Chemcolloids Limited

Chemcolloids Ltd, based in Congleton, UK, is a small, active company established 34 years ago. With five employees and £1,628,793 in assets, it’s a well-established player in its sector. The company, which has three directors and two owners, operates from a real address and boasts a history of importing plastics and plastic products (105 months) and exporting natural gums, resins, and plant extracts (28 months).

The company’s website is not available, so it’s difficult to know exactly what they do. However, the company operates in the manufacture of other food products n.e.c. industries. This suggests a business focused on processing or blending ingredients for the food industry, rather than direct consumer sales.

Financially, Chemcolloids Ltd shows a mixed picture. While cash reserves increased by a healthy 8.7% to £570,000, current assets remained steady at £1,600,000. Trade debtors decreased by 6.1% to £520,000, which is a good sign, but creditors increased by 29% to £310,000. Bank borrowings have been eliminated, which is a positive development. The company’s net assets remained stable at £1,300,000. 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 agility, but the increase in creditors suggests they may be relying on short-term financing. There’s no auditor mentioned, which is typical for a small, exempt company.

The company's fixed assets have seen a significant increase, jumping 800% to £24,000, which could indicate investments in equipment or property. It’s likely they’re trying to improve efficiency and capacity. The increase in provisions for liabilities by 2800% to £6,000 is a little concerning, but without more information, it’s difficult to say what’s behind it. Overall, Chemcolloids Ltd appears to be a stable, if not rapidly growing, business, navigating the challenges of a competitive market.

Registered in England/Wales under the registration number 02512530, with a registered address at CW12 2PN, Congleton, Cheshire, Unit 1 Crossley Stud Farm, Buxton Road.

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