Hydrachem Limited

Hydrachem Limited, based in London, UK, is a sizable company with a 51-year history, currently employing 79 people and holding assets valued at £4,424,589. Operating as a holding company with an active status, it’s a well-established player in its sector. The company's registered address, while listed, is likely a virtual one, as it’s shared by 1709 other companies. A team of ten directors guides the company, alongside one owner, and it boasts a respectable Google rating of 4.0 based on five reviews.

Hydrachem’s core business revolves around the manufacture and distribution of specialised chemicals and associated products. The company is a regular importer of plastics and plastic products, with 140 months of import activity recorded, and a regular exporter of miscellaneous chemical products, with 114 months of export activity. It’s clear they're involved in both inbound and outbound trade.

The company’s website highlights its expertise in water purification, surface disinfection, and contract manufacturing. It’s not primarily an e-commerce operation; instead, it functions as a business-to-business supplier, offering its products to a wide range of industries, including healthcare, food safety, and agriculture. They even contract manufacture chlorine tablets for some of the best known brands.

Financially, Hydrachem shows a mixed picture. Current assets have taken a hit, dropping 28% to £4.4 million. Bank borrowings have decreased by 14%, and cash reserves have also fallen by 15%, sitting at £490,000. However, creditors have seen a significant decrease of 23%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) allows for some flexibility, but the decline in net assets warrants attention. The company’s accounts are audited, and the auditor is Gravita Audit II Limited.

The company’s net loss has dramatically increased, jumping from -£260,000 to £290,000, and the company’s cash reserves have fallen 30% to £490,000. While the company's creditors decreased by 18%, this could be a sign of short-term cost cutting rather than long-term financial health.

Registered in England/Wales under the registration number 01135842, with a registered address at E1W 9US, United Kingdom, London, 2 Leman Street.

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