INOVYN CHLORVINYLS LIMITED
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Cash
£7.8M
-43.1% lowest in 3 filed years
Net assets
£347M
+12.3% highest in 3 filed years
Employees
620
-0.2% vs 2024
Profit before tax
£47M
+38.6% vs 2024
Net assets
3-year trend · vs Basic Materials 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 | £341,300,000 | £271,000,000 | £290,500,000 | +7.2% | |
| Operating profit | £94,400,000 | £31,000,000 | £38,500,000 | +24.2% | |
| Profit before tax | £97,500,000 | £33,700,000 | £46,700,000 | +38.6% | |
| Net profit | £77,300,000 | £26,400,000 | £35,800,000 | +35.6% | |
| Cash | £8,600,000 | £13,700,000 | £7,800,000 | -43.1% | |
| Total assets less current liabilities | £351,900,000 | £410,300,000 | £439,800,000 | +7.2% | |
| Net assets | £276,800,000 | £308,500,000 | £346,500,000 | +12.3% | |
| Equity | £276,800,000 | £308,500,000 | £346,500,000 | +12.3% | |
| Average employees | 629 | 621 | 620 | -0.2% | |
| Wages | £41,300,000 | £37,000,000 | £40,500,000 | +9.5% | |
| Directors' remuneration | £300,000 | £300,000 | £200,000 | -33.3% |
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 | 27.7% | 11.4% | 13.3% | |
| Net margin | 22.6% | 9.7% | 12.3% | |
| Return on capital employed | 26.8% | 7.6% | 8.8% | |
| Gearing (liabilities / total assets) | 40.5% | 41.6% | 39.3% | |
| Current ratio | 2.20x | 2.96x | 3.36x | |
| Interest cover | — | 20.67x | — |
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
- INOVYN CHLORVINYLS LIMITED 2015-06-26 → present
- INEOS CHLORVINYLS LIMITED 2011-06-28 → 2015-06-26
- INEOS CHLOR LIMITED 2000-12-08 → 2011-06-28
- MAWLAW 519 LIMITED 2000-09-11 → 2000-12-08
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the Directors do not expect a material impact on the Company's ability to operate as a going concern. Accordingly, the Company continues to adopt the going concern basis in preparing its financial statements. 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.”
Group structure
- INOVYN CHLORVINYLS LIMITED · parent
- INOVYN Americas Inc 100%
- INEOS Chlor Trustees Limited 100%
- EVC Pension Trustees Limited 100%
- INOVYN Energy Limited 100%
- INOVYN Services Limited 100%
- Keuper Gas Storage Limited 100%
Significant events
- “In January 2026 the Company entered into an €4.5 million inventory monetisation agreement denominated in Euro with Ineos Quattro Financing Limited ('IQFL') for an initial term of two years which is extendable by mutual agreement. Under these arrangements, the Company sells certain inventory to IQFL and agreed to buy-back equivalent inventory at the end of the term at the same price. During the term, and subject to certain covenants and rights, IQFL provides the Company with a just-in-time service for use of the inventory, and the ability to substitute used inventory with equivalent inventory, in return for a transaction fee.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 40 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCKEE, Jenny Ellen | Secretary | 2022-05-01 | — | — |
| ALLMAN, James William | Director | 2026-02-10 | Aug 1977 | British |
| BROWN, Andrew, Mr. | Director | 2026-02-10 | Jun 1981 | British |
| OWEN, Paul Thomas | Director | 2025-06-04 | Dec 1963 | British |
Show 40 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HEEMSKERK, Leonardus Hendrik | Secretary | 2003-08-08 | 2005-10-10 |
| HEEMSKERK, Leonardus Hendrik | Secretary | 2001-04-01 | 2003-07-30 |
| NICHOLS, Paul Frederick | Secretary | 2005-10-10 | 2022-05-01 |
| PAUL, Nigel Anthony Lewis | Secretary | 2001-02-01 | 2001-04-01 |
| REECE, John | Secretary | 2001-01-09 | 2001-02-01 |
| TRAYNOR, Anthony | Secretary | 2003-07-30 | 2003-08-08 |
| MAWLAW SECRETARIES LIMITED | Corporate Secretary | 2000-09-11 | 2001-01-16 |
| BOUCKLEY, Nigel Martin | Director | 2021-07-23 | 2025-06-04 |
| CROTTY, Thomas Patrick | Director | 2003-09-24 | 2015-07-02 |
| CURRIE, Andrew Christopher | Director | 2001-01-09 | 2001-08-09 |
| DANIELS, Paul Mark | Director | 2022-01-04 | 2026-02-10 |
| DECADT, Ghislain Georges Jose | Director | 2011-01-01 | 2015-07-02 |
| GARDNER, Michael | Director | 2001-07-23 | 2003-09-24 |
| GARDNER, Michael | Director | 2000-10-30 | 2001-01-16 |
| GEE, David John | Director | 2003-09-24 | 2004-10-25 |
| GRAY, Frederick Philp | Director | 2001-07-23 | 2002-12-20 |
| HEEMSKERK, Leonardus Hendrik | Director | 2001-07-23 | 2006-02-03 |
| HORROCKS, David James | Director | 2021-03-01 | 2026-02-10 |
| LEASK, Graeme | Director | 2009-03-23 | 2009-03-24 |
| MACLEAN, Calum Grigor | Director | 2001-02-01 | 2003-09-24 |
| MADDEN, William Ferrars, Doctor | Director | 2001-02-01 | 2002-12-31 |
| MAHER, Michael John | Director | 2006-02-03 | 2021-03-01 |
| METCALFE, Keith | Director | 2011-09-05 | 2015-04-14 |
| MOORCROFT, Anthony | Director | 2009-09-14 | 2024-04-10 |
| PAUL, Nigel Anthony Lewis | Director | 2000-12-06 | 2001-01-16 |
| RADDER, Helmut Kurt Hans | Director | 2000-10-31 | 2001-01-16 |
| RATCLIFFE, James Arthur, Sir | Director | 2003-12-31 | 2009-09-14 |
| REECE, John | Director | 2001-01-09 | 2001-08-09 |
| REED, Ashley Julian | Director | 2006-02-03 | 2011-09-05 |
| ROURKE, Francis | Director | 2018-06-20 | 2021-07-23 |
| SCHNURR, Otto, Dr | Director | 2007-02-28 | 2011-01-01 |
| TAN, Hiong Leong | Director | 2015-07-02 | 2018-06-20 |
| TANE, Christopher Edward, Mr. | Director | 2001-07-23 | 2020-01-01 |
| TANE, Christopher Edward | Director | 2000-12-06 | 2001-01-16 |
| TAYLORSON, Julie Dawn | Director | 2008-02-07 | 2022-01-04 |
| TRAYNOR, Anthony | Director | 2001-07-23 | 2007-02-28 |
| TUFT, Geir | Director | 2020-01-01 | 2021-03-01 |
| VERRIJCKT, Antoine | Director | 2002-12-18 | 2006-02-03 |
| WHITEWOOD, David | Director | 2003-12-31 | 2004-10-25 |
| MAWLAW CORPORATE SERVICES LIMITED | Corporate Director | 2000-09-11 | 2000-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Inovyn Newco 2 Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 293 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-07-22 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-04 | AA | accounts | Accounts with accounts type full | |
| 2026-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-11 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-11 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-11 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-22 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-07-22 | SH20 | capital | Legacy | |
| 2025-07-22 | CAP-SS | insolvency | Legacy | |
| 2025-07-22 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-11 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-15 | AA | accounts | Accounts with accounts type full | |
| 2025-03-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-24 | AA | accounts | Accounts with accounts type full | |
| 2024-06-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-04-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-29 | PSC05 | persons-with-significant-control | Change to a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 2
- Officers appointed
- 2
- Officers resigned
- 2
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.