BOREALIS UK LTD
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Cash
—
Latest balance sheet
Net assets
£5.8m
+40.8% highest in 3 filed years
Employees
6
-14.3% lowest in 3 filed years
Profit before tax
£2.2m
+57.9% highest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £172,362,416 | £174,151,199 | £156,403,502 | -10.2% | |
| Operating profit | £1,263,115 | £2,132,741 | £2,419,970 | +13.5% | |
| Profit before tax | £816,891 | £1,419,948 | £2,241,601 | +57.9% | |
| Net profit | £614,864 | £1,070,815 | £1,680,663 | +57% | |
| Cash | — | — | — | — | |
| Total assets less current liabilities | £3,216,772 | £4,280,174 | £5,922,591 | +38.4% | |
| Net assets | £3,049,186 | £4,120,001 | £5,800,664 | +40.8% | |
| Equity | £3,049,186 | £4,120,001 | £5,800,664 | +40.8% | |
| Average employees | 8 | 7 | 6 | -14.3% | |
| Wages | £1,149,694 | £962,935 | £1,088,709 | +13.1% | |
| Directors' remuneration | £422,412 | £371,814 | £286,930 | -22.8% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 0.7% | 1.2% | 1.5% | |
| Net margin | 0.4% | 0.6% | 1.1% | |
| Return on capital employed | 39.3% | 49.8% | 40.9% | |
| Gearing (liabilities / total assets) | 83.8% | 82.0% | — | |
| Current ratio | 1.19x | 1.23x | 1.33x | |
| Interest cover | 1.53x | 2.11x | 5.47x |
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 3 times since incorporation
- BOREALIS UK LTD 1994-03-01 → present
- NESTE CHEMICALS UK LIMITED 1985-08-30 → 1994-03-01
- UNIFOS U.K. LIMITED 1978-12-31 → 1985-08-30
- STALKMAN LIMITED 1978-09-07 → 1978-12-31
Audit & accounting basis
- Accounting basis
- FRS 101
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Rödl & Partner Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are comfortable to conclude that the current operating environment does not negatively impact Borealis UK Ltd.'s ability to continue as a going concern. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”
Significant events
- “Subsequent to the reporting date, on 31 March 2026, a series of transactions were completed whereby Borouge Group International AG became the ultimate parent undertaking of the Borealis Group.”
- “As part of these transactions, Borouge Group International AG acquired full ownership of Borealis GmbH, the Company's immediate parent undertaking.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 28 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| A G SECRETARIAL LIMITED | Corporate Secretary | 1999-07-07 | — | — |
| MCARDLE, Christopher Philip | Director | 2025-10-03 | Jul 1974 | British |
Show 28 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOGSNES, Bjarte | Secretary | 1994-03-08 | 1996-01-01 |
| BOGSNES, Bjarte | Secretary | — | 1996-01-01 |
| COLSON, Alfred | Secretary | — | 1994-11-03 |
| KIHLMAN, Rabbe | Secretary | — | 1992-10-22 |
| LINDH, Dam Bror Henrik | Secretary | 1992-10-22 | 1993-02-03 |
| NIELSEN, Gunnar | Secretary | 1996-01-01 | 1999-07-01 |
| BOGSNES, Bjarte | Director | 1994-03-08 | 1999-07-01 |
| BUCHT, Harri | Director | 1995-03-01 | 1999-07-01 |
| BYFELDT, Hans | Director | 1999-07-01 | 2003-11-10 |
| CARPENTER, Martin | Director | — | 1991-10-30 |
| CARTER, David George | Director | 2002-05-01 | 2006-01-01 |
| CARTER, David George | Director | 1999-01-01 | 2000-03-01 |
| COLSON, Alfred | Director | 1993-02-03 | 1994-03-08 |
| COPE, Michael Douglas | Director | — | 1998-09-30 |
| FRANCK, Thomas Gustaf | Director | 1992-10-22 | 1994-03-08 |
| FRANCO, Thomas | Director | — | 1991-10-31 |
| GOPFERT, Wolfgang | Director | 1999-07-01 | 2009-07-08 |
| HANACEK, Martin | Director | 2009-07-08 | 2019-04-24 |
| KOLFELT, Bjorn Inge | Director | — | 1994-03-08 |
| NIXON, Robert Andrew | Director | 2006-03-27 | 2024-06-30 |
| SPERLE, Henry | Director | 1994-03-08 | 1994-11-03 |
| SVENSSON, Sven Bertil | Director | 1994-03-08 | 1995-02-28 |
| SYSIO, Kyosti | Director | 1991-11-06 | 1992-10-22 |
| WEBSTER, John Martin | Director | 2019-12-06 | 2025-10-22 |
| WEBSTER, John Martin | Director | 2000-03-01 | 2002-05-01 |
| WEBSTER, John Martin | Director | 1996-01-01 | 1997-02-28 |
| WELCH, Christopher Kevin | Director | 1997-03-01 | 1998-12-31 |
| WIINHOLT, Marianne | Director | 1999-07-01 | 2004-01-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Omv Aktiengesellschaft | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-10-29 | Active |
Filing timeline
Last 20 of 171 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-16 | AA | accounts | Accounts with accounts type full | |
| 2026-07-11 | CH04 | officers | Change corporate secretary company with change date | |
| 2026-07-11 | CH04 | officers | Change corporate secretary company with change date | |
| 2026-05-29 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-05-20 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2026-05-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-10-24 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-21 | AA | accounts | Accounts with accounts type full | |
| 2024-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-06 | AA | accounts | Accounts with accounts type full | |
| 2024-05-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-01 | AA | accounts | Accounts with accounts type full | |
| 2023-05-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-06 | AA | accounts | Accounts with accounts type full | |
| 2021-06-08 | AA | accounts | Accounts with accounts type full | |
| 2021-05-27 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-05-27 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- 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.