Bip (Oldbury) Limited
Manufacture of other organic basic chemicals · Oldbury
ActiveUnited KingdomIncorporated 2004Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£10,051,159
Cash
£5,306,926
Turnover
£18,362,605
Profit / loss
£769,224
Current assets
£9,953,879
Creditors < 1 year
£1,495,301
Equity
£10,051,159
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £10,051,159 | £9,593,841 |
| Equity | £10,051,159 | £9,593,841 |
| Share capital | £900,001 | £900,001 |
| Retained earnings | £9,151,158 | £8,693,840 |
| Assets | ||
| Fixed assets | £1,797,667 | £1,947,816 |
| Property, plant & equipment | £1,797,667 | £1,947,816 |
| Current assets | £9,953,879 | £9,601,003 |
| Cash at bank | £5,306,926 | £4,057,488 |
| Debtors | £3,012,133 | £3,405,391 |
| Stock | £1,634,820 | £2,138,124 |
| Liabilities | ||
| Creditors within one year | £1,495,301 | £1,735,733 |
| Provisions | £205,086 | £219,245 |
| Capital commitments | £119,227 | £308,047 |
| Net current assets | £8,458,578 | £7,865,270 |
| Assets less current liabilities | £10,256,245 | £9,813,086 |
| Profit & loss | ||
| Turnover | £18,362,605 | £19,401,940 |
| Cost of sales | £15,820,955 | £16,834,429 |
| Gross profit | £2,541,650 | £2,567,511 |
| Administrative expenses | £1,911,058 | £1,958,343 |
| Other operating income | £240,099 | £232,357 |
| Operating profit | £870,691 | £841,525 |
| Interest receivable | £168,494 | £156,901 |
| Profit before tax | £1,039,185 | £998,426 |
| Tax | £269,961 | £218,662 |
| Profit / loss | £769,224 | £779,764 |
| People & pay | ||
| Pension costs | £128,360 | £120,227 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Synthite Limited
- Ultimate parent
- Tennants Consolidated Limited
- Ultimate controlling party
- Tennants Consolidated Limited
- Accounts
- Medium-sized company · FRS 102
- Approved
- 2026-04-01, signed by Mr J N Perrie
Turnover by segment (4)
- Home: 2,856,880 (2025-12-31)
- Export: 15,505,725 (2025-12-31)
- Home: 3,070,712 (2024-12-31)
- Export: 16,331,228 (2024-12-31)
Borrowings (2)
- New loan from the ultimate parent company, Tennants Consolidated Limited · £1,000,000 · market rate, paid quarterly · repayable on demand
- £150m revolving credit facility; debenture entered into in connection with facility by ultimate parent undertaking · £150m · secured on fixed and floating charges over its assets; guarantee in respect of amounts drawn under the facility
Share classes (1)
- 900,001 Ordinary shares of £1 each of £1
Events after the year end (3)
- On 11 February 2026, the directors approved a cash dividend of £3,567,000 payable to the company’s shareholders.
- On 11 February 2026, the company entered into a new loan from its ultimate parent company, Tennants Consolidated Limited, for a total amount of £1,000,000; the loan is repayable on demand with interest paid quarterly at the market rate.
- Subsequent to the reporting date, the company entered into a debenture in connection with a £150m revolving credit facility entered into by its ultimate parent undertaking; the Company has granted fixed and floating charges over its assets and has provided a guarantee in respect of amounts drawn under the facility.
Contingent liabilities (1)
- The company is party to a cross-guarantee, securing overdraft facilities for certain members of the Synthite Limited group, of which £Nil was utilised at 31 December 2025 (2024: £Nil).
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFloating · created 2026-02-25
—
Outstanding