Jiahua Europe Limited

Jiahua Europe Ltd, based in Newcastle Upon Tyne, UK, is a small holding company with an active status, established nine years ago. The company employs five people and holds assets valued at £603,096. It has a real address, one director, and two owners. While a regular importer, its top import category has been "None" for the past seven months, with the last import operation occurring in February 2019.

The company operates within the other professional, scientific, and technical activities industries, offering a range of chemical products and solutions. Its website showcases a focus on industrial chemical products, including construction chemicals, performance materials, care chemicals, coating and industrial additives, and functional materials. These products cater to diverse sectors like construction, automobile, home furnishing, coatings, and oil fields. Jiahua Chemicals Inc. emphasizes innovation, sustainability, and responsible care throughout its operations.

Financially, Jiahua Europe Ltd’s recent performance presents a mixed picture. Current assets have significantly decreased by 41%, dropping to £600,000, while net assets have plunged 97%, reaching -£850,000. Cash reserves have also experienced a substantial decline of 68%, falling to £35,000. Bank borrowings have increased, and trade debtors have fallen. Despite these challenges, creditors have decreased slightly, suggesting improved debt management. The company meets the criteria for a small company, with turnover below £10.2 million, assets below £5.1 million, and fewer than 0 employees. There’s no auditor mentioned, which is common for small companies.

The sharp decline in equity is a concerning trend, potentially indicating increased losses or a need for additional investment. The company’s focus on specialized chemical products and its commitment to sustainability could provide a competitive edge, but it will need to address its financial pressures to ensure long-term viability.

Registered in England/Wales under the registration number 09960658, with a registered address at NE1 6JQ, England, Newcastle Upon Tyne, 3 Hood Street.

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