Carey Scientific Limited

Carey Scientific Limited, based in Warrington, UK, is a small, active company established 26 years ago. With two employees and £122,409 in assets, it operates from a real address and is overseen by three directors and two owners. It has a stellar 5.0 Google rating based on a single review. The company is an irregular importer, primarily dealing in soaps, cleaning products, and waxes, with recent import activity recorded just one month ago. It operates within the “other professional, scientific and technical activities n.e.c.” industries.

The company’s website is minimal, suggesting a business-to-business focus rather than direct consumer sales. There's no obvious e-commerce presence, indicating that Carey Scientific likely supplies other businesses rather than selling directly to the public. It appears to be a specialized supplier, rather than a large-scale retailer.

Financially, Carey Scientific Limited’s recent reports paint a mixed picture. Cash reserves have fallen dramatically, dropping 68% to just £23,000. Creditors have also decreased, with both non-financial instruments and total creditors down by 17% and 11% respectively. However, equity has taken a significant hit, with retained earnings and accumulated losses increasing by 370%, resulting in a net asset liability of -£45,000. Trade debtors have also decreased, suggesting improved collection of payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from a formal audit, and the figures are unaudited. The number of employees increased by 50%, but it’s unclear if this is a temporary fluctuation or a sign of growth.

The substantial decline in equity is concerning, suggesting the company may be burning through cash reserves to cover operational costs. While a decrease in creditors is a positive sign, the overall financial trends indicate a need for careful management. The company’s irregular import activity suggests a reliance on specific supply chains, which could be vulnerable to disruption.

Registered in England/Wales under the registration number 03656791, with a registered address at WA2 8UF, England, Warrington, Cheshire, Unit 23 Willow Court West Quay Road, Winwick.

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