De Monchy Uk Limited

De Monchy Uk Ltd, based in Sevenoaks, UK, is a large holding company with an active status. Established eight years ago in November 09, 2016, the company employs a small team of seven individuals and holds assets totaling £8,481,240. Its yearly revenue reached £21,420,738, demonstrating a substantial operation. The company operates from a virtual address, as thirteen companies are registered at the same location, which is a little strange. It's managed by one director and one owner, with Mcg Bv being the owner.

The company specializes in the wholesale of chemical products, and it’s a regular importer and exporter of plastics and plastic products, with 215 months of import activity and 24 months of export activity, the latest being January 01, 2025. It’s a large company as it met two conditions of three: turnover more than £36 million, balance sheet more than £18 million, employees more than 250.

Looking at the financials, things are a bit mixed. While revenue is strong, there's been a noticeable decline in cash reserves, dropping 66% to £420,000. Bank overdrafts have also decreased significantly, by 37%, to £3.1 million. On the plus side, creditors have fallen by 33%, which could indicate improved debt management. The company’s net assets increased by 22% to £1.9 million. However, the increase in administrative expenses by 34% is a little concerning.

The company's financial statements were audited by Creasey Son & Wickenden, and the senior statutory auditor was M K Lunt FCA. The director signing the financial statements was G C Snel. The company's turnover declined by 28% to £21 million, and the net loss deepened to £340,000. The company’s trade debtors ballooned by 37% to £2.8 million, suggesting delayed customer payments.

Overall, De Monchy Uk Ltd appears to be navigating a period of change. While its core business remains robust, the financial trends suggest it’s facing some challenges. It’s a well-established company with a solid foundation, but it will need to address these financial pressures to ensure long-term success.

Registered in England/Wales under the registration number 10471604, with a registered address at TN13 1XR, United Kingdom, Sevenoaks, Kent, Hearts Of Oak House, 4 Pembroke Road.

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