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Can I have some financial information about the company?
Degussa Seal Sands, as mentioned earlier, is a cost centre but is expected to operate under normal business rules and to be profitable. Degussa Seal Sands is a legal entity in its own right - meaning it can sue and be sued. It also means that it is recognised by bodies such as Her Majesty's Revenue and Customs for tax purposes.
The structure of the business means that at the moment, Degussa Seal Sands is part of the overall finance structure of Laporte Industries Limited. However as part of the overall organisation, and as Laporte is a private limited company, it does not make its finances publicly available.
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