Huntsman Ifs Polyurethanes Limited

Huntsman Ifs Polyurethanes Ltd is a large company, holding company, and active status, founded 32 years ago in 1992. It employs 33 people and holds assets valued at £12,457,246, with a yearly revenue of £20,645,184. Based at a real address in King’s Lynn, Norfolk, the company is overseen by two directors and one owner, and enjoys a perfect 5.0 Google rating based on two reviews. It regularly imports and exports plastics and plastic products, with 56 months of import activity and 58 months of export activity recorded.

The company operates in the manufacture of other chemical products, specifically focusing on polyurethane chemicals. It’s a holding company, and the business is likely structured to manage investments in various chemical-related ventures. The company’s website is not available, so it’s difficult to determine if it operates an e-commerce platform.

Financially, Huntsman Ifs Polyurethanes Ltd appears to be navigating some challenges. While its revenue remains strong, several key metrics have shifted. Accrued liabilities have decreased significantly, from £970,000 to £260,000, which is a positive sign. However, the company’s net assets have also declined. Bank borrowings have decreased, and cash bank on hand has fallen, suggesting a potential need to manage liquidity. Administrative expenses have decreased, which is a good sign, but the company’s average number of employees has also decreased. The company’s deferred tax liabilities have increased, which may be a result of changes in tax laws or accounting practices.

Despite these shifts, the company’s strong revenue and asset base indicate a solid foundation. The lack of auditor information suggests it's a smaller entity, exempt from full auditing requirements. The trends suggest the company may be undergoing restructuring or adapting to changing market conditions, but it’s too early to say for sure.

Registered in England/Wales under the registration number 02766797, with a registered address at PE30 1HJ, 26 King St., King's Lynn.

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