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Huntsman Ifs Polyurethanes Limited

02766797

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

HUNTSMAN POLYURETHANES (UK) LTD, REDCAR, TS10 4RG
Incorporated 23/11/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20590
Manufacture of other chemical products

Officers

Anna Laura Polastri

director · Since 28/03/2022

EMPLOYEE OF HUNTSMAN EUROPE BV

ITALIAN · BELGIUM · Age 39

Sarah Louise Todd

director · Since 31/12/2025

BRITISH · UNITED KINGDOM · Age 60

Also on 14 other boards

Persons with Significant Control

Huntsman (Holdings) Uk

75–100% shares
75–100% votes
Appoint directors

Ickleton Road, Duxford, CB22 4XQ

Reg: 03768308 · Companies House · Unlimited With Shares

Notified 28/04/2017

Former PSCs

Dr Barrie George Colvin

Ceased 28/04/2017

Charges0 outstanding

charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 28/08/2008Registered 30/08/2008Satisfied 25/04/2017
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 18/02/2002Registered 19/02/2002Satisfied 25/04/2017
charge
satisfied

LLOYDS BANK PLC

Created 21/01/1997Registered 22/01/1997Satisfied 25/04/2017
charge
satisfied

LLOYDS BANK PLC

Created 08/03/1993Registered 12/03/1993Satisfied 17/05/2017

CompanyRankvs 16+ SIC 20590 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 8.74× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

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. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£17.8M

Annual revenue

Net Worth

£11.4M

Balance sheet strength

Cash

£7.3M

Cash in the bank

Profit Before Tax

-£1.2M

Bottom line earnings

Net Current Assets

£10.0M

Working capital

Current Assets

£11.3M

Current Liabilities

£1.3M

Fixed Assets

£1.5M

Debtors

£2.2M

Cost of Sales

£15.3M

Gross Profit

£2.5M

Admin Expenses

£4.1M

Operating Profit

-£1.6M

Profit After Tax

-£1.1M

29avg. employees-1

People Costs

Wages & salaries£1.3M
NI contributions£148k

Balance Sheet

Intangible assets£924
Assets less current liabilities£11.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.74-£1.1M
20234.64+£1.7M
20222.40

Derived from filed accounts. Not audited figures.