Ethimex Limited

  • Large
  • Active
  • 26 years
  • 15 employees
  • £7,712,277 (assets)
  • Real address
  • 2 directors
  • 2 owners
  • Regular importer
  • Regular exporter
  • Family business

Field of Operation

Wholesale of chemical products
46750 2803 companies

Website

Social media

Phones

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

  • Edge Charles Edward
  • 9 years
  • 1
  • 25%+
  • Edge Fiona Anne
  • 9 years
  • 25%+

Managers

  • Edge Fiona Anne
  • 13 years
None
  • Edge Charles Edward
  • 25 years
  • 1
Manager

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Confirmation statement made on 2025-02-23 with no updates
  2. Full accounts made up to 2023-09-30
  3. Confirmation statement made on 2024-02-23 with no updates

Importer profile by HS codes

Last imported products

All imported products

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Exporter profile by HS codes

Last exported products

All exported products

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