Chemence Limited

Chemence Ltd from London UK: holding company, active status, founded 41 years ago, 51 employees, £10,704,734 assets, virtual address, 3 directors, no owners, google rating 3.0 based on 5 reviews. Regular importer of plastics and plastic products (282 months imported). Regular exporter of natural and modified starches, glues, and enzymes (160 months exported). Chemence Ltd is a holding company based in London, UK, with a long history spanning 41 years. Currently active, the company employs 51 people and holds assets valued at £10,704,734. It’s worth noting the registered address is a virtual one, with 158 companies registered at the same location, which is a bit unusual. The company is led by three directors, but there are no listed owners—likely one of the directors holds the shares. Its Google rating is a modest 3.0 based on just five reviews. Chemence regularly imports plastics and plastic products, with 282 months of import activity recorded, and exports natural and modified starches, glues, and enzymes, with 160 months of export activity.

Chemence’s website highlights its focus on specialty chemicals, creating solutions for customers across diverse industries. The company operates globally, with corporate offices near Atlanta, Georgia, and London, England, alongside sales offices and manufacturing locations. They cater to medical, consumer, industrial, graphics, and cosmetic markets, offering products ranging from topical skin adhesives to structural adhesives and even super glue for home use. The site emphasizes innovation and brand promise fulfillment, positioning Chemence as a thought leader in the adhesives and solvents market. The website also features a blog and downloadable resources, suggesting a commitment to customer engagement and technical support.

Financially, Chemence Ltd presents a mixed picture. While net assets increased by a substantial 22%, rising to £5.7 million, the company’s bank borrowings have surged by a significant 2,400%, reaching £720,000. This suggests a reliance on external financing, which could be a concern. Cash reserves have also decreased by 59%, falling to £240,000. On the positive side, creditors decreased by 24%, indicating better debt management. The company’s staff costs increased by 15%, rising to £1.9 million, reflecting the growing workforce. Although no auditor is mentioned, the financial data provides a snapshot of the company’s current state. It seems like the company is growing, but it’s also burning through cash.

Registered in England/Wales under the registration number 01746313, with a registered address at WC2R 0LR, England, London, 6th Floor, Manfield House,, 1 Southampton Street.

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