De Monchy Aromatics Limited

De Monchy Aromatics Ltd from Poole, UK, is a small, holding company with an active status, celebrating 43 years since its founding in 1982. Employing 23 people and holding £4,272,637 in assets, the company operates from a real address and is overseen by six directors and one owner. A regular importer and exporter of organic chemicals, with 365 months of import activity and 692 months of export activity, the company’s business revolves around the wholesale of intermediate products.

The company’s website doesn’t provide much detail about its online presence, suggesting a primarily business-to-business operation rather than direct e-commerce. It’s likely that De Monchy Aromatics supplies ingredients and raw materials to other manufacturers, rather than selling finished products to consumers.

Financially, De Monchy Aromatics Ltd shows a mixed picture. Current assets have decreased by 7%, dropping to £4,300,000, while net assets remained stable at £3,300,000. Bank borrowings have decreased significantly, falling by 75% to £65,000, and cash reserves have increased substantially, rising by 140% to £960,000. Creditors have decreased slightly by 23%, indicating better debt management. 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 agility, but the decrease in current assets could indicate a slowdown in sales. With no auditor mentioned (likely exempt as a small company), the financial statements are unaudited.

The company’s substantial cash reserves and decreased borrowings suggest a financially stable position, despite the slight decrease in current assets. The increase in cash reserves could be due to improved efficiency or reduced expenses. However, the decrease in current assets could indicate a need to monitor sales and working capital management.

Registered in England/Wales under the registration number 01615220, with a registered address at BH16 6LS, England, Poole, Units B & C Holton Heath Trading Park, Blackhill Road.

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