Chemastery Group Ltd

Chemastery Group Ltd, based in Ilford, UK, is a small, active company founded five years ago. With seven employees and a virtual address shared by over 300 other businesses, it’s a compact operation managed by three directors and two owners. The company is irregular importer of machinery, boilers, and mechanical appliances; parts, with its last import activity recorded one month ago in November 2022.

Chemastery Group’s primary focus is developing and selling a robotic platform for chemistry automation. The company's website highlights its "CheMastery" platform, designed to handle chemistry tasks with precision, allowing chemists to focus on higher-value challenges. It emphasizes upskilling scientists, boosting productivity, ensuring consistent results, and preserving expertise—all aimed at maximizing efficiency and innovation within the chemical research and manufacturing sectors. The site features blog posts and insights discussing automation, chemical reproducibility, and the value proposition of technology in the industry.

Financially, Chemastery Group Ltd is showing some concerning trends. While cash bank on hand dropped significantly by 52% to £710,000, creditors have increased by a staggering 380% to £44,000. Debtors, however, have risen by 30% to £360,000, suggesting potential delays in customer payments. Equity has also declined sharply, falling 40% to £1.1 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity drop and increased creditors raise questions about its financial health. The company’s accounts are unaudited, likely due to its small size, and no auditor is mentioned. The company’s net assets have decreased by 40% to £1.1 million.

Registered in England/Wales under the registration number 12290130, with a registered address at IG1 1LR, United Kingdom, Ilford, Essex, Treviot House, 186-192 High Road.

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