Lake Chemicals And Minerals Limited

Lake Chemicals and Minerals Ltd, based in Redditch, UK, is a holding company with an active status. Established 23 years ago in 2001, the company employs 68 people and holds assets valued at £11,642,280. It has a real registered address and is overseen by three directors and three owners. The company boasts a perfect 5.0 Google rating from eight reviews and is a regular importer and exporter of organic chemicals, with 849 months of import activity and 246 months of export activity recorded.

The company's website reveals it’s currently undergoing a brand-new website development, with the existing site serving as a temporary holding page. Lake Chemicals and Minerals positions itself as an innovator, bringing together thinkers to deliver value for suppliers and customers. It operates across four divisions serving pharmaceuticals, food and beverage, paints and coatings, corrosion protection, cosmetics and personal care, and other industrial markets. The company emphasizes its product and application expertise, market trend analysis, regulatory knowledge, and agile manufacturing capabilities, offering design, development, sourcing, conversion, warehousing, and distribution services. It's a member of the LEL Group, a European strategic alliance of distribution companies.

Financially, Lake Chemicals and Minerals Ltd presents a mixed picture. Accrued liabilities have decreased by 34%, while deferred tax liabilities have increased by a significant 120%. Bank borrowings have decreased by 21%, and cash reserves have surged by an impressive 1100%. However, net assets have increased by 17%, suggesting a healthy overall financial position. Trade debtors have decreased by 11%, which is a positive sign. The company’s relatively small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The lack of a named auditor suggests the company is exempt from mandatory auditing, relying on unaudited financial statements.

Overall, Lake Chemicals and Minerals Ltd appears to be a stable, well-regarded company in a specialized sector. The company's strong reputation and diverse service offerings suggest a resilient business model, though the financial data indicates some areas for continued attention.

Registered in England/Wales under the registration number 04306904, with a registered address at B98 9PA, England, Redditch, 3 Moons Park Burnt Meadow Road, Moons Moat North Industrial Estate.

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