VERDANT SPECIALTY SOLUTIONS HALIFAX LIMITED
Operating as a UK subsidiary of the US-based Verdant Specialty Solutions group and ultimately owned by Samyang Holdings, the company manufactures surfactants and specialty chemicals for personal care, home hygiene, and industrial applications.
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Cash
£1.2m
-42.7% vs 2024
Net assets
£7.6m
-10.9% first positive since 2022
Employees
65
+6.6% highest in 5 filed years
Profit before tax
-£933k
-162.3% vs 2024
Net assets
5-year trend · vs Basic Materials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £18,400,866 | £32,500,865 | £31,348,301 | £30,743,905 | £30,786,731 | +0.1% | |
| Operating profit | -£969,503 | -£526,138 | -£2,324,788 | £1,516,008 | -£932,846 | -161.5% | |
| Profit before tax | -£974,972 | -£528,960 | -£2,340,319 | £1,497,218 | -£932,896 | -162.3% | |
| Net profit | -£974,972 | -£528,960 | -£2,340,319 | £1,384,057 | -£932,896 | -167.4% | |
| Cash | £483,725 | £368,830 | £2,310,336 | £2,132,085 | £1,221,017 | -42.7% | |
| Total assets less current liabilities | £10,060,544 | £9,531,584 | £7,191,265 | £8,575,322 | £7,642,426 | -10.9% | |
| Net assets | £84,294 | -£444,666 | £7,191,265 | £8,575,322 | £7,642,426 | -10.9% | |
| Equity | £84,294 | -£444,666 | £7,191,265 | £8,575,322 | £7,642,426 | -10.9% | |
| Average employees | 64 | 64 | 58 | 61 | 65 | +6.6% | |
| Wages | £2,824,957 | £3,667,828 | £3,092,236 | £3,218,947 | £3,601,486 | +11.9% | |
| Directors' remuneration | — | — | £225,622 | £326,582 | — | — | |
| Directors' pension contributions | — | — | £19,282 | £34,306 | — | — |
Values shown as filed in the company's annual accounts. — 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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | -5.3% | -1.6% | -7.4% | 4.9% | -3.0% | |
| Net margin | -5.3% | -1.6% | -7.5% | 4.5% | -3.0% | |
| Return on capital employed | -9.6% | -5.5% | -32.3% | 17.7% | -12.2% | |
| Gearing (liabilities / total assets) | 99.3% | 102.6% | 50.8% | 45.5% | 50.0% | |
| Current ratio | — | — | 1.46x | 1.71x | 1.48x | |
| Interest cover | — | — | — | 55.75x | -68.51x |
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 1 time since incorporation
- VERDANT SPECIALTY SOLUTIONS HALIFAX LIMITED 2021-06-24 → present
- ODYSSEY HALIFAX LIMITED 2020-10-19 → 2021-06-24
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the projected cash flows, the Directors believe that the Company will be able to pay its debts as and when they fall due for payment for at least 12 months from the date of signing these financial statements on the basis that the amounts due to Group entities are not required to be paid”
Significant events
- “On December 31 2025, the US-based sister Company entered into an Asset Purchase Agreement to acquire Lubrizol's, oilfield specialty chemicals division at Elmendorf, Texas.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PEACOCK, Robert John | Director | 2026-08-01 | May 1966 | American |
| SIMON, Stephane | Director | 2024-04-22 | May 1978 | French |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COX, Alastair Stuart | Director | 2020-10-19 | 2021-04-30 |
| FOLEY, John Charles | Director | 2021-04-30 | 2023-12-15 |
| GREER, Shireen Elizabeth | Director | 2022-07-21 | 2023-06-02 |
| HOEY, Thomas | Director | 2020-10-19 | 2021-04-30 |
| HOLLAND, Michael Neil | Director | 2020-10-29 | 2021-04-30 |
| MURPHY, Alison | Director | 2020-10-29 | 2021-04-30 |
| NELMARK, Todd Alan | Director | 2023-12-15 | 2026-05-19 |
| TUNISON, John Garvin | Director | 2023-07-10 | 2024-03-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr John Charles Foley | Individual | Significant influence | 2021-04-30 | Ceased 2021-04-30 |
| Solvay Solutions Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-10-19 | Ceased 2021-05-01 |
Filing timeline
Last 20 of 40 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-14 | AP01 | officers | Appoint person director company with name date | |
| 2026-09-07 | AA | accounts | Accounts with accounts type full | |
| 2026-05-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-10 | AA | accounts | Accounts with accounts type full | |
| 2024-12-16 | AA | accounts | Accounts with accounts type full | |
| 2024-12-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-21 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-26 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-18 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-12-08 | AA | accounts | Accounts with accounts type full | |
| 2023-10-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-12 | AD03 | address | Move registers to sail company with new address | |
| 2023-10-11 | AD02 | address | Change sail address company with new address | |
| 2023-10-11 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2023-10-11 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-07-10 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-27 | TM01 | officers | Termination director company with name termination date |
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.