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Cash

£907k

-75.2% lowest in 3 filed years

Net assets

£3m

-4.4% lowest in 3 filed years

Employees

17

-5.6% lowest in 3 filed years

Profit before tax

£937k

+2.9% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover —£26,094,847£26,404,815 +1.2%
Operating profit —£851,662£867,763 +1.9%
Profit before tax £1,105,473£910,662£936,763 +2.9%
Net profit £849,473£623,662£723,327 +16%
Cash £1,844,124£3,652,440£907,195 -75.2%
Total assets less current liabilities £3,687,164£3,380,216£3,318,043 -1.8%
Net assets £3,501,406£3,189,068£3,048,793 -4.4%
Equity £3,501,406£3,189,068£3,048,793 -4.4%
Average employees 181817 -5.6%
Wages £874,815£887,228£881,054 -0.7%
Directors' remuneration £159,926£277,507£264,832 -4.6%
Directors' pension contributions £42,516£47,135£29,433 -37.6%

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 2023-12-312024-12-312025-12-31
Operating margin —3.3%3.3%
Net margin —2.4%2.7%
Return on capital employed —25.2%26.2%
Gearing (liabilities / total assets) 53.3%62.8%61.3%
Current ratio 1.58x1.36x1.43x

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

  1. I.C.B. EMULSIONS LIMITED 1991-12-09 → present
  2. GARELM LIMITED 1991-09-27 → 1991-12-09

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Forvis Mazars
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have prepared budgets and cash flows for a period of at least twelve months from the date of the approval of the financial statements which demonstrate that the company will be in a position to meet its liabilities as they fall due.”

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

People

7 active · 29 resigned

Name Role Appointed Born Nationality
CIUFU-HAYWARD, Stefan Secretary 2025-07-28 — —
CAMPBELL, Connor Director 2026-08-01 Aug 1985 English
GRESSE, Aurelien Director 2025-07-28 Mar 1979 French
KLEEBACH, Oliver Director 2025-02-15 Mar 1970 German
LOHAN, Gearoid Director 2018-07-16 Sep 1965 Irish
MACKEY, Ian Samuel Dennis Director 2014-02-12 Jun 1964 British
MADELON, Thierry Hubert Director 2025-09-30 Nov 1966 French
Show 29 resigned officers
Name Role Appointed Resigned
MACKEY, Ian Samuel Dennis Secretary 2014-02-12 2025-07-28
TALBOT, Liam Joseph Paul Secretary 1991-09-27 2014-02-12
BENQUET, Alain Director 2006-12-05 2010-08-27
DE PINS, Christian Director 2010-08-27 2012-02-17
DUPONT, Denis Director 1999-08-23 2009-11-27
GAILLARD, Bernard Director 1999-08-23 2006-12-05
GARDES, Frederic Jean Pierre Director 2016-02-11 2020-02-28
GRASS, Francis Director 2020-02-28 2025-02-15
GRAY, Antony Charles Director 1991-09-27 2005-01-01
HENRY, Liam Director 2020-02-28 2024-12-04
HINES, Peter Martin Director 2003-02-18 2009-11-27
HOOD, Kenneth George Director 2017-09-19 2026-08-01
KILEEN, John Director 1991-09-27 2017-12-20
LE BOULC'H, Laurent Director 2017-02-17 2018-07-16
LE BOULC'H, Laurent Director 2015-07-24 2016-02-11
LLOBREGAT, Raphael Director 2017-02-17 2024-02-19
LYNCH, Hugh Gerard Director 2010-08-27 2021-05-31
MACKENZIE, Alexander John Director 1991-09-27 1999-08-23
MONTOUCHE, Thierry Director 2005-02-15 2017-02-17
ORIOL, Gregory Director 2012-02-17 2017-02-17
OVERTON, Mark David Director 2013-03-31 2022-01-28
QUILLIEN, Philippe Director 2009-11-27 2011-04-29
RENAUD, Geoffroy Romain Director 2021-02-12 2025-07-28
ROULLET, Michelle Director 1991-09-27 2005-02-15
ROUSELL, Frédéric Director 2009-11-27 2015-07-24
RUIZ, Jean-Marie Director 1991-09-27 1999-08-23
SCHEER, Emmanuel Olivier Kazu-Yuki Director 2018-07-16 2021-02-12
TALBOT, Liam Joseph Paul Director 1991-09-27 2018-09-30
WEDDLE, Richard John Director 2005-01-01 2013-03-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Colas Ltd Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 169 total filings

Date Type Category Description
2026-09-16 AA accounts Accounts with accounts type full
2026-09-07 AP01 officers Appoint person director company with name date PDF
2026-08-14 TM01 officers Termination director company with name termination date PDF
2025-10-02 AP01 officers Appoint person director company with name date PDF
2025-09-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-16 AA accounts Accounts with accounts type full
2025-08-12 AP01 officers Appoint person director company with name date PDF
2025-08-12 TM01 officers Termination director company with name termination date PDF
2025-08-12 AP03 officers Appoint person secretary company with name date PDF
2025-08-12 TM02 officers Termination secretary company with name termination date PDF
2025-07-16 AP01 officers Appoint person director company with name date PDF
2025-03-04 TM01 officers Termination director company with name termination date PDF
2025-03-04 TM01 officers Termination director company with name termination date PDF
2024-10-15 AA accounts Accounts with accounts type full
2024-09-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-02-22 TM01 officers Termination director company with name termination date PDF
2023-10-11 AA accounts Accounts with accounts type full
2023-09-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-05 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page