Biachem Limited

Biachem Ltd, based in London, UK, is a large, active company established 39 years ago in 1985. Employing eleven people, it holds £15,772,531 in assets and generates £18,373,662 in yearly revenue. The company, with five directors and one owner, maintains a real address and boasts a perfect 5.0 Google rating based on two reviews. It’s a regular importer and exporter of inorganic chemicals, with 579 months of import activity and 13 months of export activity recorded.

The company’s website highlights its role as a wholesaler of chemicals, sourcing products through a global network of suppliers. It’s an exclusive distributor of Biasoft Salt and a leading seller of Caustic Soda Pearl in the UK. The website also mentions a focus on continuous business growth and product development, actively seeking new sales team members. A fraud alert on the site warns prospective suppliers to be vigilant against fraudulent communications.

Financially, Biachem Ltd presents a mixed picture. While cash bank holdings increased by 2.2% to £7,600,000, net assets grew by a substantial 48% to £14,000,000. However, administrative expenses rose by 17% to £1,500,000, and director remuneration increased by 9.5% to £760,000. Creditors decreased by 49% to £930,000, suggesting improved debt management, but the increase in administrative costs and director pay could indicate investment in growth or increased operational expenses. The company's large size (meeting two of three criteria for a large company) suggests it’s well-established, but the fluctuations in key financial metrics warrant further scrutiny. The accounts are audited by Kreston Reeves LLP, providing a degree of assurance.

Overall, Biachem Ltd appears to be a stable, well-regarded company in the chemical wholesale industry, although the increase in expenses should be monitored.

Registered in England/Wales under the registration number 01934652, with a registered address at EC4M 7DR, England, London, 30-32 Ludgate Hill.

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