Crestchem Limited

Crestchem Ltd from Liverpool, UK, is a small holding company with an active status, having been founded 36 years ago in 1989. Employing just three people, the company holds assets worth £2,058,741 and generates yearly revenue of £5,681,741. It operates from a real address and is overseen by four directors and one owner. Crestchem regularly imports and exports organic chemicals, with 112 months of import activity and 10 months of export activity recorded.

The company’s website, crestchem.co.uk, describes it as a distributor of chemical products, serving a range of industries. While the site doesn’s offer e-commerce functionality, it does provide product listings and contact information, suggesting a business-to-business model.

Financially, Crestchem Ltd presents a mixed picture. While turnover decreased by 21% to £5.7 million, cash reserves increased significantly by 110% to £520,000. However, net assets decreased by 10% to £1.3 million, and losses deepened to £460,000. Bank borrowings have been reduced to zero, a positive sign, but creditors have risen sharply by 160% to £730,000. The company’s small size (meeting two of three conditions for being a small company) helps it stay nimble, but the decrease in profit raises questions. The unaudited financial statements, prepared by UHY Calvert Smith LLP, don’t offer a full picture, but they do suggest a company navigating challenging market conditions. It appears the company is holding steady, but the decrease in profits needs to be monitored closely.

Registered in England/Wales under the registration number 02332302, with a registered address at L2 3YL, England, Liverpool, Walker House, Exchange Flags.

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