INDUSTRIAL CHEMICALS LIMITED
Operating as a subsidiary of Industrial Chemicals Group Ltd, the company manufactures and distributes specialist inorganic chemicals and detergents for various industrial sectors while also providing road freight transport services.
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Cash
£4.2k
-93.3% lowest in 3 filed years
Net assets
£26m
+10.3% highest in 3 filed years
Employees
465
-0.9% vs 2024
Profit before tax
£3.4m
-32.9% lowest 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 | £187,690,977 | £168,968,326 | £176,466,378 | +4.4% | |
| Operating profit | £12,517,281 | £5,267,764 | £3,474,461 | -34% | |
| Profit before tax | £12,518,444 | £5,038,853 | £3,379,214 | -32.9% | |
| Net profit | £10,330,218 | £3,760,818 | £2,380,531 | -36.7% | |
| Cash | £468,780 | £62,949 | £4,232 | -93.3% | |
| Total assets less current liabilities | — | £25,838,615 | £29,008,460 | +12.3% | |
| Net assets | £19,421,584 | £23,182,402 | £25,562,933 | +10.3% | |
| Equity | £19,421,584 | £23,182,402 | £25,562,933 | +10.3% | |
| Average employees | 458 | 469 | 465 | -0.9% | |
| Wages | £23,415,297 | £24,822,479 | £25,178,112 | +1.4% | |
| Directors' remuneration | £103,999 | £458,027 | £488,674 | +6.7% | |
| Directors' pension contributions | £5,294 | £74,110 | £94,742 | +27.8% | |
| Highest paid director | — | £254,837 | £243,794 | -4.3% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 6.7% | 3.1% | 2.0% | |
| Net margin | 5.5% | 2.2% | 1.3% | |
| Return on capital employed | — | 20.4% | 12.0% | |
| Gearing (liabilities / total assets) | — | 65.0% | 64.4% | |
| Current ratio | 1.46x | 1.64x | 1.68x | |
| Interest cover | — | 23.01x | 36.48x |
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 1 time since incorporation
- INDUSTRIAL CHEMICALS LIMITED 1999-12-22 → present
- EDDERTON LIMITED 1999-11-30 → 1999-12-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Rickard Luckin Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “On 24 April 2026, a fine of £3.8m was imposed following Health and Safety Executive proceedings relating to two separate safety incidents that occurred in 2019 and 2022 respectively.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LOWTHIAN, Benjamin James | Secretary | 2015-01-19 | — | — |
| BOLLAND, Andrew James | Director | 2023-10-20 | Dec 1971 | British |
| CARVER, Allen Rodney | Director | 1999-12-01 | Aug 1947 | British |
| CARVER, Charles Daryl | Director | 1999-12-01 | Jun 1964 | British |
| CARVER, John William | Director | 2023-10-20 | Apr 1986 | British |
| STRANG, Edwin John | Director | 2012-03-26 | Mar 1958 | British |
| SWABY, Steven Mark | Director | 2023-10-20 | May 1977 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARVER, Charles Daryl | Secretary | 1999-12-01 | 2015-01-19 |
| STEPHEN, Dennis John | Secretary | 1999-11-30 | 1999-12-01 |
| ALVES, Suzanne Louise | Director | 1999-11-30 | 1999-12-01 |
| CARVER, John William | Director | 1999-12-01 | 2020-08-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr John William Carver | Individual | Shares 75–100% (as firm) | 2016-04-06 | Ceased 2020-08-18 |
| Mr Allen Rodney Carver | Individual | Shares 75–100% (as firm) | 2016-04-06 | Ceased 2016-04-06 |
| Mr Charles Daryl Carver | Individual | Shares 75–100% (as firm) | 2016-04-06 | Ceased 2016-04-06 |
| Industrial Chemicals Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 135 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | AA | accounts | Accounts with accounts type full | |
| 2026-01-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-15 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-02-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-23 | CH01 | officers | Change person director company with change date | |
| 2024-10-23 | CH01 | officers | Change person director company with change date | |
| 2024-10-22 | CH01 | officers | Change person director company with change date | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.