GLENCORE COMMODITIES LTD
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Cash
£105k
USD 141,000
-96.4% lowest in 3 filed years
Net assets
£343m
USD 462,139,000
-2.8% vs 2024
Employees
0
Average over period
Profit before tax
£14m
USD 19,097,000
+0.3% vs 2024
Net assets
3-year trend · vs Financials 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 | £24,450,894 | £28,751,194 | £28,133,581 | -2.1% | |
| Operating profit | £15,047,066 | £18,167,781 | £17,861,224 | -1.7% | |
| Profit before tax | £13,289,143 | £14,134,034 | £14,172,171 | +0.3% | |
| Net profit | £15,558,519 | £13,351,640 | £13,575,510 | +1.7% | |
| Cash | £301,224 | £2,909,105 | £104,638 | -96.4% | |
| Total assets less current liabilities | £333,635,864 | £352,731,614 | £342,960,297 | -2.8% | |
| Net assets | £333,635,864 | £352,731,614 | £342,960,297 | -2.8% | |
| Equity | £333,635,864 | £352,731,614 | £342,960,297 | -2.8% | |
| Average employees | 0 | 0 | 0 | — | |
| Wages | — | £0 | £0 | — | |
| Directors' remuneration | £0 | £0 | £0 | — |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — 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 | 61.5% | 63.2% | 63.5% | |
| Net margin | 63.6% | 46.4% | 48.3% | |
| Return on capital employed | 4.5% | 5.2% | 5.2% | |
| Gearing (liabilities / total assets) | 74.9% | 63.0% | 67.8% | |
| Current ratio | 1.33x | 1.58x | 1.47x | |
| Interest cover | 1.31x | 2.08x | 4.55x |
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
- GLENCORE COMMODITIES LTD 2001-02-14 → present
- IXOMEX LIMITED 1984-02-03 → 2001-02-14
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Through the existing trading facilitation agreements, which the Directors expect to continue for the foreseeable future, the Company has access to the Group's committed funding and liquidity lines... indicate it is appropriate for the Company to adopt the going concern basis”
Significant events
- “There have been no significant events after the reporting period that require disclosure.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUBROVSKA, Kateryna | Secretary | 2024-05-23 | — | — |
| AUSTIN, Gareth | Director | 2025-07-08 | Mar 1980 | British |
| BLOUNT, Warren Michael | Director | 2014-07-18 | Aug 1973 | South African |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOXER, James Michael John | Secretary | — | 2000-03-14 |
| DILWORTH, Eoin | Secretary | 2008-04-01 | 2012-09-20 |
| HINKS, Matthew | Secretary | 2012-09-20 | 2015-09-25 |
| REID, Nicholas James | Secretary | 2015-09-25 | 2024-05-23 |
| SMITH, Colin Richard | Secretary | 2000-03-14 | 2008-08-28 |
| BEARD, Alexander Frank | Director | 2005-04-01 | 2019-06-30 |
| DAUPHIN, Claude | Director | 1991-12-16 | 1992-07-09 |
| DESTRIBATS, Frank Emmanuel | Director | 2001-09-04 | 2007-01-31 |
| DREYFUSS, Daniel Natan | Director | 1993-01-07 | 2001-08-01 |
| FIGEAC, Aurelien Jean Marie Romain | Director | 2021-09-06 | 2026-03-16 |
| GIBSON, Andrew | Director | 2009-01-23 | 2018-03-29 |
| GRIMES, Laurence William | Director | — | 1995-09-13 |
| JONES, Giles Peter | Director | 2007-03-01 | 2009-01-23 |
| MULLERVY, Terence Anthony | Director | 2001-04-30 | 2007-07-31 |
| POSEN, Felix D | Director | — | 1991-12-16 |
| SANNA, Alexander | Director | 2021-09-06 | 2022-12-16 |
| SLOMAN, Ian Stanley | Director | 2009-01-23 | 2015-06-01 |
| TUCKEY, Michael John | Director | 1993-03-29 | 2001-04-30 |
| WEISS, Lawrence Martin | Director | 2001-08-01 | 2008-09-15 |
| WEISS, Manny | Director | 1991-12-16 | 1992-06-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Glencore Uk Ltd. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 152 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-03-16 MA Memorandum articles
- 2023-03-16 RESOLUTIONS Resolution
- 2023-03-15 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-18 | AA | accounts | Accounts with accounts type full | |
| 2026-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-17 | AA | accounts | Accounts with accounts type full | |
| 2025-07-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-10 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-09-18 | AA | accounts | Accounts with accounts type full | |
| 2024-06-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-23 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-05-23 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-09-23 | AA | accounts | Accounts with accounts type full | |
| 2023-06-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-16 | MA | incorporation | Memorandum articles | |
| 2023-03-16 | RESOLUTIONS | resolution | Resolution | |
| 2023-03-15 | CC04 | change-of-constitution | Statement of companys objects | |
| 2022-12-20 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-22 | AA | accounts | Accounts with accounts type full | |
| 2022-06-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-12 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.