Alchem Process Ltd

Alchem Process Ltd, based in Llanelli, UK, is a small, active company founded 16 years ago. Employing five people, it holds £470,199 in assets and operates from a real address. With two directors and one owner, the company is a regular importer and exporter of iron or steel products, having imported for 92 months and exported for 82 months.

The company's website details a business focused on providing hygienic engineering solutions to industries like pharmaceuticals, biotech, cosmetics, food, dairy, and beverage. It specializes in ASME BPE fittings, manways, filters, strainers, aseptic unions, and other components crucial for sanitary processes. Alchem Process Ltd offers a wide range of products, including custom fabrications, part marking, and even heat exchangers, catering to a diverse clientele. The website's comprehensive product listings and technical specifications indicate a focus on providing specialized equipment rather than general sales—suggesting a business-to-business model rather than direct-to-consumer ecommerce.

Financially, Alchem Process Ltd shows some concerning trends. Accumulated amortisation impairment for intangible assets has doubled to £27,000, while depreciation on property, plant, and equipment has increased by 12%. Bank borrowings have decreased significantly, falling by 41% to £42,000, and cash reserves have dropped by 37% to £92,000. Creditors have risen by 16%, and trade debtors have increased dramatically by 120%. While the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the increase in debt and decrease in cash raise questions about its financial health. The fact that the company's average number of employees has increased by 40% to seven could be a sign of growth, but also could indicate increased operational costs. No auditor is mentioned, which is common for small, exempt companies. The unaudited financial statements, therefore, rely on director-reported data.

Registered in England/Wales under the registration number 06833007, with a registered address at SA14 7NN, United Kingdom, Llanelli, Carmarthenshire, Unit 4 Church Road Ind Estate, Gorslas.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.