MICROMAX ELECTRONIC MATERIALS UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-18 (in 1mo)
Last made up 2025-06-04
Watchouts
Cash
£1M
USD 1,664,000
-83.3% lowest in 4 filed years
Net assets
£10M
USD 13,333,000
+20.3% vs 2023
Employees
0
Average over period
Profit before tax
£1M
USD 1,967,000
+46% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
4-year trend · vs Consumer Discretionary median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | £38,445,000 | £49,935,000 | £27,573,447 | £24,889,736 | |
| Operating profit | £2,799,000 | £866,000 | £809,599 | £973,312 | |
| Profit before tax | £2,798,000 | £852,000 | £1,006,952 | £1,470,434 | |
| Net profit | — | — | £852,209 | £1,684,982 | |
| Cash | £16,660,000 | £6,121,000 | £7,438,140 | £1,243,926 | |
| Total assets less current liabilities | £17,405,000 | £8,045,000 | £8,401,734 | £10,018,689 | |
| Net assets | £17,002,000 | £7,719,000 | £8,282,126 | £9,967,108 | |
| Equity | £17,002,000 | £7,719,000 | £8,282,126 | £9,967,108 | |
| Average employees | 0 | 0 | 0 | 0 | |
| Wages | — | — | — | — | |
| Directors' remuneration | — | — | — | — |
Figures converted to GBP from USD at 0.748 per USD (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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-9.7%
£27,573,447 £24,889,736
lowest in 4 filed years
-
Cash
-83.3%
£7,438,140 £1,243,926
lowest in 4 filed years
-
Net assets
+20.3%
£8,282,126 £9,967,108
-
Employees
—
Not reported
-
Operating profit
+20.2%
£809,599 £973,312
-
Profit before tax
+46%
£1,006,952 £1,470,434
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | 7.3% | 1.7% | 2.9% | 3.9% | |
| Net margin | — | — | 3.1% | 6.8% | |
| Return on capital employed | 16.1% | 10.8% | 9.6% | 9.7% | |
| Current ratio | — | — | 1.55x | 2.11x | |
| Interest cover | 164.65x | 54.13x | 98.46x | 11.62x |
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 2 times since incorporation — the current trading name was adopted 2026-02-10
- MICROMAX ELECTRONIC MATERIALS UK LIMITED 2026-02-10 → present
- CELANESE ELECTRONIC MATERIALS UK LIMITED 2024-02-01 → 2026-02-10
- DUPONT (UK) ELECTRONIC MATERIALS LIMITED 2015-06-04 → 2024-02-01
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”
Significant events
- “The geopolitical situation in Eastern Europe intensified in February 2022 because of Russia's invasion of Ukraine, as well as of the geopolitical conflict between Israel and Palestine in October 2023. Both conflicts are increasingly affecting economic and global financial markets and exacerbating ongoing economic challenges, including issues such as rising inflation and global supply-chain disruption. Although the company has a small number of customers in both geographical areas, there has been no material impact on the company's activities.”
- “On October 28, 2025, Celanese Corporation announced that it had entered into a definitive agreement to divest its Micromax® business to Element Solutions Inc for approximately $500 million in cash, subject to customary adjustments. The transaction is expected to close in the first quarter of 2026, pending regulatory approvals and other customary closing conditions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DORMAN, Carey James | Director | 2026-02-02 | Jan 1989 | American |
| FUGE, Gareth Michael | Director | 2022-11-01 | Nov 1979 | British |
| LIND, Caroline Simonne | Director | 2026-02-02 | May 1973 | American |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| REEVE, Stephen | Secretary | 2015-06-04 | 2022-05-04 |
| GOUGH, Adrian Paul | Director | 2015-06-04 | 2019-04-01 |
| GREGORY, Michael | Director | 2022-11-01 | 2024-06-30 |
| OLIVER, Lisa Marie | Director | 2022-04-29 | 2022-11-01 |
| REEVE, Stephen | Director | 2015-06-04 | 2022-05-04 |
| SPENCE, David | Director | 2019-04-01 | 2022-11-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Element Solutions Inc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-02-02 | Active |
| Celanese Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-10-17 | Ceased 2026-02-02 |
| Celanese Mercury Holdings Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-10-17 | Ceased 2025-10-17 |
| Celanese Polymer Products Uk Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-05-28 | Ceased 2025-10-17 |
| Dupont De Nemours, Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-12-17 | Ceased 2022-06-01 |
| Du Pont (U.K.) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2018-12-17 |
Filing timeline
Last 20 of 63 total filings
Material constitutional events — rename, articles re-file, resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-18 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-03-18 | AD02 | address | Change sail address company with new address | |
| 2026-02-12 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-11 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-02-11 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-02-11 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-10 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-12-04 | AA | accounts | Accounts with accounts type full | |
| 2025-11-05 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-11-05 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-29 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-05-29 | PSC05 | persons-with-significant-control | Change to a person with significant control without name date | |
| 2024-12-20 | AA | accounts | Accounts with accounts type full | |
| 2024-08-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-15 | AA | accounts | Accounts with accounts type full | |
| 2024-02-01 | CERTNM | change-of-name | Certificate change of name company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 0
- Officers appointed
- 2
- 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.