Devine Chemicals Limited

Devine Chemicals Ltd, based in Stanley, UK, is a small, active company established 31 years ago. With 10 employees and £4,071,289 in assets, it's a well-established player in its sector. The company, founded solo, now has three directors and two owners, operating from a real address. It’s a regular importer of tanning and dyeing products (149 months) and a regular exporter of plastics and plastic products (88 months), with the latest activity recorded in February 01, 2025.

The company’s website showcases a wide range of speciality chemicals and services, positioning itself as a leading manufacturer and global distributor. It offers a portfolio of its own products, including DeCAL thickeners and dispersants, as well as distributing products from other manufacturers like Allinova and Lamberti. The website details applications across various industries, including building and construction, coatings, inks, agrochemicals, and more. It also highlights its expertise in areas like tile adhesives, screed admixtures, and industrial seed coatings. The site even includes a blog with helpful tips and advice, demonstrating a commitment to customer support.

Financially, Devine Chemicals Ltd presents a mixed picture. While bank borrowings decreased significantly by 75%, falling to £320,000, cash reserves declined by 46%, ending at £170,000. Current assets also saw a decrease of 18%, dropping to £4,100,000. However, creditors decreased by 16%, falling to £660,000, suggesting improved debt management. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees – and is exempt from an audit. The increase in liabilities, however, suggests the company is spending more than it's earning. The company’s reliance on current financial instruments is noticeable, and the lack of a mentioned auditor is typical for a small company. The company’s growth in employees, from 10 to 11, is a small but positive sign.

Registered in England/Wales under the registration number 02887222, with a registered address at DH9 7YB, Stanley, Co. Durham, Unit 8, Parkhead, Greencroft Industrial Park.

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