SINOMINE SPECIALTY FLUIDS LIMITED

1. SINOMINE SPECIALTY FLUIDS LIMITED 2019-07-05 → present
2. CABOT SPECIALTY FLUIDS LIMITED 2003-07-31 → 2019-07-05

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In carrying out their duties in respect of going concern, the directors have carried out a review of the company's financial position and cash flow forecast for a period of 12 months from the date of the financial statements. Following this review, including consideration of the uncertainties brought about by the current economic environment and taking into account the strength of the company's net asset position, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, they have adopted the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “During 2024 the process of getting our Egypt branch established has began and should be completed in 2025.”
• “On 20th January, 2025, the Board of Directors declared a dividend of $60,000k, in respect of the year ended 31 December, 2024. This dividend was fully paid by 12th June, 2025 and has not been recognised as a liability in these financial statements as it represents a non-adjusting event after the reporting period.”
• “It is required by the governing body for chemicals in Europe, ECHA (European Chemicals Agency), that cesium products shall have additional toxicity studies carried out. The company has until March 2027 to complete the required studies. This is necessary to allow cesium formate sales within the European market and so is key for the future of the business. Current estimate for overall cost is up to USD 2.7m. which the company is committed to spend.”

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

Filings

4

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

  +52.9%

  £43,106,746 → £65,918,458

• Cash

  -54.4%

  £3,286,138 → £1,498,888

• Net assets

  +48.2%

  £67,191,253 → £99,598,962

• Employees

  +5.4%

  56 → 59

• Operating profit

  +134.7%

  £19,375,834 → £45,475,908

• Profit before tax

  +134.9%

  £19,364,715 → £45,491,475

• Wages

  -6.7%

  £3,839,140 → £3,582,654

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