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Cash

£762K

-67.3% lowest in 6 filed years

Net assets

£13M

+1.8% highest in 6 filed years

Employees

44

+22.2% highest in 6 filed years

Profit before tax

£344K

-28.6% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

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

Metric Trend 2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31 Δ vs prior
Turnover £23,300,697£32,682,995£32,600,382£17,719,582£6,591,079£7,253,289 +10%
Operating profit £2,653,334£3,249,453£2,209,285£228,413£380,310£417,603 +9.8%
Profit before tax £2,654,463£3,243,041£2,219,331£274,779£482,080£344,197 -28.6%
Net profit £2,103,257£2,522,290£2,056,512£196,375£354,613£242,222 -31.7%
Cash £1,941,549£1,138,666£4,145,981£6,795,296£2,330,552£762,328 -67.3%
Total assets less current liabilities £10,671,618£11,089,114£13,063,970£13,338,749£13,820,829£19,394,513 +40.3%
Net assets £10,271,172£10,641,307£12,697,819£12,894,194£13,248,807£13,491,029 +1.8%
Equity £10,271,172£10,641,307£12,697,819£12,894,194£13,248,807£13,491,029 +1.8%
Average employees 343236323644 +22.2%
Wages £1,448,198£1,633,532£1,642,304£1,478,168£1,592,996
Directors' remuneration £0£31,277£118,207£122,795

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 2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating margin 11.4%9.9%6.8%1.3%5.8%5.8%
Net margin 9.0%7.7%6.3%1.1%5.4%3.3%
Return on capital employed 24.9%29.3%16.9%1.7%2.8%2.2%
Gearing (liabilities / total assets) 20.3%24.2%36.8%
Current ratio 3.30x1.17x1.09x
Interest cover 4.78x

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

  1. AOC RESINS UK LTD 2022-10-18 → present
  2. DELTECH EUROPE LIMITED 2000-06-19 → 2022-10-18

Audit & accounting basis

Accounting basis
FRS 102 §1A
Reporting scope
Standalone (parent only)
Abridged
Yes — abridged accounts (limited disclosure)
Auditor
Ensors
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

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

People

5 active · 13 resigned

Name Role Appointed Born Nationality
BASSIS, Luca Director 2024-05-01 Apr 1971 Italian
FREIHERR VON FRANZ, Johannes Jacobus Dirck Director 2025-12-01 Sep 1981 Dutch,German
PANTANOWITZ, Jonathan Director 2025-12-01 Dec 1969 Israeli
THEEUWES, Franciscus Johannes Petrus Maria Director 2022-10-11 Feb 1977 Dutch
VAN OOSTERHOUT, Hugo Niels Director 2025-06-01 Oct 1988 Dutch
Show 13 resigned officers
Name Role Appointed Resigned
ACCOUNTANTS LLP, Ensors Secretary 2026-01-01 2026-01-01
COSEC SERVICES LIMITED Corporate Secretary 2000-06-19 2002-11-11
ENSORS ACCOUNTANTS LLP Corporate Secretary 2026-01-01 2026-01-01
HS SECRETARIAL LIMITED Corporate Secretary 2002-01-11 2021-08-20
VISTRA COSEC LIMITED Corporate Secretary 2021-11-29 2025-12-31
ALLAN, Christopher George Director 2022-10-11 2026-03-05
ELEFANTE, Robert Director 2000-06-23 2021-09-07
HENRY, Rebecca Shuffield Director 2021-08-20 2022-10-11
MILLS, Deborah Louise Director 2000-06-19 2000-06-23
OSTERWIND, Stefan Peter Director 2022-10-11 2026-02-25
PERAIRE, Fernando Miquel Director 2022-10-11 2025-10-31
SOULIE, Jean-Christophe Guillaume Director 2022-10-11 2024-05-01
ZERINGUE, Jesse John Director 2021-09-07 2022-10-11

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Nippon Paint Holdings Co., Ltd. Corporate entity Significant influence 2025-03-03 Active
John Patrick Grayken Individual Voting 75–100% 2022-09-30 Ceased 2025-03-03
Aoc (China) Holding B.V. Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-09-30 Ceased 2022-09-30
Deltech Europe Holdings, Ltd. Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2021-08-20 Ceased 2022-09-30
Mr Robert Elefante Individual Significant influence 2016-06-30 Ceased 2021-08-20

Filing timeline

Last 20 of 137 total filings

Date Type Category Description
2026-06-03 AA accounts Accounts with accounts type full PDF
2026-03-06 TM01 officers Termination director company with name termination date PDF
2026-02-25 TM01 officers Termination director company with name termination date PDF
2026-01-08 AP01 officers Appoint person director company with name date PDF
2026-01-08 TM02 officers Termination secretary company with name termination date PDF
2026-01-07 TM02 officers Termination secretary company with name termination date PDF
2026-01-07 AP04 officers Appoint corporate secretary company with name date PDF
2026-01-07 AP03 officers Appoint person secretary company with name date PDF
2026-01-07 TM02 officers Termination secretary company with name termination date PDF
2026-01-06 AD01 address Change registered office address company with date old address new address PDF
2026-01-05 AP01 officers Appoint person director company with name date PDF
2025-12-17 TM01 officers Termination director company with name termination date PDF
2025-07-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-20 AA accounts Accounts with accounts type full PDF
2025-06-04 CH01 officers Change person director company with change date PDF
2025-06-03 AP01 officers Appoint person director company with name date PDF
2025-05-27 CH01 officers Change person director company with change date PDF
2025-04-08 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-04-08 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2024-09-30 AA accounts Accounts with accounts type full PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
13

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
6

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page