Majestic Chemicals Limited

Majestic Chemicals Ltd, based in High Wycombe, UK, is a small, active company founded 20 years ago. With three employees and £999,869 in assets, it operates from a virtual address – a fact highlighted by the presence of 142 other companies registered at the same location. The company is run by three directors and owned by two individuals, though it's important to note that the ownership list may not be exhaustive. Majestic Chemicals imports and exports plastics and plastic products, though activity is irregular, with a month of imports recorded in 2022 and two months of exports in 2017.

The company's website reveals a more detailed picture: Majestic Chemicals is a leading epoxy paint supplier in the Philippines, specializing in flooring solutions for both residential and industrial applications. They offer a range of products, including self-leveling epoxy, metallic epoxy, and deep-pour epoxy, and even provide services like floor waterproofing and concrete grinding. The website showcases projects, including liquid marble flooring and epoxy river tables, and emphasizes quality, innovation, and end-to-end customer support. It’s clear they’ve invested in a strong online presence, with a dedicated team of sales and technical specialists.

Financially, Majestic Chemicals Ltd demonstrates a mixed picture. While cash reserves increased by a respectable 29% to £230,000, net assets only grew slightly, at 18%, reaching £470,000. Trade debtors have risen considerably, up 29% to £520,000, which could indicate increased sales but also potential challenges in collecting payments. Creditors have also increased by 21%, reaching £530,000, and the company’s other taxation social security payable has jumped significantly, rising 660% to £3,000. The company’s small size – meeting two of three criteria for a small company – allows for agility, but the increase in creditors and taxation suggests a need for careful financial management. The company is exempt from an audit, so the figures are unaudited. It's possible the company is investing heavily in its Philippine operations, which could explain the increase in creditors and taxation, but it would be prudent to monitor these trends closely.

Registered in England/Wales under the registration number 05310055, with a registered address at HP11 2EE, England, High Wycombe, Buckinghamshire, First Floor North, 40 Oxford Road.

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