Chemstar Limited

Chemstar Ltd from Mayfair UK: a small, active company founded 31 years ago, employs 12 people, and holds £1,144,317 in assets. With two directors and two owners, it’s a relatively compact operation. Regular importer of essential oils and perfumes (3 months imported), the company operates in the dispensing chemist in specialised stores industries.

Chemstar Ltd’s website reveals a fascinating dual identity. While the core business is Chemstar Paint, a manufacturer of paints and allied products, including the Shield and Finecoat brands, the site also highlights a broader mission of corporate social responsibility and awards recognition. The company’s focus is on providing “quality products that will match international standards” and ensuring customer satisfaction. The website also features a news section with articles on maintenance tips for painted walls and colour trends—suggesting an effort to engage customers beyond just product sales.

Financially, Chemstar Ltd presents a mixed picture. Current assets increased by 18% to £1,100,000, while net assets grew by 5.2% to £670,000. Bank borrowings increased by 18% to £33,000, and cash reserves rose by 14% to £860,000. Creditors increased by 40% to £510,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in creditors may indicate increased operational expenses. The company’s accounts are unaudited, likely due to its small size, and no auditor is mentioned. The depreciation of furniture fittings increased by 36%, which may be due to increased wear and tear.

Registered in England/Wales under the registration number 02842128, with a registered address at W1K 2PL, United Kingdom, Mayfair, 36 South Audley Street.

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