OPES INTERNATIONAL LIMITED

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -7.8%

  £59,663,737 → £54,988,337

• Cash

  -71.2%

  £2,250,058 → £648,017

• Net assets

  -5.2%

  £10,402,505 → £9,856,897

• Employees

  +9.5%

  21 → 23

• Operating profit

  -80.1%

  £1,297,815 → £258,482

• Profit before tax

  -121.9%

  £987,021 → -£216,120

• Wages

  +2.5%

  £1,699,648 → £1,741,820

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Mercer & Hole LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared these financial statements on a going concern basis. In making this assessment, they have reviewed detailed trading and cashflow forecasts through to 31 December 2026, including scenario analyses that consider potential reductions in trading activity and the effectiveness of mitigating actions.”

Group structure

1. OPES INTERNATIONAL LIMITED · parent
   1. Opes International BV 100% · The Netherlands · Marketing and distribution of specialist petrochemical products

Significant events

• “In 2024, the global petrochemical industry continued to face significant headwinds, shaped by geopolitical tensions, economic uncertainty, and structural shifts in supply and demand.”
• “The oil and gas market remained volatile. OPEC+ maintained its output cuts through the first half of the year, with Brent crude reaching nearly $90 per barrel in April.”
• “The Israel-Iran conflict intensified, raising concerns over potential disruptions in the Strait of Hormuz.”
• “Despite a 7.7-magnitude earthquake in Taiwan, petrochemical operations remained largely unaffected, showcasing the resilience of Asian producers.”
• “Europe's petrochemical sector remained under pressure. High energy costs, inflation, and subdued consumer spending persisted, with steam cracker margins for naphtha and butane falling.”

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

Filings

3

last 12 months

Capital events

3

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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