STICHTING CHEMICAL DISTRIBUTION INSTITUTE

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

Moore (South) LLP

Audit opinion

Unaudited (audit-exempt)

Going concern

Affirmed

“At 31st December 2024 the balance sheet reserves were regarded as sufficient to allow for revenue fluctuations and software development for this non-profit making organisation.”

Significant events

• “CDI completed a review and update of its entire Quality Management System through its 2024 Annual Management review from the 12th January 2025 to the 31st March 2025.”
• “CDI has continued to retain its "work from home" policy during 2024, retaining full day to day functionality and retention of home working procedures, I.T. processes and communication systems.”
• “The chemical market continued to feel the effects of supply-chain disruptions, increased feedstock volatility, and hostilities in some parts of the world which has reflected on the use of CDI's marine services.”
• “CDI continues to be subjected to the ongoing increases in energy and service costs in the U.K. during 2024.”
• “Ongoing cost cutting efficiencies were retained In place with a continual focus on cost savings where feasible Including a reduced staff travel budget, the continued cessation of the IMPCAS database in electronic format.”
• “legal issues encountered by CDI require ongoing response, which continue to impact on CDI's time, resources, finances and day to day functionality throughout all of 2024.”
• “CDI also expanded its provision of services to CDI-Marine Chemical Companles by expanding its Inspection scope to include LNG tankers, Dry Bulk & Product Tanker Ship type Inspections, at zero cost risk to CDI.”
• “CDI also expanded the scope of CDI-Marine in the 10th edition Ship Inspection Report (SIR); launched on the 5th February 2024 which included a strong sustainability focus with the ability for the screener to measure and evaluate the environmental efficiency of a vessel across all inspected ship types, as well as functionality to be able to benchmark the EEXI, EEDI & CII of an inspected vessel or fleet.”
• “The three CDI schemes continued to be continuously promoted as best as possible. The Marine scheme was Impacted by reduced access of marine inspection reports during 2024, due to the impact of the global market forces during the year.”
• “The number of chemical company participants decreased to 65 (2023: 67).”
• “The number of ships registered with CDI Marine rose to 6,931 (2023: 6,706) during the year.”
• “The number of ship operators registered into the scheme rose to 1,189 (2023: 1,131).”
• “The number of total marine reports accessed by participants decreased to 6,428 (2023: 6,668).”
• “The number of ship inspections increased to 2,458 (2023: 2,436).”
• “The number of marine inspectors was reduced to 86 (2023: 91) and the number of active reports in the CDI Marine database increased to 2,181 (2023: 2,137).”
• “The number of Terminal scheme chemical companies remained constant at 29 whilst the number of registered terminal companies had Increased to 194 (2023:189) equating to 270 active terminal reports in the database.”
• “The number of terminal inspections reduced to 73 (2023: 75).”
• “IMPCAS remains in "wind down" mode and consequently growth of IMPCAS has stagnated for a further year.”
• “Revision work producing the 10th edition Ship Inspection Report (SIR) was undertaken during 2024 and launched on the 5th February 2024.”
• “Considerable work was also completed in revising and updating the 8th Edition CDI Terminal Inspection Questionnaire (TIR) which was launched on the 6th of January 2025.”
• “CDI-Marine inspector 2024 global refresher training seminars were completed on a face-to-face basis as follows: 12th November 2024 in Singapore, 19th November 2024 in Houston USA, 27th November 2024 in Rotterdam.”
• “CDI introduced an automated function within CDI-T to provide QR codes on CDI Attestation certification to confirm the veracity of issued certificates.”
• “CDI introduced a new data analysis function to evaluate the length of time a CDI-Marine SIR should remain active in the database.”
• “CDI also established and implemented a business continuity plan.in 2024.”
• “CDI has continued its review and revision of the 2nd edition of "Chemical Tanker Operations for the STCW Advanced Training Course - A Practical Guide to Chemical Tanker Operations" during 2024, which has become an extensive revision.”
• “The organisation is budgeted to make a profit in 2025, but this is dependent on currency exchange rates.”
• “Specific known projects coming up in 2025 are as follows: The launch of the updated and revised 8th Edition Terminal inspection Report (TIR) and associated updated database and inspector software; Revision of the 2nd Edition "Chemical Tanker Operations for the STCW Advanced Training Course - A Practical Guide to Chemical Tanker Operations"; Production and launch of a new LCO2 vessel inspection type the 10th edition Ship Inspection Report; Enhanced software functionality to the 10th edition SIR to enable ship operators to attach pictures and documents to specific observations in active SIR's; Production of general API functionality for chemical company participants to the CDI-Marine database; CDI will be moving into new offices premises during 2025; CDI Is establishing its "Energy Transition Working Group" focused on preparing CDI inspection questionnaires for new altemative fuels and sources of power being used in the industry; CDI is developing new software applications and functionality to be able to conduct CDI-Marine Inspections by Chinese speaking inspectors onboard Chinese Domestic Trading vessels.”

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

1

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

  +3.1%

  £935,405 → £964,595

• Cash

  +15.4%

  £459,937 → £530,844

• Net assets

  +15.9%

  £563,353 → £653,133

• Employees

  —

  Not reported

• Operating profit

  +183.7%

  £31,560 → £89,543

• Profit before tax

  +182.8%

  £31,761 → £89,824

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