Chemique Adhesives And Sealants Limited

Chemique Adhesives And Sealants Ltd from Aldridge UK is a large, holding company with an active status, founded 39 years ago. Employing 58 people, it holds assets worth £7,352,538 and generates a yearly revenue of £17,779,389. The company has a real address, is overseen by four directors, and has one owner. It boasts a Google rating of 5.0 based on two reviews and regularly imports and exports plastics and plastic products, with 154 months of import activity and 96 months of export activity.

The company operates in the manufacture of other chemical products n.e.c. industries, and its website suggests a focus on adhesives and sealants. While no e-commerce functionality is apparent, the site showcases a range of products and technical information, indicating a business-to-business model rather than direct consumer sales.

Financially, Chemique Adhesives And Sealants Ltd presents a mixed picture. While revenue remains strong at £17,779,389, the company experienced a significant drop in profit, falling from £1.2 million to just £600,000. Cash bank on hand increased substantially by 39% to £2.9 million, a positive sign, but bank borrowings also rose, reaching £280,000. Trade debtors increased by 19%, suggesting potential issues with customer payments, and creditors rose by 35%, indicating increased short-term liabilities. Despite these challenges, the company’s strong asset base and increased cash reserves suggest a degree of financial resilience. The company is audited by PKF Smith Cooper Audit Limited.

The increase in administrative expenses by 26% could be a factor in the reduced profits, and the decrease in deferred tax credit might also be contributing. The company’s large size (meeting two of three criteria for being large) and established presence in the industry, combined with its continued import and export activity, suggest it remains a significant player in the adhesives and sealants market.

Registered in England/Wales under the registration number 01945954, with a registered address at WS9 8UR, Aldridge, West Midlands., Unit 21, Empire Close, Brickyard Road.

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