Klinge Chemicals Limited

Klinge Chemicals Ltd from London UK is a small, family-run business with an active status, having been founded 48 years ago in 76. Employing 46 people and holding £3,724,557 in assets, it operates from a virtual address shared by over 100 other companies. The company is led by four directors and owned by two individuals. It’s an irregular importer of machinery, boilers, and mechanical appliances—parts, with just two months of import activity, but a regular exporter of fertilizers, having exported for 109 months.

The company’s website reveals a fascinating dual identity. While officially Klinge Chemicals Ltd specializes in specialist potassium chloride production, its website details a much larger operation: Klinge Chemicals, a global leader in high-end piano restoration and sales. Operating from East Kilbride, Scotland, the company boasts a showroom in Harrods, London, and offers museum-grade restorations, self-play system integrations, and disaster recovery services. The website highlights over 30 years of experience in the piano industry, suggesting a long-standing heritage.

Financially, Klinge Chemicals Ltd presents a mixed picture. Current assets have decreased by 19%, falling to £3,700,000, while net assets have declined by 11%, settling at £3,200,000. Bank borrowings have decreased by 61%, reaching £320,000, and cash reserves have increased by 30%, rising to £970,000. Creditors have also decreased by 23%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in net assets warrants further investigation. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Klinge Chemicals Ltd appears to be navigating a complex business landscape. While its core chemical production arm seems stable, the larger, piano-focused operation suggests a broader, more established presence. The company’s financial performance indicates a period of adjustment, and its long-standing history and family ownership provide a solid foundation for future growth.

Registered in England/Wales under the registration number 01291684, with a registered address at EC4M 7WS, England, London, One, Fleet Place.

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