MACDERMID PERFORMANCE SOLUTIONS UK LIMITED
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Cash
£73k
+69.8% vs 2024
Net assets
£486m
+4.5% vs 2024
Employees
91
0% vs 2024
Profit before tax
£61m
-36.4% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
We are responsible for concluding on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
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 | £32,943,000 | £29,006,000 | £29,845,000 | +2.9% | |
| Operating profit | £1,275,000 | £1,887,000 | £1,452,000 | -23.1% | |
| Profit before tax | £72,486,000 | £95,837,000 | £60,942,000 | -36.4% | |
| Net profit | £72,555,000 | £95,292,000 | £60,499,000 | -36.5% | |
| Cash | £42,416,000 | £43,000 | £73,000 | +69.8% | |
| Total assets less current liabilities | £492,304,000 | £464,982,000 | £486,213,000 | +4.6% | |
| Net assets | £492,044,000 | £464,659,000 | £485,572,000 | +4.5% | |
| Equity | £492,044,000 | £464,659,000 | £485,572,000 | +4.5% | |
| Average employees | 94 | 91 | 91 | 0% | |
| Wages | £4,494,000 | £4,654,000 | £4,670,000 | +0.3% | |
| Directors' remuneration | £368,000 | £401,000 | £402,000 | +0.2% | |
| Directors' pension contributions | £25,000 | £26,000 | £26,000 | 0% | |
| Highest paid director | £156,000 | £148,000 | £182,000 | +23% |
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 | 3.9% | 6.5% | 4.9% | |
| Return on capital employed | 0.3% | 0.4% | 0.3% | |
| Gearing (liabilities / total assets) | 0.9% | 0.9% | 1.3% | |
| Current ratio | 10.65x | 9.22x | 8.87x | |
| Interest cover | 91.07x | 89.86x | 55.85x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 5 times since incorporation
- MACDERMID PERFORMANCE SOLUTIONS UK LIMITED 2017-03-01 → present
- MACDERMID LIMITED 2012-06-25 → 2017-03-01
- MACDERMID PLC 2000-09-01 → 2012-06-25
- MACDERMID CANNING PLC 1999-06-01 → 2000-09-01
- WM.CANNING LIMITED 1994-01-06 → 1999-06-01
- W. CANNING MATERIALS LIMITED 1976-12-16 → 1994-01-06
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“We are responsible for concluding on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern.”
Group structure
- MACDERMID PERFORMANCE SOLUTIONS UK LIMITED · parent
- MacDermid Holdings B. V. 100%
- MacDermid Hong Kong Ltd 100%
- MacDermid Panyu Specialty Co Ltd 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRAY, Paul Andrew | Director | 2012-06-15 | Jun 1969 | British |
| DAVIES, Roger Keith | Director | 2021-03-30 | Jan 1963 | British |
| SHEFFIELD, Steven Geoffrey | Director | 2014-12-24 | Sep 1962 | British |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CAPPS, John Edward | Secretary | 2017-04-07 | 2018-01-01 |
| DARBY, Kim | Secretary | 1998-02-18 | 2002-05-20 |
| DUDLEY, Alan | Secretary | — | 1998-02-18 |
| RICHARDS, Roger Edward | Secretary | 2002-05-20 | 2017-04-07 |
| ALLEN, Howard John | Director | 2000-05-01 | 2001-08-31 |
| ALLWOOD, John | Director | — | 1993-12-31 |
| BROWN, David Macdonald | Director | 1996-01-02 | 1999-11-29 |
| BROWN, Ronald Geoffrey | Director | 1994-01-01 | 1997-02-15 |
| BUCKLEY, Robert Ian, Dr | Director | 1997-07-07 | 1999-04-01 |
| CAPPS, John Edward | Director | 2019-03-31 | 2019-10-18 |
| CAPPS, John Edward | Director | 2017-04-07 | 2018-01-01 |
| CLARKE, Terence Joseph | Director | 1999-04-01 | 2021-03-29 |
| CONNOLLY, John Patrick | Director | 2017-04-07 | 2019-03-31 |
| CORDANI, John Louis | Director | 2002-01-17 | 2016-09-14 |
| DEE, Gerald Philip | Director | 1994-01-01 | 1994-08-01 |
| DUDLEY, Alan | Director | — | 1993-12-31 |
| GARDNER, Robert William | Director | — | 1993-01-01 |
| GREEN, Graham John | Director | — | 1998-09-25 |
| HANNAM, Peter | Director | 1994-09-01 | 1998-05-21 |
| HANNAM, Peter | Director | — | 1993-12-31 |
| HULME, Jack | Director | 1999-04-30 | 2000-07-31 |
| JOHANSEN, Peter John Sverre | Director | 1998-02-18 | 2000-09-06 |
| JOHNSON, Brian Frederick | Director | — | 1993-03-31 |
| JOHNSON, Scott Charles | Director | 1999-04-01 | 2000-08-30 |
| KENNEDY, Michael Vincent | Director | 2000-08-23 | 2001-12-03 |
| MONTEIRO, Frank Joseph | Director | 2011-12-05 | 2017-04-07 |
| O'NEILL, David Denis | Director | 1998-03-30 | 1999-02-26 |
| PHASEY, Lance John Passant | Director | 1999-04-01 | 2014-12-31 |
| PROBERT, David Henry | Director | 1994-10-24 | 1998-12-31 |
| RICHARDS, Roger Edward | Director | 2002-03-01 | 2017-04-07 |
| ROSE, Michael Leigh | Director | 2000-09-06 | 2005-08-08 |
| SHARD, George Edward | Director | 1994-09-01 | 1999-12-31 |
| SHARPE, Gillian Thomasina | Director | — | 1992-12-04 |
| SIGSTON, Ronald William George | Director | — | 1992-11-13 |
| WAKE, Simon John | Director | 1996-01-02 | 2003-01-31 |
| WAKE, Simon John | Director | — | 1993-12-31 |
| YOULE, Peter James | Director | 1993-04-05 | 1998-05-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Macdermid Continental Investments Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-08-13 | Active |
Filing timeline
Last 20 of 244 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-26 | AA | accounts | Accounts with accounts type full | |
| 2026-08-21 | CH01 | officers | Change person director company with change date | |
| 2026-08-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-08-07 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-07 | AP01 | officers | Appoint person director company with name date | |
| 2026-08-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-06 | TM01 | officers | Termination director company with name termination date | |
| 2026-08-06 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-22 | AA | accounts | Accounts with accounts type full | |
| 2025-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-08 | AA | accounts | Accounts with accounts type full | |
| 2024-09-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-05 | AD02 | address | Change sail address company with old address new address | |
| 2023-08-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-22 | AA | accounts | Accounts with accounts type full | |
| 2023-06-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-03 | AA | accounts | Accounts with accounts type full | |
| 2022-07-22 | AD02 | address | Change sail address company with new address | |
| 2022-06-24 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- 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.