statements.”

Significant events

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

People

2 active · 1 resigned

Name Role Appointed Born Nationality
DUNN, William Director 2024-05-29 Jan 1966 American
WEVERS, Jan Bernard Director 2024-05-29 Sep 1966 Dutch
Show 1 resigned officer
Name Role Appointed Resigned
READ, Joseph Charles Director 2023-03-13 2024-05-29

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Dupont De Nemours, Inc. Corporate entity Shares 75–100%, Voting 75–100% 2023-03-13 Ceased 2023-03-13
Delrin Netherlands B.V Corporate entity Shares 75–100%, Voting 75–100% 2023-03-13 Active

Filing timeline

Last 20 of 20 total filings

Date Type Category Description
2026-04-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-03-14 DISS40 gazette Gazette filings brought up to date
2026-03-11 AA accounts Accounts with accounts type full
2026-02-17 GAZ1 gazette Gazette notice compulsory
2025-10-11 DISS40 gazette Gazette filings brought up to date
2025-10-08 AA accounts Accounts with accounts type full
2025-08-05 GAZ1 gazette Gazette notice compulsory
2025-05-20 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-05-20 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-03-26 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-15 DISS40 gazette Gazette filings brought up to date
2024-12-31 GAZ1 gazette Gazette notice compulsory
2024-07-29 AA01 accounts Change account reference date company previous shortened PDF
2024-06-04 TM01 officers Termination director company with name termination date PDF
2024-06-04 AP01 officers Appoint person director company with name date PDF
2024-06-04 AP01 officers Appoint person director company with name date PDF
2024-03-26 CS01 confirmation-statement Confirmation statement with updates PDF
2023-10-02 SH01 capital Capital allotment shares PDF
2023-04-19 CH01 officers Change person director company with change date PDF
2023-03-13 NEWINC incorporation Incorporation company PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
9

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.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Year-on-year comparison hidden: this filing covers about 12 months versus 10 months prior.

Official Companies House page