BUSE GASES LIMITED
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Cash
£829K
-91.3% vs 2024
Net assets
£367K
-95.1% lowest in 5 filed years
Employees
75
+2.7% highest in 5 filed years
Profit before tax
-£5.5M
-425.4% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £11,658,936 | £11,991,812 | £13,478,000 | +12.4% | |
| Operating profit | — | — | £1,139,996 | £3,460,767 | -£3,492,333 | -200.9% | |
| Profit before tax | — | — | £49,138 | £1,681,086 | -£5,469,530 | -425.4% | |
| Net profit | — | — | £2,609,324 | £1,155,951 | -£7,095,979 | -713.9% | |
| Cash | £439,682 | £999,775 | £672,578 | £9,552,312 | £829,158 | -91.3% | |
| Total assets less current liabilities | £6,465,811 | £6,428,115 | £6,543,530 | £15,521,375 | £9,316,778 | -40% | |
| Net assets | £4,696,878 | £3,697,831 | £6,307,155 | £7,463,106 | £367,127 | -95.1% | |
| Equity | £4,696,878 | £3,697,831 | £6,307,155 | £7,463,106 | £367,127 | -95.1% | |
| Average employees | 46 | 50 | 62 | 73 | 75 | +2.7% | |
| Wages | — | — | £2,083,766 | £2,156,447 | £2,559,957 | +18.7% | |
| Directors' remuneration | — | — | £112,000 | £96,000 | £102,000 | +6.3% |
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 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | 9.8% | 28.9% | -25.9% | |
| Net margin | — | — | 22.4% | 9.6% | -52.6% | |
| Return on capital employed | — | — | 17.4% | 22.3% | -37.5% | |
| Current ratio | — | — | 0.24x | 0.42x | 0.24x | |
| Interest cover | — | — | 1.04x | 1.94x | -1.77x |
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
- BUSE GASES LIMITED 2015-10-29 → present
- BUSE (UK) LIMITED 2011-07-13 → 2015-10-29
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Kendall Wadley LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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
- BUSE GASES LIMITED · parent
- Buse Scientific Ltd 100%
- S.I.P. Analytical Limited 100%
- Speciality Gases Limited 100%
- Instec Solutions Limited 100%
- Goss Scientific Limited 100%
- Buse Hydrogen Technologies 100%
Significant events
- “Buse Gases Limited has undergone another year of significant strategic development in 2025, marked by the commissioning of key projects, continued growth in core markets, and substantial capital irvestment.”
- “In 2025, Buse Gases Limited completed a major strategic investment in a state-of-the-art liquid helium bulk break and cylinder filling facility.”
- “After delays, the CO project commenced operations in 2025, capturing, cleaning, and liquefying CO from power generation to produce food and beverage grade CO.”
- “Work continued on the ASU (Air Separation Unit) project, which remains on schedule for completion end of 2027.”
- “The employee retention programme launched in 2024 continued to deliver positive results, sustaining improved retention levels.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SFIKAS, Dimitrios | Director | 2022-07-01 | Nov 1979 | Greek |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BRAEKLING, Roland Franz | Director | 2011-07-13 | 2011-07-13 |
| BRAKLING, Roland Franz | Director | 2011-07-13 | 2017-12-18 |
| HENDRIKS, Mr Ronald | Director | 2019-02-01 | 2022-07-01 |
| STODDART, Keith Charles | Director | 2015-01-01 | 2019-02-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Horst Buse | Individual | Voting 25–50% | 2025-01-01 | Active |
| Mr Horst Buse | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2025-01-01 |
| Mrs Patricia Buse-Ruppert | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2019-01-01 |
Filing timeline
Last 20 of 56 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-06-24 | AA | accounts | Accounts with accounts type full | |
| 2025-11-19 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-19 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-09-16 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-09-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-06-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-16 | AA | accounts | Accounts with accounts type full | |
| 2024-07-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-03-26 | AA | accounts | Accounts with accounts type small | |
| 2023-06-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-11 | AA | accounts | Accounts with accounts type small | |
| 2022-08-04 | CH01 | officers | Change person director company with change date | |
| 2022-08-02 | AA | accounts | Accounts with accounts type small | |
| 2022-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-01 | CH01 | officers | Change person director company with change date | |
| 2022-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2022-06-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-06-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-06-07 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.