huntsman ifs polyurethanes limited
huntsman ifs polyurethanes limited Company Information
Company Number
02766797
Next Accounts
Sep 2025
Shareholders
huntsman (holdings) uk
Group Structure
View All
Industry
Manufacture of other chemical products n.e.c.
Registered Address
26 king st., king's lynn, PE30 1HJ
Website
http://ifs-group.comhuntsman ifs polyurethanes limited Estimated Valuation
Pomanda estimates the enterprise value of HUNTSMAN IFS POLYURETHANES LIMITED at £14m based on a Turnover of £20.6m and 0.68x industry multiple (adjusted for size and gross margin).
huntsman ifs polyurethanes limited Estimated Valuation
Pomanda estimates the enterprise value of HUNTSMAN IFS POLYURETHANES LIMITED at £7m based on an EBITDA of £1.6m and a 4.48x industry multiple (adjusted for size and gross margin).
huntsman ifs polyurethanes limited Estimated Valuation
Pomanda estimates the enterprise value of HUNTSMAN IFS POLYURETHANES LIMITED at £24.2m based on Net Assets of £12.6m and 1.93x industry multiple (adjusted for liquidity).
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Huntsman Ifs Polyurethanes Limited Overview
Huntsman Ifs Polyurethanes Limited is a live company located in king's lynn, PE30 1HJ with a Companies House number of 02766797. It operates in the manufacture of other chemical products n.e.c. sector, SIC Code 20590. Founded in November 1992, it's largest shareholder is huntsman (holdings) uk with a 100% stake. Huntsman Ifs Polyurethanes Limited is a mature, large sized company, Pomanda has estimated its turnover at £20.6m with high growth in recent years.
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Huntsman Ifs Polyurethanes Limited Health Check
Pomanda's financial health check has awarded Huntsman Ifs Polyurethanes Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
3 Weak
Size
annual sales of £20.6m, make it in line with the average company (£21m)
£20.6m - Huntsman Ifs Polyurethanes Limited
£21m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (8.1%)
19% - Huntsman Ifs Polyurethanes Limited
8.1% - Industry AVG
Production
with a gross margin of 19.5%, this company has a higher cost of product (29.5%)
19.5% - Huntsman Ifs Polyurethanes Limited
29.5% - Industry AVG
Profitability
an operating margin of 6.8% make it as profitable than the average company (5.9%)
6.8% - Huntsman Ifs Polyurethanes Limited
5.9% - Industry AVG
Employees
with 30 employees, this is below the industry average (55)
30 - Huntsman Ifs Polyurethanes Limited
55 - Industry AVG
Pay Structure
on an average salary of £46.6k, the company has an equivalent pay structure (£54.6k)
£46.6k - Huntsman Ifs Polyurethanes Limited
£54.6k - Industry AVG
Efficiency
resulting in sales per employee of £688.2k, this is more efficient (£358.8k)
£688.2k - Huntsman Ifs Polyurethanes Limited
£358.8k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (48 days)
46 days - Huntsman Ifs Polyurethanes Limited
48 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (37 days)
8 days - Huntsman Ifs Polyurethanes Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 58 days, this is in line with average (66 days)
58 days - Huntsman Ifs Polyurethanes Limited
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 133 weeks, this is more cash available to meet short term requirements (13 weeks)
133 weeks - Huntsman Ifs Polyurethanes Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.2%, this is a lower level of debt than the average (40%)
18.2% - Huntsman Ifs Polyurethanes Limited
40% - Industry AVG
HUNTSMAN IFS POLYURETHANES LIMITED financials
Huntsman Ifs Polyurethanes Limited's latest turnover from December 2023 is £20.6 million and the company has net assets of £12.6 million. According to their latest financial statements, Huntsman Ifs Polyurethanes Limited has 30 employees and maintains cash reserves of £6.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,645,184 | 25,953,775 | 27,208,081 | 12,289,060 | 13,743,093 | 14,252,638 | 17,020,237 | 11,219,836 | 11,949,743 | 11,628,063 | |||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 16,630,075 | 23,328,317 | 20,993,969 | 9,451,697 | 10,196,945 | 11,375,022 | 13,745,314 | 8,426,407 | 9,863,590 | 9,920,148 | |||||
| Gross Profit | 4,015,109 | 2,625,458 | 6,214,112 | 2,837,363 | 3,546,148 | 2,877,616 | 3,274,923 | 2,793,429 | 2,086,153 | 1,707,915 | |||||
| Admin Expenses | 2,608,185 | 3,844,932 | 2,890,447 | 1,731,692 | 1,794,309 | 1,079,938 | 1,386,812 | 981,671 | 954,681 | 987,818 | |||||
| Operating Profit | 1,406,924 | -1,219,474 | 3,323,665 | 1,105,671 | 1,751,839 | 1,797,678 | 1,888,111 | 1,811,758 | 1,131,472 | 720,097 | |||||
| Interest Payable | 1,030 | 3,014 | 9,348 | ||||||||||||
| Interest Receivable | 339,232 | 67,739 | 1,005 | 1,525 | 900 | 866 | 155 | ||||||||
| Pre-Tax Profit | 1,746,156 | -1,151,735 | 3,324,670 | 1,107,196 | 1,752,739 | 1,798,544 | 1,888,266 | 1,810,728 | 1,128,458 | 710,749 | |||||
| Tax | -32,330 | -13,670 | -28,700 | -13,300 | -8,500 | -11,474 | -385,085 | -338,818 | -215,835 | -126,445 | |||||
| Profit After Tax | 1,713,826 | -1,165,405 | 3,295,970 | 1,093,896 | 1,744,239 | 1,787,070 | 1,503,181 | 1,471,910 | 912,623 | 584,304 | |||||
| Dividends Paid | 1,000,000 | 600,000 | 173,550 | ||||||||||||
| Retained Profit | 1,713,826 | -1,165,405 | 3,295,970 | 1,093,896 | 1,744,239 | 1,787,070 | 1,503,181 | 471,910 | 312,623 | 410,754 | |||||
| Employee Costs | 1,398,647 | 1,355,277 | 1,856,788 | 1,244,248 | 1,102,822 | 866,745 | 1,268,463 | 1,160,373 | 1,075,608 | 1,067,769 | |||||
| Number Of Employees | 30 | 33 | 30 | 30 | 28 | 24 | 23 | 32 | 23 | 22 | |||||
| EBITDA* | 1,554,184 | -1,051,047 | 3,522,182 | 1,283,789 | 1,890,478 | 1,909,632 | 2,058,169 | 1,899,761 | 1,222,000 | 862,922 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,908,910 | 2,835,342 | 2,863,960 | 2,774,118 | 2,422,038 | 1,668,294 | 1,154,896 | 193,028 | 208,780 | 210,657 | 178,122 | 192,579 | 204,104 | 230,959 | 275,141 |
| Intangible Assets | 11,174 | 21,434 | 51,723 | 122,473 | 245,377 | 258,145 | 323,717 | 100,696 | 71,861 | 107,325 | 26,668 | 30,173 | 53,713 | 67,526 | 55,315 |
| Investments & Other | 1 | 35,809 | 39,819 | 39,819 | 39,819 | ||||||||||
| Debtors (Due After 1 year) | 78,617 | 78,617 | 78,617 | 76,847 | 57,743 | ||||||||||
| Total Fixed Assets | 2,920,084 | 2,856,776 | 2,915,683 | 2,896,591 | 2,667,415 | 1,926,439 | 1,478,613 | 293,724 | 280,641 | 317,982 | 283,408 | 337,178 | 376,253 | 415,151 | 428,018 |
| Stock & work in progress | 2,651,264 | 2,482,004 | 2,932,073 | 1,935,205 | 1,065,103 | 1,067,325 | 1,068,423 | 881,115 | 1,010,023 | 767,363 | 664,697 | 797,970 | 914,620 | 633,040 | 654,998 |
| Trade Debtors | 2,648,485 | 3,542,823 | 3,939,748 | 2,402,947 | 1,611,126 | 2,234,470 | 1,765,627 | 1,705,895 | 1,773,858 | 1,782,814 | 2,276,285 | 1,660,880 | 2,117,595 | 1,528,362 | 1,696,316 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 292,097 | 237,331 | 323,329 | 245,948 | 506,225 | 430,905 | 102,874 | 154,560 | 157,135 | 348,481 | |||||
| Cash | 6,865,400 | 7,628,909 | 6,057,546 | 5,166,004 | 3,308,088 | 2,711,726 | 1,590,628 | 1,752,206 | 1,152,129 | 819,734 | 29,820 | 68,598 | 151,804 | 36,563 | 41,469 |
| misc current assets | |||||||||||||||
| total current assets | 12,457,246 | 13,891,067 | 13,252,696 | 9,750,104 | 6,490,542 | 6,444,426 | 4,527,552 | 4,493,776 | 4,093,145 | 3,718,392 | 2,970,802 | 2,527,448 | 3,184,019 | 2,197,965 | 2,392,783 |
| total assets | 15,377,330 | 16,747,843 | 16,168,379 | 12,646,695 | 9,157,957 | 8,370,865 | 6,006,165 | 4,787,500 | 4,373,786 | 4,036,374 | 3,254,210 | 2,864,626 | 3,560,272 | 2,613,116 | 2,820,801 |
| Bank overdraft | 151,935 | 169,496 | 374,366 | 552,677 | 628,583 | 513,207 | |||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 378,352 | 608,702 | 1,173,175 | 594,237 | 506,701 | 778,810 | 1,099,862 | 1,187,035 | 1,442,817 | 1,620,144 | 1,630,948 | 1,422,338 | 1,815,719 | 888,298 | 1,226,590 |
| Group/Directors Accounts | 1,804,916 | 4,027,546 | 1,793,031 | 1,785,039 | 607,857 | 1,278,141 | 584,945 | 512,851 | 184,569 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 9,615 | 17,826 | 32,599 | 21,825 | 12,043 | 11,885 | 20,999 | ||||||||
| other current liabilities | 498,816 | 1,162,505 | 1,101,348 | 1,491,264 | 374,440 | 397,694 | 390,784 | 636,319 | 755,732 | 573,002 | 27,000 | 36,000 | 46,000 | 46,000 | 66,000 |
| total current liabilities | 2,682,084 | 5,798,753 | 4,067,554 | 3,870,540 | 1,488,998 | 2,454,645 | 2,075,591 | 2,336,205 | 2,392,733 | 2,362,907 | 1,860,043 | 1,854,529 | 2,426,439 | 1,574,766 | 1,826,796 |
| loans | |||||||||||||||
| hp & lease commitments | 9,975 | 27,760 | 17,679 | 14,957 | 9,345 | 7,339 | |||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 27,000 | 63,000 | 109,000 | 150,000 | |||||||||||
| provisions | 109,500 | 77,170 | 63,500 | 34,800 | 21,500 | 13,000 | 21,180 | 22,848 | 17,910 | 11,300 | 17,080 | 28,690 | 38,200 | 40,250 | |
| total long term liabilities | 109,500 | 77,170 | 63,500 | 34,800 | 21,500 | 13,000 | 21,180 | 22,848 | 27,885 | 39,060 | 61,759 | 106,647 | 156,545 | 197,589 | |
| total liabilities | 2,791,584 | 5,875,923 | 4,131,054 | 3,905,340 | 1,510,498 | 2,467,645 | 2,075,591 | 2,357,385 | 2,415,581 | 2,390,792 | 1,899,103 | 1,916,288 | 2,533,086 | 1,731,311 | 2,024,385 |
| net assets | 12,585,746 | 10,871,920 | 12,037,325 | 8,741,355 | 7,647,459 | 5,903,220 | 3,930,574 | 2,430,115 | 1,958,205 | 1,645,582 | 1,355,107 | 948,338 | 1,027,186 | 881,805 | 796,416 |
| total shareholders funds | 12,585,746 | 10,871,920 | 12,037,325 | 8,741,355 | 7,647,459 | 5,903,220 | 3,930,574 | 2,430,115 | 1,958,205 | 1,645,582 | 1,355,107 | 948,338 | 1,027,186 | 881,805 | 796,416 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,406,924 | -1,219,474 | 3,323,665 | 1,105,671 | 1,751,839 | 1,797,678 | 1,888,111 | 1,811,758 | 1,131,472 | 720,097 | |||||
| Depreciation | 137,000 | 138,138 | 127,767 | 106,868 | 75,771 | 46,382 | 90,109 | 50,778 | 55,064 | 132,743 | 61,475 | 48,253 | 49,020 | 51,586 | 64,586 |
| Amortisation | 10,260 | 30,289 | 70,750 | 71,250 | 62,868 | 65,572 | 79,949 | 37,225 | 35,464 | 10,082 | 3,505 | 23,540 | 13,813 | 18,672 | 48,980 |
| Tax | -32,330 | -13,670 | -28,700 | -13,300 | -8,500 | -11,474 | -385,085 | -338,818 | -215,835 | -126,445 | |||||
| Stock | 169,260 | -450,069 | 996,868 | 870,102 | -2,222 | -1,098 | 187,308 | -128,908 | 242,660 | 102,666 | -133,273 | -116,650 | 281,580 | -21,958 | 654,998 |
| Debtors | -839,572 | -482,923 | 1,614,182 | 531,544 | -548,024 | 796,874 | 8,046 | -70,538 | -200,302 | -223,607 | 615,405 | -456,715 | 591,003 | -148,850 | 1,754,059 |
| Creditors | -230,350 | -564,473 | 578,938 | 87,536 | -272,109 | -321,052 | -87,173 | -255,782 | -177,327 | -10,804 | 208,610 | -393,381 | 927,421 | -338,292 | 1,226,590 |
| Accruals and Deferred Income | -663,689 | 61,157 | -389,916 | 1,116,824 | -23,254 | 6,910 | -245,535 | -119,413 | 182,730 | 546,002 | -9,000 | -10,000 | -20,000 | 66,000 | |
| Deferred Taxes & Provisions | 32,330 | 13,670 | 28,700 | 13,300 | 8,500 | 13,000 | -21,180 | -1,668 | 4,938 | 6,610 | -5,780 | -11,610 | -9,510 | -2,050 | 40,250 |
| Cash flow from operations | 1,330,457 | -621,371 | 1,100,154 | 1,086,503 | 2,145,361 | 801,240 | 1,123,842 | 1,383,526 | 974,148 | 1,399,226 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | -544,852 | -1,452,858 | -138,331 | -60,604 | -123,587 | ||||||||||
| Change in Investments | -1 | -35,808 | -4,010 | 39,819 | |||||||||||
| cash flow from investments | -544,852 | -1,452,858 | -138,331 | -60,604 | -123,586 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -2,222,630 | 2,234,515 | 7,992 | 1,177,182 | -670,284 | 693,196 | 72,094 | 328,282 | 184,569 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -9,615 | -18,186 | -32,558 | 20,855 | 12,504 | 5,770 | -7,108 | 28,338 | |||||||
| other long term liabilities | -27,000 | -36,000 | -46,000 | -41,000 | 150,000 | ||||||||||
| share issue | |||||||||||||||
| interest | 339,232 | 67,739 | 1,005 | 1,525 | 900 | 866 | 155 | -1,030 | -3,014 | -9,348 | |||||
| cash flow from financing | -1,883,398 | 2,302,254 | 8,997 | 1,178,707 | -669,384 | 879,638 | 69,527 | 317,637 | 163,369 | -162,185 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | -763,509 | 1,571,363 | 891,542 | 1,857,916 | 596,362 | 1,121,098 | -161,578 | 600,077 | 332,395 | 789,914 | -38,778 | -83,206 | 115,241 | -4,906 | 41,469 |
| overdraft | -151,935 | -17,561 | -204,870 | -178,311 | -75,906 | 115,376 | 513,207 | ||||||||
| change in cash | -763,509 | 1,571,363 | 891,542 | 1,857,916 | 596,362 | 1,121,098 | -161,578 | 600,077 | 484,330 | 807,475 | 166,092 | 95,105 | 191,147 | -120,282 | -471,738 |
huntsman ifs polyurethanes limited Credit Report and Business Information
Huntsman Ifs Polyurethanes Limited Competitor Analysis
Perform a competitor analysis for huntsman ifs polyurethanes limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in PE30 area or any other competitors across 12 key performance metrics.
huntsman ifs polyurethanes limited Ownership
HUNTSMAN IFS POLYURETHANES LIMITED group structure
Huntsman Ifs Polyurethanes Limited has 1 subsidiary company.
Ultimate parent company
HUNTSMAN CORP
#0040626
2 parents
HUNTSMAN IFS POLYURETHANES LIMITED
02766797
1 subsidiary
huntsman ifs polyurethanes limited directors
Huntsman Ifs Polyurethanes Limited currently has 2 directors. The longest serving directors include Ms Anna Polastri (Mar 2022) and Mr Neil Coward (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Anna Polastri | Belgium | 38 years | Mar 2022 | - | Director |
| Mr Neil Coward | 59 years | Jul 2023 | - | Director |
P&L
December 2023turnover
20.6m
-20%
operating profit
1.4m
-215%
gross margin
19.5%
+92.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.6m
+0.16%
total assets
15.4m
-0.08%
cash
6.9m
-0.1%
net assets
Total assets minus all liabilities
huntsman ifs polyurethanes limited company details
company number
02766797
Type
Private limited with Share Capital
industry
20590 - Manufacture of other chemical products n.e.c.
incorporation date
November 1992
age
33
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
i.f.s. chemicals limited (May 2017)
remotegrid company limited (January 1993)
accountant
-
auditor
STEPHENSON SMART (EAST ANGLIA) LIMITED
address
26 king st., king's lynn, PE30 1HJ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
huntsman ifs polyurethanes limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to huntsman ifs polyurethanes limited.
huntsman ifs polyurethanes limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for HUNTSMAN IFS POLYURETHANES LIMITED. This can take several minutes, an email will notify you when this has completed.
huntsman ifs polyurethanes limited Companies House Filings - See Documents
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