Grotech Limited

Grotech Limited is a small, active company based in Rochford, UK, founded twenty years ago in 2005. It employs just three people and holds assets valued at £802,587. The company operates from a real address and is overseen by three directors and two owners. It imports “None” regularly, though only for four months, and exports miscellaneous chemical products irregularly, with only one month of export activity recorded as of July 2021.

The company’s website reveals it’s a custom toll manufacturer, packer, and filler, providing services to the agrochemical, construction, and speciality chemical sectors. It doesn't produce its own products, instead focusing on manufacturing for other companies. Grotech's services include analytical testing, chemical repackaging, contract filling and packing, custom formulation, and blending of powders, liquids, and granules. It boasts forty years of experience and emphasizes exceptional product quality, technical support, and customer service. The company also highlights its multi-sector expertise and commitment to sustainable contract manufacturing.

Financially, Grotech Limited shows a mixed picture. Current assets have decreased by 14% to £800,000, while net assets have fallen by 15% to £730,000. Cash reserves have significantly dropped by 69% to £130,000. Trade debtors have increased substantially by 44%, suggesting potentially delayed customer payments or an expansion of credit terms. Bank borrowings have vanished entirely, a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in equity raises questions about its long-term stability. The company is exempt from an audit as a small company, so the figures are unaudited.

The significant decrease in cash reserves and the increase in trade debtors could be attributed to the fluctuating nature of the chemical industry or perhaps a period of increased investment. It’s likely the company is working to manage these trends, but the long-term impact remains to be seen.

Registered in England/Wales under the registration number 05435396, with a registered address at SS4 3JF, England, Rochford, 597 Ashingdon Road.

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