INDUSTRIAL CHEMICALS LIMITED
Operating as a subsidiary of Industrial Chemicals Group Ltd, the company manufactures and distributes specialist inorganic chemicals and detergents for various industrial sectors while also providing road freight transport services.
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Cash
£63K
-86.6% vs 2023
Net assets
£23M
+19.4% vs 2023
Employees
469
+2.4% vs 2023
Profit before tax
£5M
-59.7% vs 2023
Net assets
5-year trend · vs Basic Materials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | £126,867,753 | £128,529,215 | — | £187,690,977 | £168,968,326 | -10% | |
| Operating profit | £2,059,878 | £13,119,484 | — | £12,517,281 | £5,267,764 | -57.9% | |
| Profit before tax | £2,059,878 | £13,065,810 | £4,657,486 | £12,518,444 | £5,038,853 | -59.7% | |
| Net profit | £1,983,983 | £12,305,283 | £3,761,489 | £10,330,218 | £3,760,818 | -63.6% | |
| Cash | £14,644 | £168,173 | £725,598 | £468,780 | £62,949 | -86.6% | |
| Total assets less current liabilities | — | — | — | — | — | — | |
| Net assets | £20,829,308 | £33,134,591 | £9,091,366 | £19,421,584 | £23,182,402 | +19.4% | |
| Equity | £20,829,308 | £33,134,591 | £9,091,366 | £19,421,584 | £23,182,402 | +19.4% | |
| Average employees | 487 | 482 | 451 | 458 | 469 | +2.4% | |
| Wages | — | — | — | £23,415,297 | £24,822,479 | +6% | |
| Directors' remuneration | — | — | £0 | £103,999 | £383,917 | +269.2% |
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 | 2019-12-31 | 2020-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | 1.6% | 10.2% | — | 6.7% | 3.1% | |
| Net margin | 1.6% | 9.6% | — | 5.5% | 2.2% | |
| Current ratio | — | — | — | 1.46x | 1.64x | |
| Interest cover | — | — | — | — | 23.01x |
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
- INDUSTRIAL CHEMICALS LIMITED 1999-12-22 → present
- EDDERTON LIMITED 1999-11-30 → 1999-12-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Rickard Luckin Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have confidence that the Company has adequate resources to continue in operational existence for the foreseeable future, with further asset investments planned to expand our capacity, lower our environmental impact, and increase our productivity, securing our long term future.”
Significant events
- “The relocation of head office functions from Grays to Warley, Essex was completed in February 2024, supporting centralisation and efficiency.”
- “the Board undertook a detailed review of the Group's banking arrangements, including a competitive tender process to assess the suitability of alternative providers. As a result, the Group resolved to diversify its banking relationships, extending from a sole relationship with Lloyds Bank to a dual arrangement with Lloyds Bank and NatWest Bank.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LOWTHIAN, Benjamin James | Secretary | 2015-01-19 | — | — |
| BOLLAND, Andrew James | Director | 2023-10-20 | Dec 1971 | British |
| CARVER, Allen Rodney | Director | 1999-12-01 | Aug 1947 | British |
| CARVER, Charles Daryl | Director | 1999-12-01 | Jun 1964 | British |
| CARVER, John William | Director | 2023-10-20 | Apr 1986 | British |
| STRANG, Edwin John | Director | 2012-03-26 | Mar 1958 | British |
| SWABY, Steven Mark | Director | 2023-10-20 | May 1977 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARVER, Charles Daryl | Secretary | 1999-12-01 | 2015-01-19 |
| STEPHEN, Dennis John | Secretary | 1999-11-30 | 1999-12-01 |
| ALVES, Suzanne Louise | Director | 1999-11-30 | 1999-12-01 |
| CARVER, John William | Director | 1999-12-01 | 2020-08-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr John William Carver | Individual | Shares 75–100% (as firm) | 2016-04-06 | Ceased 2020-08-18 |
| Mr Allen Rodney Carver | Individual | Shares 75–100% (as firm) | 2016-04-06 | Ceased 2016-04-06 |
| Mr Charles Daryl Carver | Individual | Shares 75–100% (as firm) | 2016-04-06 | Ceased 2016-04-06 |
| Industrial Chemicals Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 134 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2026-01-15 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-02-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-23 | CH01 | officers | Change person director company with change date | |
| 2024-10-23 | CH01 | officers | Change person director company with change date | |
| 2024-10-22 | CH01 | officers | Change person director company with change date | |
| 2024-09-27 | AA | accounts | Accounts with accounts type full | |
| 2024-02-06 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.