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Cash

Latest balance sheet

Net assets

£6.6m

+2.9% highest in 3 filed years

Employees

18

-14.3% lowest in 3 filed years

Profit before tax

£675k

+3% highest in 3 filed years

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £3,347,415£3,523,100£3,571,560 +1.4%
Operating profit £330,233£433,348£466,133 +7.6%
Profit before tax £474,982£655,905£675,368 +3%
Net profit £468,515£914,632£186,763 -79.6%
Cash
Total assets less current liabilities £5,664,108£6,529,092£9,677,797 +48.2%
Net assets £5,523,308£6,437,940£6,624,703 +2.9%
Equity £5,523,308£6,437,940£6,624,703 +2.9%
Average employees 212118 -14.3%
Wages £1,056,208£1,093,001£1,104,400 +1%
Directors' remuneration £91,196£93,828£98,810 +5.3%

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 2023-12-312024-12-312025-12-31
Operating margin 9.9%12.3%13.1%
Net margin 14.0%26.0%5.2%
Return on capital employed 5.8%6.6%4.8%
Gearing (liabilities / total assets) 8.0%7.4%34.1%
Current ratio 14.51x14.15x27.04x

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 4 times since incorporation

  1. SHPP MANUFACTURING UK LIMITED 2020-11-04 → present
  2. SABIC INNOVATIVE PLASTICS ABS UK LIMITED 2007-11-06 → 2020-11-04
  3. GE PLASTICS ABS LIMITED 1990-05-14 → 2007-11-06
  4. BORG-WARNER CHEMICALS U.K. LIMITED 1990-05-02 → 1990-05-14
  5. BORG-WARNER CHEMICALS U.K. LIMITED 1970-03-25 → 1990-05-02

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The director has considered the Company's current and future prospects and its availability of financing through the cash pooling arrangement. Having obtained a letter of support from SABIC International Holdings BV, the director is satisfied the Company can continue to pay its liabilities for at least 12 months from approval of these financial statements.”

Significant events

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

People

1 active · 27 resigned

Name Role Appointed Born Nationality
RIPLEY, Paul Andrew Director 2026-04-16 Jun 1972 British
Show 27 resigned officers
Name Role Appointed Resigned
ALLARDYCE, James Secretary 2003-01-31
JEFFREY, Kathleen Secretary 2007-11-02 2010-04-12
MIDDLETON, John Christopher Secretary 2015-05-01 2024-02-29
RUSSELL, Julie Ann Secretary 2003-01-31 2007-11-02
ALLARDYCE, James Director 1999-11-08 2003-01-31
BAYNE, Stephen Bradford Director 2007-10-29 2009-02-28
CANTLEY, Sheena Isobel Director 2008-09-23 2009-02-28
ESPE, Matthew James Director 1999-11-08 2000-12-15
GRIN, Willem Director 1994-03-03 1997-07-01
HOEKSTRA, Alexander Director 2001-06-18 2004-02-01
JEFFREY, Kathleen Director 2005-09-19 2010-04-12
JONES, Stephen John Director 2010-04-12 2022-08-31
JONES, Stephen John Director 2004-08-01 2007-08-31
LIKOSAR, Jeffrey Alan Director 2006-11-01 2007-08-31
LISTER, David Director 2001-12-21 2005-05-20
MORSE, Timothy Richard Director 2003-10-01 2006-11-01
RUSSELL, Julie Ann Director 2003-01-31 2007-11-02
SAIX, Etienne Henri Director 1992-10-15
SLOANE, William Director 1999-08-02 2001-12-21
STEPHENSON, Paul Director 2022-08-31 2026-05-08
TAYLOR, Jeffrey Director 1999-11-09
VAN DER WERFF, Jan Willem Director 2003-01-13 2003-10-01
VISSERS, Francois Director 2000-12-15 2001-06-18
VISSERS, Francois Jacobus Johannes Director 1997-07-01 1998-08-02
WALKER, Peter Richard Director 1994-03-04
WASCHER, Uwe Siegfried Director 1999-11-09
WILDEMAN, Gerrit Eliza Joost Director 1998-08-01 1999-08-06

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 188 total filings

Date Type Category Description
2026-08-10 AA accounts Accounts with accounts type full
2026-05-08 AD01 address Change registered office address company with date old address new address PDF
2026-05-08 TM01 officers Termination director company with name termination date PDF
2026-05-08 AD01 address Change registered office address company with date old address new address PDF
2026-04-17 AP01 officers Appoint person director company with name date PDF
2026-01-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-16 AA accounts Accounts with accounts type full
2025-01-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-17 AA accounts Accounts with accounts type full
2024-03-08 TM02 officers Termination secretary company with name termination date PDF
2024-01-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-04 AA accounts Accounts with accounts type full
2023-01-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-06 AA accounts Accounts with accounts type full
2022-09-06 TM01 officers Termination director company with name termination date PDF
2022-09-05 AP01 officers Appoint person director company with name date PDF
2022-01-11 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-09-24 AA accounts Accounts with accounts type full
2021-01-28 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date PDF
2021-01-25 RP04AR01 annual-return Second filing of annual return with made up date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

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.

Official Companies House page