INEOS SALES (UK) 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

  -6.3%

  £1,618,364,206 → £1,516,857,118

• Cash

  -46.6%

  £2,452,387 → £1,309,679

• Net assets

  +4.6%

  £91,007,914 → £95,162,188

• Employees

  -2.5%

  122 → 119

• Operating profit

  -7.5%

  £9,666,928 → £8,939,038

• Profit before tax

  +18.6%

  £6,376,207 → £7,562,397

• Wages

  -8.8%

  £23,762,936 → £21,663,623

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. INEOS SALES (UK) LIMITED 2013-02-07 → present
2. INEOS SERVICES (GRANGEMOUTH) LIMITED 2010-11-19 → 2013-02-07

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered the Company's projected future cash flows and working capital requirements for a period of at least 12 months from signing of these financial statements. As at 31 December 2024, the Company had net current assets of €109,380,000 (2023: €104,614,000) and net assets of €109,427,000 (2023: €104,650,000). The Company held cash of €1,506,000 (2023: €2,820,000). The profit for the year was €4,777,000 (2023: €5,496,000). The directors have received confirmation that the parent, INEOS Holdings Limited, will continue to support the Company for at least the 12 months from signing of these financial statements. After making enquiries, the directors have a reasonable expectation that the parent's going concern assessment confirms that there is sufficient forecast committed liquidity headroom for the parent to provide this support and the Company will therefore have adequate resources to continue in operational existence for the foreseeable future. Accordingly, the Company continues to adopt the going concern basis in preparing its financial statements.”

Significant events

• “Current conflicts in Europe and the Middle East can result in fluctuations on the energy market which can lead to uncertainty on future prices; however the directors have undertaken a rigorous assessment of the potential impact on demand for the Company products and services and the impact on margins for the next 12 months and the directors do not expect a material impact on the Company's ability to operate as a going concern.”
• “In February 2025, new Senior Secured Term Loans and new Senior Secured Notes due 2030 were issued by the Group. The Senior Secured Term Loans were denominated in euros (€425 million) and US dollars ($440 million). The new Senior Secured Notes due 2030 were denominated in euros (€400 million). The proceeds of this refinancing were used to redeem in full the outstanding Senior Secured Notes due 2025 and Senior Secured Notes due May 2026, repay the Gemini Term Loan and to partially prefund Project ONE (being the Group's major capital investment in Antwerp, Belgium). The Company is a guarantor under the new Senior Secured Term Loans and the new Senior Secured Notes due 2030. These obligations are secured by fixed and floating charges over the assets of the Company.”

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

Filings

5

last 12 months

Capital events

0

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.