Chemitech Ltd

Chemitech Ltd, based in Hinwick, UK, is a small, active company founded 22 years ago in 2002. With just two employees and £47,321 in assets, it’s a modest operation managed by one director and owner. The company has a real address and operates from Unit 2, Podington Airfield, Airfield Road, NN29 7JQ. It’s been incorporated for quite a while now, and its status is active.

Chemitech Ltd’s business model is interesting. It’s an irregular importer of organic chemicals, with just two months of import activity recorded, the last in July 2023. However, it’s a regular exporter of miscellaneous chemical products, with four months of export activity, the last in July 2024. The company operates in the other professional, scientific and technical activities n.e.c. industries.

The company's website, Chemitech Global, highlights its focus on providing chemical solutions to various industries, including construction, real estate, and engineering. It offers a range of products like Fast Oxidizen ROR and Fast CrackSealerCS, and services such as delivering superior customer service. The website also emphasizes its core values: customer focus, personal engagement, teamwork, innovation, integrity, and sustainability. It’s clear they’re aiming to build strong relationships with their customers, and they’re working with a variety of companies, from local construction firms to international developers.

Financially, Chemitech Ltd shows some concerning trends. Current assets increased by a substantial 120%, reaching £47,000, but this is offset by a significant 260% increase in trade debtors, now at £12,000. Creditors also rose by 64%, reaching £30,000. The company’s equity, however, saw a dramatic increase of 220%, now at £27,000. Bank borrowings are at £29,000. The company is a small business, meeting two of three conditions for classification: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it's exempt from an audit, so the figures are unaudited. The company’s depreciation impairment property plant equipment has been decreasing. It’s likely that the company is facing challenges in managing its cash flow, but the increase in equity suggests it may be attracting investment or retaining earnings.

Registered in England/Wales under the registration number 04570006, with a registered address at NN29 7JQ, Hinwick, Northants, Unit 39 Podington Airfield, Airfield Road.

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