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Cash

£1.5m

+63.8% vs 2024

Net assets

£9.4m

+68.9% highest in 5 filed years

Employees

20

+5.3% highest in 5 filed years

Profit before tax

£5.1m

+12.1% highest in 5 filed years

Accounts

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

Metric Trend 2021-12-312022-12-312023-12-312024-12-312025-12-31 Δ vs prior
Turnover £17,328,000£18,341,000£24,542,000£26,105,000£27,404,000 +5%
Operating profit £2,077,000£4,476,000£5,088,000 +13.7%
Profit before tax £3,573,000£4,103,000£2,125,000£4,571,000£5,123,000 +12.1%
Net profit £2,893,000£3,322,000£1,625,000£3,427,000£3,828,000 +11.7%
Cash £1,822,000£2,598,000£1,669,000£895,000£1,466,000 +63.8%
Total assets less current liabilities £5,684,000£8,156,000£5,781,000£5,558,000£9,386,000 +68.9%
Net assets £5,781,000£5,558,000£9,386,000 +68.9%
Equity £5,684,000£8,156,000£5,781,000£5,558,000£9,386,000 +68.9%
Average employees 1819191920 +5.3%
Wages £1,383,000£1,437,000£1,163,000£1,049,000£1,405,000 +33.9%
Directors' remuneration £232,000£219,000£127,000£0£0

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 2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating margin 8.5%17.1%18.6%
Net margin 16.7%18.1%6.6%13.1%14.0%
Return on capital employed 35.9%80.5%54.2%
Gearing (liabilities / total assets) 28.4%30.0%
Current ratio 3.51x3.32x7.69x

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 5 times since incorporation

  1. NUTRIAD LTD 2009-09-20 → present
  2. BFI INNOVATIONS LIMITED 2003-10-23 → 2009-09-20
  3. BRAES UK LIMITED 1999-11-18 → 2003-10-23
  4. INTERNATIONAL ADDITIVES LIMITED 1999-10-19 → 1999-11-18
  5. HAYS INGREDIENTS LIMITED 1993-12-22 → 1999-10-19
  6. INTERNATIONAL ADDITIVES LIMITED 1963-06-24 → 1993-12-22

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
MHA
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Russian-Ukraine war should no longer be seen as a major problem, but the ongoing situation presents some challenges and uncertainties, the directors consider these on a regular basis and have prepared an outlook for 2026 and 2027 which demonstrates that the company should be able to continue to operate as a going concern for the near future.”

Significant events

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

People

2 active · 30 resigned

Name Role Appointed Born Nationality
COHADON, Fabien Director 2021-06-28 Jan 1984 French
MICHIENZI, Bruno Director 2023-06-06 Jul 1972 Italian
Show 30 resigned officers
Name Role Appointed Resigned
CASSELLS, Leslie James Davidson Secretary 1999-02-19 1999-06-03
HARRISON, Michael John Secretary 1999-06-03 1999-10-19
HUNTER, Anthony George Secretary 1999-10-19 2003-05-27
SHELDON, Raymond Secretary 1993-10-15 1999-02-19
SLATER, William George Secretary 1993-10-15
SPRINGETT, Maria Elizabeth Secretary 2003-11-24 2017-03-15
PROFESSIONAL LEGAL SERVICES LIMITED Corporate Secretary 2003-05-27 2003-11-24
COOP, Michael Antony Director 1993-10-15 1995-10-17
DE SCHEPPER, Johan Richard Mark Renaat Director 2008-12-09 2010-03-29
DELCROIX, Roger Maria Petrus Director 2003-05-27 2006-12-31
GARROW, Nigel Stephen Director 1999-10-19 2003-05-27
HARRISON, Michael John Director 1999-06-03 1999-10-19
HOUGH, Kenneth Director 1995-08-04 1999-10-19
HUIJG, Jan Piet Director 2010-03-29 2011-06-09
INDIGNE, Frank Director 2007-01-01 2008-12-09
INDIGNE, Hilde Lucy Louise Director 2003-05-27 2008-12-09
INDIGNE, Marc Johan Octave Director 2003-05-27 2008-12-09
JANSSEN, Hubertus Antonius Henricus Maria Director 2014-12-31 2021-06-30
KENNEDY, David Armstrong Director 1999-10-19
MARTYN, Simon Paul Director 2019-06-01 2023-06-01
MARTYN, Simon Paul Director 2008-12-09 2014-12-31
MATHERS, Harold Director 1993-10-15
MATTHEWMAN, Dennis Director 1998-07-31
MCBRIDE, William Struan Director 1999-10-19 2003-05-27
MCLAUGHLAN, Geoffrey Director 1993-09-27 1993-10-15
NOLAN, John Christopher Director 1993-04-01 1994-09-27
RILEY, John Richard Director 1993-10-15 1995-10-17
SHELDON, Raymond Director 1995-10-30 1999-02-19
SLATER, William George Director 1993-10-15 1995-05-31
VISSER, Erik Robert Director 2011-06-09 2019-05-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Simon Paul Martyn Individual Significant influence 2019-06-01 Ceased 2023-06-01
Mr Hubertus Antonius Henricus Maria Janssen Individual Significant influence, Significant influence (as firm) 2016-04-06 Ceased 2021-06-30
Mr Erik Robert Visser Individual Significant influence, Significant influence (as firm) 2016-04-06 Ceased 2019-05-31

Filing timeline

Last 20 of 206 total filings

Date Type Category Description
2026-07-13 AA accounts Accounts with accounts type full PDF
2025-10-06 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-17 AA accounts Accounts with accounts type full PDF
2024-10-11 CS01 confirmation-statement Confirmation statement with updates PDF
2024-10-11 CH01 officers Change person director company with change date PDF
2024-10-11 CH01 officers Change person director company with change date PDF
2024-08-29 AA accounts Accounts with accounts type full PDF
2023-09-28 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-08 AA accounts Accounts with accounts type full PDF
2023-06-20 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2023-06-20 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2023-06-07 AP01 officers Appoint person director company with name date PDF
2023-06-02 TM01 officers Termination director company with name termination date PDF
2022-11-24 AA accounts Accounts with accounts type full
2022-09-23 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-09-15 CS01 confirmation-statement Confirmation statement with updates PDF
2021-09-15 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2021-08-22 AA accounts Accounts with accounts type full
2021-07-06 TM01 officers Termination director company with name termination date PDF
2021-07-06 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

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.

Official Companies House page