MOMENTIVE PERFORMANCE MATERIALS HOLDINGS UK LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +1.5%

  £24,108,475 → £24,463,384

• Cash

  -16.2%

  £2,787,287 → £2,335,158

• Net assets

  -17%

  £18,026,898 → £14,962,342

• Employees

  +5.5%

  55 → 58

• Operating profit

  +1,650%

  -£69,126 → £1,071,471

• Profit before tax

  +369.3%

  -£410,110 → £1,104,271

  first positive since 2023

• Wages

  +8.4%

  £2,681,224 → £2,906,433

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. The Directors have reviewed and considered relevant future budgetary information in making their assessment of going concern. On the basis of these assessments, the measures available to mitigate the impact of the current adverse economic conditions and the current resources available, the Directors have concluded that they can continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. MOMENTIVE PERFORMANCE MATERIALS HOLDINGS UK LIMITED · parent
   1. Basildon Chemical Co. Limited 100% · UK · Production and distribution of Industrial silicones.

Significant events

• “In September 2018, MPM Holdings Inc, a global silicones and advanced materials company, and SJL Partners LLC, KCC Corporation and Wonik QnC Corporation (collectively, the "Investor Group"), entered into a definitive merger agreement whereby the Investor Group would acquire Momentive in a transaction valued at approximately $3.1 billion, including the assumption of net debt, pension and OPEB liabilities.”
• “On 6 January 2021 KCC Corp sold its Silicone division, including 100% of the shares in Basildon Chemical Co. Limited to MPM Holdings Inc. Subsequently the company was acquired by Momentive Performance Materials Holdings UK Limited.”
• “The company reported an increase in sales in 2024 compared to 2023. The growth in sales was mostly driven by customers in the Middle East region and Europe with a decline in North and South America.”
• “The increase in demand in 2024 was caused by a stable market and share growth.”
• “The company continues to manufacture silicone and non-silicone based speciality chemicals and entered into a tolling services agreement with GmbH. Under the terms of this agreement, the Company provides manufacturing services for the GmbH. The company receives compensation for these services on a cost-plus fee basis.”
• “In addition, the company continues to recognise the revenue with its customers, being charged by GmbH for the finished products associated with the sales.”

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

Filings

4

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.