ICONICHEM WIDNES LIMITED
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Cash
£2.9m
+221.4% highest in 3 filed years
Net assets
£7.5m
+49% vs 2024
Employees
64
+4.9% vs 2024
Profit before tax
£1.7m
+154.7% highest in 3 filed years
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 | £43,187,234 | £39,615,095 | £50,384,335 | +27.2% | |
| Operating profit | -£6,442,983 | -£3,196,598 | £1,747,093 | +154.7% | |
| Profit before tax | -£6,444,113 | -£3,196,623 | £1,747,094 | +154.7% | |
| Net profit | -£5,349,565 | -£2,680,468 | £2,454,935 | +191.6% | |
| Cash | £2,563,587 | £914,661 | £2,939,702 | +221.4% | |
| Total assets less current liabilities | £7,694,631 | £5,014,163 | £7,469,098 | +49% | |
| Net assets | £7,694,631 | £5,014,163 | £7,469,098 | +49% | |
| Equity | £7,694,631 | £5,014,163 | £7,469,098 | +49% | |
| Average employees | 64 | 61 | 64 | +4.9% | |
| Wages | £2,760,034 | £2,740,960 | £2,908,282 | +6.1% | |
| Directors' remuneration | £133,518 | £172,267 | £105,471 | -38.8% |
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 | -14.9% | -8.1% | 3.5% | |
| Net margin | -12.4% | -6.8% | 4.9% | |
| Return on capital employed | -83.7% | -63.8% | 23.4% | |
| Current ratio | 1.35x | 1.11x | 1.34x |
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
- ICONICHEM WIDNES LIMITED 2016-10-17 → present
- BLUE 12345 LIMITED 2015-10-23 → 2016-10-17
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After reviewing the Company's financial position, the Directors have a reasonable expectation that the Company, with the continued support of its parent undertaking, ICoNiChem Group Limited, has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing the financial statements.”
Significant events
- “Market conditions strengthened during the year, particularly in the final quarter of 2025, as higher cobalt prices and improved market payables were supported by tighter global supply of cobalt intermediates following export restrictions and quota measures introduced by the Democratic Republic of Congo.”
- “During the year, significant inflationary cost pressures in the UK and ongoing uncertainty in the financial markets created a challenging economic environment.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AKBAS, Asim | Director | 2024-02-06 | Nov 1978 | Turkish |
| CENGIZ, Orhan | Director | 2020-12-09 | Jun 1989 | Turkish |
| SENGUL, Berk | Director | 2024-02-06 | Oct 1989 | Turkish |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JONES, Francis Gary | Secretary | 2016-07-13 | 2024-09-30 |
| GARNER, Andrew William | Director | 2017-06-26 | 2020-12-09 |
| JONES, Francis Gary | Director | 2017-09-01 | 2024-09-30 |
| KAYISOGLU, Ahmet Emre | Director | 2020-12-09 | 2024-02-29 |
| MIDDLETON, Trevor | Director | 2016-08-31 | 2020-12-09 |
| SHEPHERD, Thomas Lee | Director | 2015-10-23 | 2016-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Iconichem Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-08-31 | Active |
Filing timeline
Last 20 of 46 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-14 | AA | accounts | Accounts with accounts type full | |
| 2025-11-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-12 | AA | accounts | Accounts with accounts type full | |
| 2024-12-19 | AA | accounts | Accounts with accounts type full | |
| 2024-10-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-02-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-21 | AP01 | officers | Appoint person director company with name date | |
| 2024-02-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-07 | AA | accounts | Accounts with accounts type full | |
| 2023-10-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-06 | AA | accounts | Accounts with accounts type full | |
| 2021-10-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-26 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2021-10-05 | AA | accounts | Accounts with accounts type full | |
| 2021-03-31 | AA | accounts | Accounts with accounts type full | |
| 2021-01-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-01-15 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- 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.