LYB TREASURY SERVICES LTD.
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-13 (in 5mo)
Last made up 2025-09-29
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£690M
USD 923,505,000
+6.6% vs 2023
Employees
0
Average over period
Profit before tax
£43M
USD 57,434,000
+4.5% vs 2023
Net assets
2-year trend · vs Financials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£5,980 | -£13,456 | |
| Profit before tax | £41,104,882 | £42,934,888 | |
| Net profit | £41,104,882 | £42,934,888 | |
| Cash | — | — | |
| Total assets less current liabilities | £647,432,907 | £690,367,795 | |
| Net assets | £647,432,907 | £690,367,795 | |
| Equity | £647,432,907 | £690,367,795 | |
| Average employees | 0 | 0 | |
| Wages | £0 | £0 | |
| Directors' remuneration | £0 | £0 |
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
—
Not reported
-
Cash
—
Not reported
-
Net assets
+6.6%
£647,432,907 £690,367,795
-
Employees
—
Not reported
-
Operating profit
-125%
-£5,980 -£13,456
-
Profit before tax
+4.5%
£41,104,882 £42,934,888
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | -0.0% | -0.0% | |
| Current ratio | 57740.49x | 61569.52x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Company's business activities, together with the factors likely to affect its future development and position are set out in the Strategic report. The Company participates in the Group's centralised treasury arrangements and therefore shares banking arrangements with its parent and fellow subsidiaries. Having considered the financial position of the Group the Directors have no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the Company to continue as a going concern or its ability to fulfil its financial obligations. Thus the Directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GRASSO, Thomas Michael | Director | 2026-02-19 | Apr 1979 | Italian |
| KALIDAS, Hitesh Jugdish, Mr. | Director | 2021-01-21 | Nov 1988 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FORTUIN, Hendrik Cornelis Johannes | Director | 2015-10-06 | 2016-09-30 |
| NETTLES, Brian Scott | Director | 2015-10-02 | 2016-08-31 |
| QURESHI, Muhammad Adil, Mr. | Director | 2018-01-26 | 2021-01-21 |
| SCIOTA, Marcello | Director | 2015-10-02 | 2018-01-31 |
| VAN ES, Frank Gerardus Maria Antonius | Director | 2016-08-31 | 2026-02-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lyondellbasell Scs Uk Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-11-09 | Active |
| Lyondellbasell Industries N.V. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2021-11-09 |
Filing timeline
Last 20 of 46 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-13 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-29 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-07-08 | AA | accounts | Accounts with accounts type full | |
| 2024-10-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-18 | AA | accounts | Accounts with accounts type full | |
| 2023-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-25 | AA | accounts | Accounts with accounts type full | |
| 2022-10-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-10 | AA | accounts | Accounts with accounts type full | |
| 2021-12-01 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-12-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-12-01 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-10-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-25 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-10-07 | AA | accounts | Accounts with accounts type full | |
| 2021-01-21 | AP01 | officers | Appoint person director company with name date | |
| 2021-01-21 | TM01 | officers | Termination director company with name termination date | |
| 2020-12-16 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.