BOC LIMITED
Operating as a subsidiary of Linde plc, the formerly listed company manufactures and supplies industrial, medical, and special gases across the UK and Ireland.
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Cash
£300k
0% vs 2024
Net assets
£1.1bn
+50.4% highest in 3 filed years
Employees
2,272
-0.6% lowest in 3 filed years
Profit before tax
£475m
+13.6% highest in 3 filed years
Net assets
3-year trend · vs Basic Materials 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 | £1,143,600,000 | £1,131,400,000 | £1,050,000,000 | -7.2% | |
| Operating profit | £333,800,000 | £389,400,000 | £449,100,000 | +15.3% | |
| Profit before tax | £352,100,000 | £418,400,000 | £475,200,000 | +13.6% | |
| Net profit | £358,200,000 | £410,700,000 | £426,000,000 | +3.7% | |
| Cash | £300,000 | £300,000 | £300,000 | 0% | |
| Total assets less current liabilities | £995,300,000 | £857,900,000 | £1,216,300,000 | +41.8% | |
| Net assets | £885,800,000 | £746,500,000 | £1,122,500,000 | +50.4% | |
| Equity | £885,800,000 | £746,500,000 | £1,122,500,000 | +50.4% | |
| Average employees | 2,374 | 2,286 | 2,272 | -0.6% | |
| Wages | £132,800,000 | £124,600,000 | £127,000,000 | +1.9% | |
| Directors' remuneration | £1,400,000 | £2,200,000 | £2,100,000 | -4.5% | |
| Directors' pension contributions | £42,000 | £106,000 | £118,000 | +11.3% | |
| Highest paid director | £393,000 | £1,236,000 | £1,138,000 | -7.9% |
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 | 29.2% | 34.4% | 42.8% | |
| Net margin | 31.3% | 36.3% | 40.6% | |
| Return on capital employed | 33.5% | 45.4% | 36.9% | |
| Gearing (liabilities / total assets) | 36.9% | 39.3% | 33.3% | |
| Current ratio | 2.40x | 2.15x | 2.66x | |
| Interest cover | 77.63x | 74.88x | 73.62x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The use of the going concern basis of accounting is appropriate because, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern.”
Significant events
- “The company is party to legal actions and claims which arise in the ordinary course of business. The resolution of some of these matters cannot readily be foreseen. However, the directors believe that such litigation should be disposed of without material adverse effect on the company's financial condition or profitability.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 44 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KELLY, Susan Kathleen | Secretary | 2007-12-21 | — | British |
| ALLEN, Jennifer Frances Huihana | Director | 2025-02-14 | Oct 1984 | British |
| BLAND, Julian Michael | Director | 2018-05-17 | Apr 1967 | British |
| COSSINS, Christopher James | Director | 2013-05-16 | Nov 1966 | British |
| SACHTLEBEN, Sebastian | Director | 2025-11-13 | Jan 1981 | German |
| THOMPSON, Stephen James | Director | 2025-02-24 | Nov 1967 | British |
| WILLIAMS, Sally Ann | Director | 2015-12-14 | Aug 1970 | British |
Show 44 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAKER, Ian Kenneth Hood | Secretary | 1994-12-02 | 1995-07-03 |
| BRACKFIELD, Andrew Christopher | Secretary | 2007-07-20 | 2007-12-21 |
| HUNT, Carol Anne | Secretary | 1999-02-12 | 2006-10-02 |
| LARKINS, Sarah Louise | Secretary | 2006-10-03 | 2007-07-20 |
| PAVEY, David Gordon | Secretary | — | 1994-12-02 |
| SMALL, Jeremy Peter | Secretary | 1995-07-03 | 1999-02-12 |
| AIKEN, Philip Stanley | Director | — | 1995-02-28 |
| BEECROFT, Barry Ian | Director | 1995-02-28 | 2001-03-31 |
| BOTELLO ALBARRAN, Armando | Director | 2024-02-01 | 2025-10-31 |
| BRACKFIELD, Andrew Christopher | Director | 2007-08-24 | 2018-12-31 |
| CLUBB, Ian Mcmaster | Director | — | 1994-09-30 |
| DENNIS, Michael | Director | 2009-07-01 | 2012-04-10 |
| DENNIS, Michael | Director | 2009-03-18 | 2009-03-18 |
| DEVERS, Dorian Kevin Thomas | Director | 2013-01-21 | 2017-07-28 |
| FAIRLIE, John Cairns | Director | — | 1998-11-23 |
| FERGUSON, Alan Murray | Director | 2005-09-15 | 2007-02-23 |
| FINKEN, Thorben, Dr | Director | 2008-12-22 | 2013-01-20 |
| FORD, James Alexander | Director | 2000-07-31 | 2007-01-31 |
| GEARING, Richard John Newton | Director | 2009-03-18 | 2018-01-17 |
| GHASEMI, Seifollah | Director | 1996-09-05 | 1997-12-05 |
| GRAHAM JOHNSTON, Susan Patton | Director | 2015-07-20 | 2017-07-10 |
| GRANT, Richard Stanley | Director | 1998-04-20 | 2002-12-31 |
| GREEN, Brian Charles | Director | — | 1997-12-31 |
| HARVEY, Andrew John | Director | 2017-07-12 | 2019-07-19 |
| HUGGON, Michael Stewart | Director | 2007-05-16 | 2015-05-28 |
| HUNTON, Nigel David | Director | 2006-10-27 | 2007-05-31 |
| HUNTON, Nigel David | Director | 2003-02-12 | 2006-03-22 |
| ISAAC, Anthony Eric | Director | 1994-10-17 | 2006-10-31 |
| LEWIS, Nigel Andrew | Director | 2008-08-22 | 2009-06-30 |
| MASTERS JR, Jerry Kent | Director | 2005-03-01 | 2011-09-30 |
| MEDORI, Rene | Director | 2000-07-31 | 2005-05-31 |
| MERCER, James Andrew | Director | 2021-01-05 | 2023-09-04 |
| MOSTYN, Gareth | Director | 2007-12-05 | 2008-08-22 |
| PALMER, Nathan | Director | 2012-04-10 | 2016-04-15 |
| PANIKAR, John Mathew | Director | 2019-06-20 | 2020-12-31 |
| PATTERSON, Benjamin | Director | 2013-11-11 | 2024-10-09 |
| PFANN, Oliver Christian | Director | 2017-07-12 | 2019-03-01 |
| RAJAGOPAL, Krishnamurthy, Dr | Director | 1996-02-01 | 2006-10-27 |
| ROSENKRANZ, Franklin Daniel | Director | — | 1999-08-31 |
| SAITH, Vijay Kumar | Director | — | 2002-11-20 |
| SMITH, Graham | Director | 2006-03-22 | 2006-12-22 |
| SPENCE, Patrick Charles Gordon | Director | 2002-11-20 | 2007-12-21 |
| WALSH, John Lawrence | Director | 2004-03-31 | 2005-03-01 |
| WEISSBERG, Michael | Director | 2009-03-18 | 2013-03-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Boc Netherlands Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 285 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-26 | AA | accounts | Accounts with accounts type full | |
| 2026-06-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-05-14 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-06 | CH01 | officers | Change person director company with change date | |
| 2025-12-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-09 | AA | accounts | Accounts with accounts type full | |
| 2025-06-23 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-06 | RP04AP01 | officers | Second filing of director appointment with name | |
| 2025-02-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-17 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-17 | AA | accounts | Accounts with accounts type full | |
| 2024-10-24 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-07-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-18 | CH01 | officers | Change person director company with change date | |
| 2024-02-05 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-22 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.