SABIC TEES HOLDINGS LIMITED
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Cash
—
Latest balance sheet
Net assets
£158M
EUR 184,365,000
-2.2% vs 2023
Employees
0
Average over period
Profit before tax
-£5.1M
EUR -5,993,000
-6.1% vs 2023
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | £39,434 | £175,739 | +345.7% | |
| Profit before tax | -£4,840,977 | -£5,137,591 | -6.1% | |
| Net profit | -£4,110,587 | -£3,559,366 | +13.4% | |
| Cash | — | — | — | |
| Total assets less current liabilities | £436,791,256 | £433,231,890 | -0.8% | |
| Net assets | £161,609,087 | £158,049,721 | -2.2% | |
| Equity | £161,609,087 | £158,049,721 | -2.2% | |
| Average employees | 0 | 0 | — | |
| Wages | — | — | — | |
| Directors' remuneration | £355,765 | £374,625 | +5.3% |
Figures converted to GBP from EUR at 0.857 per EUR (Frankfurter spot rate) — hover any figure for the original. — 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 |
|---|---|---|---|
| Return on capital employed | 0.0% | 0.0% | |
| Current ratio | 0.05x | 0.09x | |
| Interest cover | 0.01x | 0.03x |
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
- SABIC TEES HOLDINGS LIMITED 2009-10-15 → present
- SABIC TEES HOLDINGS 2006-11-24 → 2009-10-15
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At 31 December 2024 the Company had net current liabilities of €41,131,000. The director has obtained a letter of support from SABIC Europe BV confirming they will provide support for at least 12 months from approval date. Director satisfied Company can continue to pay liabilities and adopts going concern basis.”
Group structure
- SABIC TEES HOLDINGS LIMITED · parent
- SABIC UK Petrochemicals Limited 100%
- SABIC UK Pension Trustees Limited 100%
Significant events
- “a decision was made in June 2025 to permanently close the cracker plant and to stop a capital improvement project that was underway on that plant. This resulted in an impairment of asset value in the subsidiary which was recognised in June 2025 and is considered to be a non-adjusting post balance sheet event in the 2024 Financial Statements of the subsidiary.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRANT, Ronald Napier | Director | 2008-06-06 | Nov 1957 | British |
| SMITH, Julie | Director | 2026-03-30 | Nov 1971 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GRAHAM, Christopher | Secretary | 2006-12-29 | 2010-12-31 |
| JACKSON, Robert Thomas Anthony | Secretary | 2006-11-28 | 2006-12-29 |
| MIDDLETON, John | Secretary | 2010-12-31 | 2024-02-29 |
| STARK, David Robert | Secretary | 2006-11-24 | 2006-11-28 |
| BOOTH, Paul | Director | 2006-12-29 | 2016-06-30 |
| MIDDLETON, John Christopher | Director | 2014-09-29 | 2024-02-29 |
| VESTER, Mark Theodor | Director | 2006-11-24 | 2008-06-06 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 71 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-30 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-28 | AA | accounts | Accounts with accounts type full | |
| 2025-01-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-03-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-08 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-02-12 | AA | accounts | Accounts with accounts type full | |
| 2024-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-26 | AA | accounts | Accounts with accounts type full | |
| 2022-01-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-17 | AA | accounts | Accounts with accounts type full | |
| 2021-01-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-05-15 | AA | accounts | Accounts with accounts type full | |
| 2020-01-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-01 | AA | accounts | Accounts with accounts type full | |
| 2019-01-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-09-24 | AA | accounts | Accounts with accounts type full | |
| 2018-01-17 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- 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.