AOC RESINS UK LTD

• ◆

  6 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -62.8%

  £17,719,582 → £6,591,079

• Cash

  -65.7%

  £6,795,296 → £2,330,552

• Net assets

  +2.8%

  £12,894,194 → £13,248,807

• Employees

  +12.5%

  32 → 36

• Operating profit

  +66.5%

  £228,413 → £380,310

• Profit before tax

  +75.4%

  £274,779 → £482,080

• Wages

  +7.8%

  £1,478,168 → £1,592,996

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. AOC RESINS UK LTD 2022-10-18 → present
2. DELTECH EUROPE LIMITED 2000-06-19 → 2022-10-18

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ensors Accountants LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “AOC Resins UK has transitioned into a service provider for AOC AG, now focusing on invoicing production services instead of selling raw materials. This shift explains the decrease in turnover over the past two financial years and the continuing and discontinued operations split on the statement of comprehensive income.”
• “The state of the factory emerged as a significant issue over the past few years, prompting the leadership team to make substantial investments in capital expenditure (Capex) for the coming years. As a result, the amount of Capex under construction increased significantly by year-end.”
• “Starting from 1st April 2023, the company offers toll manufacturing services, contract R&D, technical support, and sales and marketing support services to AOC AG, in exchange for a cost-plus mark-up. These services constitute the ongoing operations for the financial years ending in 2023 and 2024.”
• “On 3 March 2025, there was a change in the Ultimate Parent Company. For more details, see Note 25.”
• “Additionally, a loan agreement for €6 million was signed on 10 February 2025, between the company and its immediate parent company.”

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

Filings

16

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

6

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.