Joseph Mills (denaturants) Limited

Joseph Mills Denaturants Ltd, based in Liverpool, UK, is a small company with an active status, celebrating 49 years since its founding in 1975. The business employs just four people and holds assets valued at £4,323,782. While it has a registered address, it's likely a virtual one, as 208 companies share the same location. The company is managed by one director and one owner, and boasts a stellar 5.0 Google rating based on a single review. It’s an irregular importer, primarily dealing with miscellaneous chemical products, with its last import activity recorded over two years ago in May 2022.

The company’s website, ethanol.co.uk, reveals a specialized operation focused on the production and supply of denaturants for industrial alcohol. They are licensed methylators, offering HMRC-approved denaturants and organic ethanol, even holding accreditation from the Soil Association. They act as distributors for Tereos, a major European ethanol producer, receiving bulk ethanol in Liverpool and Newcastle before distributing it in various containers. The website also mentions a long history in alcohol production, dating back to 1898, and a focus on high-quality products and services. They’re clearly targeting industrial customers with a need for denatured alcohol and related products.

Financially, Joseph Mills Denaturants Ltd presents a mixed picture. While cash bank on hand increased by 5.1% to £2.1 million, net assets declined by 26% to £1.3 million. Trade debtors have risen significantly, increasing by 41% to £1.8 million, while creditors also increased by 24% to £3.7 million. Accumulated amortisation impairment intangible assets increased by a staggering 250%, and fixed assets decreased by 36%. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in equity and increase in debt are concerning. The lack of an auditor mentioned suggests the company is exempt, and the unaudited statements rely on director-reported data. The company’s current income tax payable decreased by 52%, which could be a positive sign.

Registered in England/Wales under the registration number 01228617, with a registered address at L3 9QJ, United Kingdom, Liverpool, Suites C,D,E,F, 14th Floor The Plaza, Old Hall Street.

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