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Companies/00036374

Borax Europe Limited

Agents specialized in the sale of other particular products · London

ActiveUnited KingdomIncorporated 1892Private Limited Company
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Financial position

Accounts to 2025-12-31 · USD · Company accounts

Net assets
USD 24,239,000
Cash
USD 712,000
Turnover
USD 145,552,000
Profit / loss
USD 3,726,000
Current assets
USD 50,074,000
Creditors < 1 year
USD 27,620,000
Equity
USD 24,239,000
Average employees
Not available

Balance-sheet trend

USD · company

Financial statements

Selected figures from the best-ranked available filing for each period. Missing values remain unknown.

2 periods

Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts

Reported figures2025-12-3112 months · Company · AI-read2024-12-31Company · AI-read
Balance sheet
Net assetsUSD 24,239,000USD 25,852,000
EquityUSD 24,239,000USD 25,852,000
Share capitalUSD 9,542,000USD 9,542,000
Retained earningsUSD 9,195,000USD 10,808,000
Assets
Fixed assetsUSD 2,915,000USD 2,832,000
InvestmentsUSD 2,626,000USD 2,626,000
Current assetsUSD 50,074,000USD 58,262,000
Cash at bankUSD 712,000USD 825,000
DebtorsUSD 36,540,000USD 39,332,000
StockUSD 12,822,000USD 18,104,000
Liabilities
CreditorsUSD 28,750,000USD 35,242,000
Creditors within one yearUSD 27,620,000USD 34,466,000
Creditors after one yearUSD 1,130,000USD 776,000
Pension scheme surplus / deficit−USD 1,130,000−USD 776,000
Profit & loss
TurnoverUSD 145,552,000USD 125,202,000
Other operating incomeUSD 679,000—
Interest receivableUSD 1,007,000USD 217,000
Interest payableUSD 298,000USD 139,000
Profit before taxUSD 4,752,000USD 2,886,000
TaxUSD 1,026,000USD 229,000
Profit / lossUSD 3,726,000USD 2,657,000
DividendsUSD 5,000,000—
Source evidenceView filing View filing

From the accounts

What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.

Principal activity
The principal activity of the Company is the sale of borates
What it does
sale of borates · marketing and distribution of borates · Europe (AI keywords)
The year
During the year, the Company continued its activities of selling borates. The results of the Company for the financial year ended 31 December 2025 show a profit after tax of $3.73 million (2024 $2.66 million)
Audit
Subsidiary audit exemption, parent guarantee (s479A)
Immediate parent
Rio Tinto International Holdings Limited
Ultimate parent
Rio Tinto plc
Ultimate controlling party
Rio Tinto plc
Accounts
Full accounts · FRS 101
Approved
2026-08-19, signed by M J Cox
Subsidiaries (2)
  • Borax Malaysia Sdn Bhd · 100% · Malaysia; Suite 13 03, 13th Floor, Menara Tan & Tan, 207 Jalan Tun Razak, 50400 Kuala Lumpur, Malaysia
  • Borax Rotterdam N V · 100% · Netherlands; Welplaatweg 104, 3197 KS, Harbour 4130, Botlek Rotterdam, Netherlands
Turnover by segment (12)
  • Africa: 7,841 (000s) (2025-12-31)
  • America: 3,398 (000s) (2025-12-31)
  • Asia: 52,729 (000s) (2025-12-31)
  • Middle East: 4,127 (000s) (2025-12-31)
  • Europe: 72,654 (000s) (2025-12-31)
  • United Kingdom: 4,803 (000s) (2025-12-31)
  • Africa: 8,448 (000s) (2024-12-31)
  • America: 3,042 (000s) (2024-12-31)
  • Asia: 37,830 (000s) (2024-12-31)
  • Middle East: 2,749 (000s) (2024-12-31)
  • Europe: 68,888 (000s) (2024-12-31)
  • United Kingdom: 4,245 (000s) (2024-12-31)
Directors' report (5)
  • R B P Azevedo
  • M J Cox
  • J P Kiddle
  • J J Olives
  • K Slutsky
Share classes (1)
  • 23,707,000 Ordinary shares of £0.25 each
Principal risks (3)
  • financial risks
  • operational risks
  • compliance risks
Events after the year end (1)
  • No matter or circumstance has arisen since 31 December 2025 that has significantly affected the Company's operations, results or state of affairs.

Secured borrowing

Registered charges, lenders and security interests.

Charges and related records

0 outstanding charges

No charges available in our records.