Marlin Chemicals Limited

Marlin Chemicals Ltd from Sevenoaks UK is a small, family-run company, active since its founding 42 years ago. With just three employees and £727,655 in assets, it operates from a virtual address – fourteen other companies share the same location. The business is led by three directors and owned by two individuals. It’s a regular importer of plastics and plastic products, with a history of 22 months of imports, although the last recorded import was way back in 2017.

The company’s website suggests a focus on supplying chemicals to the pharmaceutical industry and beyond, offering a range of products like acids, resins, and oils. It appears to operate as a distributor rather than a manufacturer, sourcing materials and selling them to various clients. The site lists contact details and even a fax number, which feels a little old-fashioned in today's digital world. It also has a section for "hot products" and a database for chemical information, indicating a technical focus.

Financially, Marlin Chemicals Ltd shows a mixed picture. Cash reserves have fallen by a significant 17%, dropping to £570,000, while current assets have also decreased by 15%, settling at £730,000. However, creditors have seen a dramatic 79% reduction, falling to £28,000, which could indicate improved debt management. Bank borrowings have remained stable. The company meets two of the three criteria to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), and, as a small company, it is exempt from an audit. The accounts are unaudited, so the figures are director-reported.

The company's equity has also seen a decline, falling 7.8% to £1.6 million. While the company’s net assets are still substantial, the drop in cash and equity, alongside the lack of recent import activity, suggests that the company may be burning through money. The lack of any mention of an auditor is not unusual for a small company, but it does mean that the financial information is not independently verified. Overall, Marlin Chemicals Ltd appears to be a steady, if somewhat quiet, operation, but the financial trends warrant closer monitoring.

Registered in England/Wales under the registration number 01640117, with a registered address at TN13 1XR, Sevenoaks, Kent, Hearts Of Oak House, 4 Pembroke Road.

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