Central Chemical Supplies Limited

Central Chemical Supplies Ltd from Craigavon UK is a medium-sized company, actively trading and celebrating 27 years in business. With 31 employees and £5,032,067 in assets, the company generated £16,889,931 in revenue last year. It operates from a real address and is overseen by four directors and one owner, boasting a stellar 5.0 Google rating based on a single review. The company regularly imports organic chemicals, with 32 months of import activity recorded.

The company’s website describes CCS Ltd as Ireland’s premier independent chemical trader, providing a wide range of services to various industries. They manufacture and distribute chemicals, catering to agriculture, automotive, building construction, cosmetics, detergents, dyestuffs, food & drink, metal surface treatment, paint & printing, pharmaceuticals, textile, and water treatment sectors. They even license manufacture Ad Blue and produce a range of cleaning chemicals.

Financially, Central Chemical Supplies Ltd shows some interesting trends. Accrued liabilities have remained consistent, while accumulated amortisation has also stayed the same. However, depreciation expense has increased significantly, by 46%, suggesting investment in new equipment. Cash and cash equivalents have seen a dramatic increase, by 240%, indicating improved liquidity. Bank borrowings have also remained steady. Despite a decrease in revenue, the company has managed to maintain a positive outlook. The company’s size—meeting two of three conditions for a medium-sized company—allows for agility, but the increase in depreciation and the slight decrease in revenue warrant closer attention. The company’s auditor, Henry Murray & Company Ltd, has issued an unqualified opinion, suggesting the financial statements give a true and fair view.

While the company’s website projects a strong presence and diverse offerings, the financial data suggests a company navigating a competitive market. The increase in cash reserves is a positive sign, but the company will need to continue monitoring its expenses and revenue streams to ensure long-term sustainability.

Registered in Northern Ireland under the registration number NI032489, with a registered address at BT66 7LJ, Craigavon, Co Armagh, 44 Hall Road, Donaghcloney.

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