Celtic Chemicals Limited

Celtic Chemicals Ltd, based in Port Talbot, UK, is a well-established manufacturer of industrial chemicals, operating for 45 years. A large company with an active status, it employs 32 people and holds assets worth £7,673,567, generating a yearly revenue of £12,312,045. Eight directors oversee the company, which is owned by three individuals. It boasts a perfect 5.0 Google rating based on a single review. The company regularly imports and exports inorganic chemicals, with a long history of 629 months of import activity and 814 months of export activity.

Celtic Chemicals’ website highlights its role as a supplier of trace element solutions and a manufacturer of micro elements for various applications, including anaerobic digestion, human and animal nutrition, pharmaceutical, and metal finishing. They also provide raw materials for tantalum capacitor production, inks, and ballistic modifiers. The company partners with Jost Chemical and Algry Quimica, and recently celebrated its 40th anniversary.

Financially, Celtic Chemicals presents a mixed picture. While cash bank on hand increased significantly by 33% to £3,800,000, current assets decreased slightly by 4.1% to £7,700,000. A concerning trend is the 20% drop in trade debtors, falling to £1,900,000, which could indicate difficulties in collecting payments. Conversely, creditors decreased by 22% to £2,500,000, suggesting improved debt management. The company's net assets increased by 9.3% to £5,900,000. A notable decrease is the 38% reduction in director remuneration, dropping to £270,000. The company’s large size, meeting two of three criteria for being a large company, is supported by its turnover of £12,312,045 and assets of £7,673,567. The company’s accounts are audited by Bevan Buckland LLP.

The company’s financial performance suggests it is navigating a period of change, with some areas showing improvement while others require attention. The decrease in trade debtors, however, warrants further investigation to ensure it doesn't impact future cash flow.

Registered in England/Wales under the registration number 01438896, with a registered address at SA13 2PE, Port Talbot, Unit 25 Kenfig Industrial Estate, Margam.

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