Hammond Chemicals Limited

Hammond Chemicals Limited, based in Brierley Hill, UK, is a well-established, family-run business operating for 55 years. The company, currently active, holds a strong Google rating of 5.0 based on five reviews and employs 22 people. With assets totaling £15,529,240, it's considered a large company, meeting two of three criteria: turnover exceeding £36 million and a balance sheet total over £18 million. It functions as a holding company, with four directors and one owner, and regularly imports organic chemicals – the last operation occurring in January 01, 2025.

The company’s website highlights its role as a supplier of industrial solvents and blended solvents to various industries. Operating from its own site in the Midlands, Hammond Chemicals offers deliveries in pack sizes from 1 litre to 1000 litres, as well as bulk deliveries up to 5000 litres, using its own fleet of vehicles. It emphasizes its independence and flexibility, aiming to create bespoke supply arrangements with customers. The website warns of phishing emails and stresses the company operates solely from its Brierley Hill location.

Financially, Hammond Chemicals presents a mixed picture. While revenue remained stable at £14 million, net assets decreased by 15% to £16 million. Cash reserves plummeted 81% to £1.2 million, a significant drop. Bank borrowings increased by 100%, reaching £1.1 million, and creditors decreased by 34%, suggesting improved debt management. The company's fixed assets increased by 30%, and staff costs rose by 45%. Despite these challenges, the company’s current assets remained stable. The company’s auditor is JW Hinks LLP. The company’s small size means it’s exempt from an audit.

Overall, Hammond Chemicals appears to be navigating a period of change. While the company’s core business remains strong, the financial data suggests it’s facing pressures. The continued focus on customer relationships and the company’s independent ethos may help it weather these challenges, but the sharp decrease in cash reserves warrants close monitoring.

Registered in England/Wales under the registration number 00964829, with a registered address at DY5 1JR, Staffs, Canal Street,, Brierley Hill,.

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