JOHNSON MATTHEY DAVY TECHNOLOGIES LIMITED
Operating as a subsidiary of the FTSE 250-listed speciality chemicals group Johnson Matthey plc, the company provides engineering design and process technology services for industrial chemical production.
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Cash
£0
-100% lowest in 3 filed years
Net assets
£119m
-11.3% vs 2025
Employees
778
+272.2% highest in 3 filed years
Profit before tax
-£25m
-127.4% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
On the basis of that guidance and the fact that the directors cannot know with certainty the detailed plans of the acquirer, they have, on balance, considered this to be a material uncertainty over the entity's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
Net assets
3-year trend · vs Basic Materials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £103,980,000 | £177,433,000 | £271,261,000 | +52.9% | |
| Operating profit | £25,565,000 | £86,681,000 | -£17,695,000 | -120.4% | |
| Profit before tax | £31,634,000 | £92,719,000 | -£25,415,000 | -127.4% | |
| Net profit | £27,160,000 | £68,810,000 | -£13,813,000 | -120.1% | |
| Cash | £120,000 | £4,862,000 | £0 | -100% | |
| Total assets less current liabilities | £73,947,000 | £139,874,000 | £127,323,000 | -9% | |
| Net assets | £65,721,000 | £134,555,000 | £119,308,000 | -11.3% | |
| Equity | £65,721,000 | £134,555,000 | £119,308,000 | -11.3% | |
| Average employees | 181 | 209 | 778 | +272.2% | |
| Wages | £17,791,000 | £17,564,000 | £59,700,000 | +239.9% | |
| Directors' remuneration | — | £0 | £712,000 | — |
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 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 24.6% | 48.9% | -6.5% | |
| Net margin | 26.1% | 38.8% | -5.1% | |
| Return on capital employed | 34.6% | 62.0% | -13.9% | |
| Gearing (liabilities / total assets) | 62.7% | 34.3% | 84.1% | |
| Current ratio | 1.60x | 2.90x | 0.32x | |
| Interest cover | — | — | -2.29x |
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 9 times since incorporation
- JOHNSON MATTHEY DAVY TECHNOLOGIES LIMITED 2013-09-02 → present
- DAVY PROCESS TECHNOLOGY LIMITED 2001-11-28 → 2013-09-02
- KVAERNER PROCESS TECHNOLOGY LIMITED 1996-09-12 → 2001-11-28
- KVAERNER JOHN BROWN TECHNOLOGY LIMITED 1996-08-16 → 1996-09-12
- DAVY PROCESS TECHNOLOGY LIMITED 1996-08-15 → 1996-08-16
- DAVY PROCESS TECHNOLOGY LIMITED 1995-03-31 → 1996-08-15
- DAVY MCKEE (LONDON) LIMITED 1982-06-02 → 1995-03-31
- DAVY MCKEE (OIL & CHEMICALS) LIMITED 1980-12-31 → 1982-06-02
- DAVY INTERNATIONAL (OIL & CHEMICALS) LIMITED 1979-12-31 → 1980-12-31
- DAVY POWERGAS LIMITED 1959-08-19 → 1979-12-31
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“On the basis of that guidance and the fact that the directors cannot know with certainty the detailed plans of the acquirer, they have, on balance, considered this to be a material uncertainty over the entity's ability to continue as a going concern.”
Group structure
- JOHNSON MATTHEY DAVY TECHNOLOGIES LIMITED · parent
- Johnson Matthey Chemicals India Private Limited 100%
- Johnson Matthey Canada, Inc 100%
- Johnson Matthey Singapore Private Limited 100%
- Johnson Matthey Clean Energy Technologies (Beijing) Co., Ltd 100%
- Johnson Matthey Chemical Process Technologies (Shanghai) Company Limited 100%
- Johnson Matthey Formox AB 100%
- Johnson Matthey Services (Trinidad and Tobago) Limited 100%
- Johnson Matthey Arabia for Business Services LLC 100%
- Johnson Matthey Catalyst Technologies - LLC - S.P.C. 100%
- Johnson Matthey (Shanghai) Trading Limited 100%
- Intercat Europe BV 100%
Significant events
- “On 22 May 2025, the ultimate parent company (Johnson Matthey Plc) announced the sale of its Catalyst Technologies business (comprising the Catalyst and Licensing businesses), including the company, to Honeywell International Inc., which is expected to complete in calendar year 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 46 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DANKS, Mark, Dr | Director | 2019-09-09 | Jan 1976 | British |
| HEGINBOTTOM, David | Director | 2022-11-01 | Nov 1970 | British |
| PATERSON, Ross | Director | 2022-11-01 | Mar 1980 | British |
| SUTTON, David Mark | Director | 2022-12-02 | Apr 1965 | British |
Show 46 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARLOW, Victoria | Secretary | 2019-11-27 | 2026-02-18 |
| BRUCE-WATT, Linda | Secretary | 2020-04-16 | 2021-02-05 |
| CASTLE, Alan George | Secretary | 1992-09-01 | 1997-09-08 |
| FARRANT, Simon | Secretary | 2006-02-01 | 2020-03-31 |
| HADLEY, Denis Bernard | Secretary | 1997-09-08 | 2006-02-01 |
| HANSON, Ian Michael | Secretary | — | 1992-09-01 |
| ANDREWS, Graham Derek | Director | 2018-10-08 | 2022-11-01 |
| BORDET, Antoine | Director | 2011-02-08 | 2015-04-01 |
| BRIDGER, Colin Henry | Director | — | 1992-01-31 |
| BURTON, Richard Anthony Rothwell | Director | — | 1991-12-31 |
| COOKE, John Patrick Francis | Director | — | 1992-01-31 |
| DANCE, Peter | Director | — | 1997-03-01 |
| DUHAN, James Bernard | Director | 2004-03-03 | 2009-04-30 |
| FOSTER, Michael George | Director | 1999-01-13 | 2000-01-31 |
| FRANKLIN, Frederick Stuart | Director | 2004-03-03 | 2009-05-08 |
| GAMBLE, Nigel William | Director | 2008-05-15 | 2017-09-11 |
| GLENTON, Derek | Director | — | 1991-10-21 |
| GORDON, John | Director | 2018-10-22 | 2021-10-29 |
| HADLEY, Denis Bernard | Director | 2001-11-23 | 2008-03-31 |
| HANSON, Derek | Director | 1991-10-01 | 1996-12-31 |
| HARRIS, Norman | Director | 1993-11-01 | 1998-02-28 |
| HAWKER, Pelham Nigel, Doctor | Director | 2006-02-01 | 2009-07-01 |
| HENRY, Keith Nicholas | Director | 2000-03-07 | 2001-11-23 |
| HILES, Andrew George | Director | 2010-02-23 | 2016-03-31 |
| HOLT, Michael St John | Director | 1997-09-08 | 1999-04-09 |
| HUDDART, Ian Bruce Charles | Director | 2006-02-01 | 2009-07-01 |
| MARTIN, Iain James | Director | 2009-05-01 | 2013-04-01 |
| MCTIGHE, Edward Patrick | Director | — | 1991-11-30 |
| MOORHOUSE, David George | Director | 1992-11-17 | 1999-04-09 |
| MORGAN, David William | Director | 2006-02-01 | 2009-07-21 |
| MURPHY, John Anthony | Director | 1999-01-13 | 2000-10-13 |
| OLIVER, Karen Jacqueline | Director | 2015-12-04 | 2017-10-02 |
| OTTERMAN, Geoffrey Paul | Director | 2011-10-12 | 2017-07-11 |
| PARR, Martin Julian | Director | 2001-11-23 | 2006-02-01 |
| PREST, David William | Director | 2015-04-01 | 2015-12-04 |
| PROCTER, Kenneth | Director | — | 1991-12-31 |
| ROBINSON, Ian, Sir | Director | 1991-10-01 | 1992-11-17 |
| ROBINSON, Steven Paul | Director | 2009-07-01 | 2018-10-09 |
| SCOTT, Rae | Director | — | 1992-10-31 |
| SLATTERY, Simon | Director | 2017-09-21 | 2018-09-28 |
| SNOW, Thomas George | Director | 1997-01-29 | 1999-11-01 |
| SUTTON, David Mark | Director | 2013-04-01 | 2018-12-31 |
| THOMPSON, Roger Grosvenor | Director | — | 1991-07-24 |
| TOMLINSON, David Joseph, Dr | Director | 1999-11-01 | 2011-04-30 |
| WHITLEY, Neil | Director | 2009-07-01 | 2011-10-12 |
| WILSON, John Christopher | Director | 2000-10-13 | 2001-11-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Johnson Matthey Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 281 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-24 | AA | accounts | Accounts with accounts type full | |
| 2026-05-29 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-27 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-12-23 | AA | accounts | Accounts with accounts type full | |
| 2025-04-10 | AAMD | accounts | Accounts amended with accounts type full | |
| 2025-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-13 | CH01 | officers | Change person director company with change date | |
| 2025-02-12 | CH03 | officers | Change person secretary company with change date | |
| 2025-02-12 | CH01 | officers | Change person director company with change date | |
| 2025-02-12 | CH01 | officers | Change person director company with change date | |
| 2025-02-12 | CH01 | officers | Change person director company with change date | |
| 2025-02-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-02-03 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-12-16 | AA | accounts | Accounts with accounts type full | |
| 2024-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-10 | AA | accounts | Accounts with accounts type full | |
| 2023-04-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-05 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- 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.