Ethimex Limited
- Active
- Large
- 26 years
- 16 employees
- £7,516,205 (cur assets)
- Regular importer
- Regular exporter
- Real address
- 2 directors
- 2 owners
- Family business
- London
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Summary
Ethimex Ltd from London UK: a large, active company founded 26 years ago, employs 15 people, and holds £7,712,277 in assets. It's a real address, managed by two directors and two owners, and operates as a family business. The company regularly imports and exports drinks, alcohol, and vinegar, having done so for 22 months and 38 months respectively.
The company operates in the wholesale of chemical products industries. It’s a large company as it met two of three conditions: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The website is not available to view.
The company’s financial data presents a mixed picture. While revenue increased by a significant 36%, rising to £17 million, net losses also deepened to £1.3 million. Cash reserves increased by 24% to £2 million, but bank borrowings surged by 5800%, reaching £770. Creditors decreased by 8.3%, suggesting better debt management, and staff costs decreased by 10%. The company’s auditor is D E Hunter Limited. It’s likely the company is experiencing growth pains, investing heavily to expand its operations, which is impacting short-term profitability. The increase in bank borrowings suggests a reliance on external funding to support this growth, and it will be interesting to see if the company can turn a profit in the coming years.
Registered in England/Wales under the registration number 03757834, with a registered address at NW10 6AX, England, London, Ethimex Limited, Studio 2, 58 Waldo Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 14 years
-
Resident of United Kingdom
-
Individual
- 26 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Full accounts made up to 2024-09-30Download 23 pages pdf report
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Confirmation statement made on 2025-02-23 with no updatesDownload 3 pages pdf report
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Full accounts made up to 2023-09-30Download 23 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Ethimex Limited
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