Geochemic Ltd

Geochemic Ltd is a small, active company based in Blaenavon, UK, founded nine years ago in 2015. With four employees and £371,661 in assets, it operates from a real address within the Torfaen Business Centre. The company is led by a single director and owner, Barnes Andrew, who also acts as a consultant geochemist. Geochemic Ltd is classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It’s an irregular importer, with its top import category being optical and medical tools and devices, totaling just two months of imports, the last recorded in June 2022.

The company’s website is non-existent, which makes it difficult to determine the specifics of their operations. However, the company description indicates they operate in environmental consulting activities and technical testing and analysis industries. It's unclear if they have an online store or if their services are solely business-to-business.

Financially, Geochemic Ltd shows some interesting trends. Cash bank on hand has increased significantly by 180%, reaching £230,000, while trade debtors have decreased by 18%, now at £140,000. Creditors have also decreased, by 19%, to £75,000. Equity has seen a substantial increase, rising 71% to £250,000, suggesting retained earnings are growing. However, accrued liabilities have also increased slightly, by 5.9%. The company’s net assets and liabilities have both increased by 71%. Despite these positive trends, the company’s net losses deepened from -£10,000 to -£23,000. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

It’s clear that Geochemic Ltd is growing, with increased cash reserves and equity, but also facing some financial pressure, as evidenced by the net losses. The company’s small size and solo founder structure may contribute to agility, but also potentially limit its ability to scale.

Registered in England/Wales under the registration number 09798504, with a registered address at NP4 9RL, Wales, Blaenavon, Torfaen, Ty Cyd 2 Torfaen Business Centre, Gilchrist Thomas Industrial Estate.

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