Clonoose Chemicals Ltd.

Clonoose Chemicals Ltd from Manchester UK is a small, active company founded 21 years ago. With just two employees and £1,580,140 in assets, it operates from a virtual address—a point to note, as 54 other companies share the same location. The business is led by two directors and a single owner, who also serves as the solo founder. It's a regular importer of organic chemicals, with 27 months of import activity recorded, and a consistent exporter, boasting 221 months of export activity.

The company’s core business revolves around the wholesale of chemical products, and it appears to be a well-established player in this sector. While a website isn’t available to analyze, the company’s long history of importing and exporting suggests a focus on B2B transactions rather than direct-to-consumer e-commerce.

Financially, Clonoose Chemicals Ltd shows a mixed picture. Cash bank on hand has seen a significant increase of 160%, jumping to £830,000—a positive sign of liquidity. However, trade debtors have decreased substantially by 43%, falling to £660,000, which could indicate slower customer payments or a conscious effort to tighten credit terms. Creditors have also dropped significantly, down 34% to £280,000, suggesting improved debt management. 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 a 50% decrease in the average number of employees during the period is a concern. The company’s equity has increased by 12%, reaching £1.3 million, which is a good sign. With no auditor mentioned, the figures are unaudited.

Overall, Clonoose Chemicals Ltd seems to be navigating a period of change. While the increased cash reserves and improved debt management are encouraging, the decrease in employees and the drop in trade debtors warrant closer attention. The company's long-standing presence in the chemical wholesale sector, combined with its small size and solo founder leadership, suggests a resilient business model—but one that may need to adapt to evolving market conditions.

Registered in England/Wales under the registration number 04832015, with a registered address at M3 2PJ, Manchester, Reedham House, 31 King Street West.

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