Chemys Limited

Chemys Limited, based in Ilford, UK, is a small, active company founded ten years ago. Employing just four people, it holds £1,687,386 in assets and maintains a real address. The company, managed by two directors and one owner, enjoys a stellar 5.0 Google rating from six reviews, a testament to its customer service. As a regular importer of pharmaceutical products (97 months of import activity, with the latest in February 2025), it plays a vital role in the UK’s supply chain.

The company’s website, Chemys Limited Medicine Wholesaler United Kingdom, clearly positions it as a wholesale supplier of pharmaceuticals. It’s a B2B operation, not an e-commerce site, focusing on distribution rather than direct sales to consumers. The site’s simplicity suggests a focus on established relationships and trade channels.

Financially, Chemys Limited shows a mixed picture. Cash reserves increased significantly, jumping 61% to £1.2 million, which is good news. However, accrued liabilities also rose sharply, increasing by 180% to £11,000. Trade debtors ballooned by 94% to £400,000, indicating that customers are taking longer to pay, and creditors increased by 140% to £420,000. The number of employees increased by 50%, from four to six, which could be a sign of growth, but also increased costs. 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 flexibility, but the rise in debt warrants close monitoring. As a small company, it’s exempt from an audit, so the figures are unaudited. Loans from directors increased by a staggering 1,500%, reaching £2,300, which could indicate a need for additional capital.

Registered in England/Wales under the registration number 09555121, with a registered address at IG6 3TU, United Kingdom, Ilford, Unit 8, Acorn Centre Roebuck Road, Hainault Business Park.

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