SULZER CHEMTECH (UK) LIMITED
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Cash
£2M
-17.4% vs 2024
Net assets
-£14M
-9.1% vs 2024
Employees
70
-18.6% lowest in 3 filed years
Profit before tax
-£1.2M
-165.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The directors have prepared cash flow forecasts for 12 months from approval, indicating sufficient funds through group's treasury arrangements. Forecasts depend on ultimate parent company, Sulzer AG, not seeking repayment and providing additional financial support. The support sought and received from Sulzer AG is legally binding.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials 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 | £31,611,000 | £31,326,000 | £15,739,000 | -49.8% | |
| Operating profit | -£5,777,000 | £4,207,000 | £406,000 | -90.3% | |
| Profit before tax | -£8,352,000 | £1,869,000 | -£1,216,000 | -165.1% | |
| Net profit | -£8,663,000 | £2,203,000 | -£1,144,000 | -151.9% | |
| Cash | £778,000 | £2,474,000 | £2,044,000 | -17.4% | |
| Total assets less current liabilities | -£14,418,000 | -£12,268,000 | -£13,325,000 | -8.6% | |
| Net assets | -£14,814,000 | -£12,611,000 | -£13,755,000 | -9.1% | |
| Equity | -£14,814,000 | -£12,611,000 | -£13,755,000 | -9.1% | |
| Average employees | 72 | 86 | 70 | -18.6% | |
| Wages | £8,455,000 | £7,153,000 | £4,200,000 | -41.3% | |
| Directors' remuneration | — | £178,000 | £211,000 | +18.5% |
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 | -18.3% | 13.4% | 2.6% | |
| Net margin | -27.4% | 7.0% | -7.3% | |
| Gearing (liabilities / total assets) | 145.2% | 141.0% | — | |
| Current ratio | 0.47x | 0.44x | 0.21x | |
| Interest cover | -2.24x | 1.80x | 0.25x |
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 2 times since incorporation
- SULZER CHEMTECH (UK) LIMITED 1998-12-01 → present
- SULZER PALLADIN LIMITED 1995-01-23 → 1998-12-01
- JUDGEDRESS LIMITED 1994-12-09 → 1995-01-23
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Rödl & Partner Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The directors have prepared cash flow forecasts for 12 months from approval, indicating sufficient funds through group's treasury arrangements. Forecasts depend on ultimate parent company, Sulzer AG, not seeking repayment and providing additional financial support. The support sought and received from Sulzer AG is legally binding.”
Significant events
- “The business has continued to secure long term agreements with customers, which has helped navigate market fluctuations, primarily in the refining and waste to energy markets”
- “Throughout 2025, we have been negotiating many significant contracts, in emerging markets within renewables and clean energy, alongside traditional markets and this will be ongoing into 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARMER, Brett William | Director | 2023-04-25 | May 1978 | British |
| BEGNER, Ingo | Director | 2026-03-26 | Aug 1971 | German |
| JACKSON, Vanessa Lorraine | Director | 2019-11-04 | Mar 1973 | British |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRADWELL, Garth Jeffrey | Secretary | 2004-07-23 | 2018-07-12 |
| BRADWELL, Garth Jeffrey | Secretary | 2003-06-01 | 2003-09-10 |
| JACKSON, Darron Lee | Secretary | 2002-10-25 | 2003-06-01 |
| JACKSON, Darron Lee | Secretary | 1999-02-08 | 2002-02-20 |
| MILLER, Tara Liane | Secretary | 2003-09-10 | 2004-07-23 |
| SANDFORD, David William | Secretary | 1995-01-13 | 1999-02-05 |
| STOKES, Virginia Ann | Secretary | 2002-02-20 | 2002-10-25 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1994-12-09 | 1995-01-13 |
| BAILEY, Jon Glyn | Director | 2013-11-01 | 2019-03-01 |
| BAILEY, Jon Glyn | Director | 2008-07-01 | 2011-03-31 |
| BELIAEVA, Ksenia | Director | 2019-09-02 | 2022-04-01 |
| BRADWELL, Garth Jeffrey | Director | 2004-07-23 | 2018-07-12 |
| BRADWELL, Garth Jeffrey | Director | 2003-06-01 | 2003-09-10 |
| BUTER, Egbert | Director | 2001-01-01 | 2002-02-28 |
| CANNON, Michael Charles | Director | 1995-01-13 | 1997-12-31 |
| COE, Jeffrey Roy | Director | 1995-01-13 | 1998-12-21 |
| DEWITZ, Philippe Andreas | Director | 2022-04-11 | 2026-03-26 |
| GLEN, Graham Robert | Director | 2019-03-01 | 2023-02-28 |
| GROSZ ROLL, Friedrich | Director | 1998-11-23 | 2000-06-19 |
| HUSSAIN, Naveed | Director | 2017-12-22 | 2019-08-01 |
| JACKSON, Darron Lee | Director | 2001-01-01 | 2002-09-02 |
| MALLY, Daniel | Director | 2000-07-04 | 2000-12-31 |
| MARLEY, Jonathan | Director | 2011-04-20 | 2019-06-14 |
| PISSAVINI, Sergio | Director | 2002-03-01 | 2006-02-27 |
| SANDFORD, David William | Director | 1995-01-13 | 2001-01-01 |
| SUESS, Philipp | Director | 2006-12-29 | 2012-11-06 |
| TRABOULSSI, Rafic, Doctor | Director | 2002-05-01 | 2008-07-01 |
| WATTS, Robert | Director | 1995-03-07 | 1998-03-31 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1994-12-09 | 1995-01-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sulzer (Uk) Holdings Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 143 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-27 | AA | accounts | Accounts with accounts type full | |
| 2026-04-03 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-15 | AA | accounts | Accounts with accounts type full | |
| 2024-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-12 | AA | accounts | Accounts with accounts type full | |
| 2023-12-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-23 | AA | accounts | Accounts with accounts type full | |
| 2023-04-26 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-28 | TM01 | officers | Termination director company with name termination date | |
| 2023-02-08 | AA | accounts | Accounts with accounts type full | |
| 2022-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-12 | AP01 | officers | Appoint person director company with name date | |
| 2022-04-11 | TM01 | officers | Termination director company with name termination date | |
| 2021-12-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-06-28 | AA | accounts | Accounts with accounts type full | |
| 2020-12-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-11 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2020-10-07 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.