CHEMETALL LIMITED
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Cash
£12K
0% vs 2024
Net assets
£69M
-0.5% vs 2024
Employees
51
+2% vs 2024
Profit before tax
£6.2M
-19.6% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
Whilst the company is being sold as a going concern, the directors note that they do not have full visibility of the strategy, financing and organisational structure of the Coatings Group under the new ownership and any material changes the acquirer could impose which may impact the company's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £32,210,000 | £30,738,000 | £26,161,000 | -14.9% | |
| Operating profit | £2,174,000 | £4,318,000 | £3,013,000 | -30.2% | |
| Profit before tax | £6,951,000 | £7,761,000 | £6,240,000 | -19.6% | |
| Net profit | £6,065,000 | £5,979,000 | £4,678,000 | -21.8% | |
| Cash | £977,000 | £12,000 | £12,000 | 0% | |
| Total assets less current liabilities | £125,083,000 | £71,365,000 | £69,047,000 | -3.2% | |
| Net assets | £120,628,000 | £69,190,000 | £68,877,000 | -0.5% | |
| Equity | £120,628,000 | £69,190,000 | £68,877,000 | -0.5% | |
| Average employees | 51 | 50 | 51 | +2% | |
| Wages | £3,103,000 | £2,658,000 | £2,856,000 | +7.4% | |
| Directors' remuneration | £202,000 | £144,000 | £147,000 | +2.1% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 6.7% | 14.0% | 11.5% | |
| Net margin | 18.8% | 19.5% | 17.9% | |
| Return on capital employed | 1.7% | 6.1% | 4.4% | |
| Gearing (liabilities / total assets) | 8.3% | 10.3% | 7.6% | |
| Current ratio | 19.18x | 11.38x | 11.41x | |
| Interest cover | 8.14x | 75.75x | 59.08x |
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.
Name history
Renamed 3 times since incorporation
- CHEMETALL LIMITED 2010-11-04 → present
- CHEMETALL PLC 2000-06-30 → 2010-11-04
- BRENT INTERNATIONAL PLC 1993-05-21 → 2000-06-30
- BRENT CHEMICALS INTERNATIONAL PLC 1930-12-19 → 1993-05-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“Whilst the company is being sold as a going concern, the directors note that they do not have full visibility of the strategy, financing and organisational structure of the Coatings Group under the new ownership and any material changes the acquirer could impose which may impact the company's ability to continue as a going concern.”
Group structure
- CHEMETALL LIMITED · parent
- A M Craig Limited 100%
- Ardrox Limited 100%
- Brent Manufacturing Co. Limited 100%
- Brent Europe Limited 100%
- Chemserve Limited 100%
- BASF Coatings and Chemetall Middle East L.L.C. - P.P.C 100%
Significant events
- “BASF SE confirmed on 10th October that it has entered into an agreement to sell a majority stake in its Coatings Business, which encompasses the Chemetall group. The purchasers are Carlyle Group, a global investment firm, in partnership with the Qatar Investment Authority. Completion of this transaction is projected for Q2 2026. Following the completion, BASF SE will hold a 40% equity stake in the newly established standalone BASF Coatings entity.”
- “As of 23rd October 2025, the Chemetall UK Pension Scheme transferred its assets and liabilities into the Chemetall UK Section of the Citrus Pension Plan from the sub section of the BASF UK Group Pension Scheme.”
- “In March 2026, the company concluded its Advance Corporation Tax Claim - Franked Investment Income Group Litigation ("F11 GLO") against HMRC. Judgement was awarded to the claimant, Chemetall Limited, resulting in a total payment of £4,159,292. This payment comprised an advance Corporation Tax refund of £1,782,267 and associated interest of £2,377,025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWN, Wayne | Secretary | 2015-10-01 | — | — |
| BROWN, Wayne Mitchell | Director | 2015-10-01 | Nov 1964 | British |
| GRUBER, Nick, Dr | Director | 2021-03-31 | Oct 1973 | German |
| ISRAEL, Sven | Director | 2023-07-01 | Dec 1983 | German |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JESSUP, William | Secretary | 1999-06-30 | 2005-04-19 |
| LAURENCE, John Graham | Secretary | — | 1999-06-30 |
| RYDINGS, Robert Slater | Secretary | 2005-04-19 | 2015-09-30 |
| BOEGNER, Wolfram Alfred Antonius | Director | 2015-02-06 | 2020-09-30 |
| BURN, Bryan Adrian Falconer | Director | 1994-05-20 | 1999-09-03 |
| CORTELLARO, Giorgio, Herr | Director | 2011-01-01 | 2019-07-01 |
| CUTHBERT, Stephen Colin | Director | — | 1993-08-26 |
| DALY, Alexander | Director | 1993-03-01 | 2005-04-19 |
| DOBBIE, Alexander Archibald, Dr | Director | 1994-06-06 | 2000-12-31 |
| FAESEL, Jurgen Richard, Dr | Director | 1999-09-03 | 2003-12-31 |
| HOFFMANN, Christopher Hans-Walter | Director | 2018-02-01 | 2024-05-31 |
| HUTCHINGS, Keith | Director | — | 1999-09-02 |
| JESSUP, William | Director | 1994-03-08 | 2005-04-19 |
| JONES, John Stephen Major | Director | — | 1994-05-20 |
| KLATT, Thomas | Director | 1999-09-03 | 2004-04-30 |
| LANE OF HORSELL, Peter Stewart, Lord | Director | — | 1995-04-21 |
| LUSHER, John Anderson | Director | 1994-11-01 | 1999-09-03 |
| MOLTER, Ernst Joachim | Director | 1999-09-03 | 2004-09-30 |
| NEIDLEIN, Ulf | Director | 2020-07-01 | 2023-06-30 |
| RYDINGS, Robert Slater | Director | 2006-01-02 | 2015-09-30 |
| SCHNEIDER, Sven | Director | 2012-09-19 | 2015-02-06 |
| STOERMER, Matthias Wilhelm | Director | 2004-08-12 | 2011-04-21 |
| SWALLOW, David | Director | — | 1994-02-28 |
| VAN DEN HEYKANT, Adrianus Cornelis Maria | Director | 2011-01-01 | 2017-06-14 |
| VANNERBERG, Per Gosta Markus | Director | 2006-01-02 | 2010-06-30 |
| WATSON, Michael John | Director | 2004-01-01 | 2006-01-02 |
| WENZEL, Kurt | Director | 2005-04-19 | 2011-01-01 |
| WILBY, Dennis Frank | Director | — | 1994-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Chemetall Gmbh | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 270 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-19 | AA | accounts | Accounts with accounts type full | |
| 2025-07-25 | AA | accounts | Accounts with accounts type full | |
| 2025-06-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-05 | AA | accounts | Accounts with accounts type full | |
| 2024-06-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-31 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-29 | AA | accounts | Accounts with accounts type full | |
| 2023-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-03 | AA | accounts | Accounts with accounts type full | |
| 2022-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-11 | DISS40 | gazette | Gazette filings brought up to date | |
| 2022-05-10 | AA | accounts | Accounts with accounts type full | |
| 2022-03-26 | DISS16(SOAS) | dissolution | Dissolved compulsory strike off suspended | |
| 2022-03-08 | GAZ1 | gazette | Gazette notice compulsory | |
| 2021-07-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2020-12-08 | AA | accounts | Accounts with accounts type full | |
| 2020-09-30 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.