Gower Chemicals Limited

Gower Chemicals Ltd from Swansea, UK, is a small, holding company with an active status, established 47 years ago. Employing 36 people and holding £3,189,976 in assets, it’s a long-standing player in the region. The company has two directors and one owner, with a real registered address. It regularly imports inorganic chemicals (for 17 months) and exports them too (for 9 months), with the latest export activity in November 2024.

The company operates in the manufacture of other chemical products, and its website currently states "Coming Soon..." indicating a limited online presence. It's unclear if they have an e-commerce operation, but the lack of a functional website suggests a business-to-business model focused on direct sales or distribution.

Financially, Gower Chemicals Ltd presents a mixed picture. Cash bank on hand has increased significantly by 88%, reaching £1.5 million, which is a positive sign. However, trade debtors have decreased by 16%, suggesting potential issues with customer payments. Creditors have also increased by 13%, and bank borrowings have decreased by 10%, which could be a result of better debt management. Property plant and equipment has remained stable. The company meets two of the three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited accounts, prepared by Redwood Wales Limited, don’t mention an auditor, which is common for small companies.

Overall, Gower Chemicals Ltd appears to be financially stable, with a healthy cash position. The decrease in debtors and increase in creditors could be a cause for concern, but the company’s long history and established import/export operations suggest it’s navigating these challenges effectively. The lack of a website and the absence of a detailed online presence suggest a more traditional, business-to-business model rather than a modern e-commerce operation.

Registered in England/Wales under the registration number 01346796, with a registered address at SA1 8PT, United Kingdom, Swansea, Gower Chemicals Limited, Crymlyn Burrows.

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