Minchem Limited

Minchem Limited, based in Aldershot, UK, is a holding company with an active status, established 27 years ago in 1997. The company employs 13 people and holds assets valued at £7,960,013. It operates from a real address and is overseen by four directors and a single owner. Minchem is a regular importer and exporter, specializing in inorganic chemicals, with 14 months of import activity and 5 months of export activity recorded. The last import was made in November 2024, and the last export in December 2024.

The company’s website reveals a business focused on sourcing and supplying specialized inorganic and mineral-based products for a wide range of industries. It's a key supplier of zirconium oxides, zirconium chemicals, and cobalt chemicals, serving sectors like abrasives, animal feed, ceramics, healthcare, and industrial catalysts. A significant portion of the business seems to be representation for leading global producers, acting as agents and distributors. The website also mentions a larger group, the Minchem Group, which includes niche product suppliers.

Financially, Minchem Limited’s report indicates a mixed picture. Cash reserves saw a healthy increase of 38%, reaching £2.8 million, which is good news. However, net assets also increased by 15%, reaching £7.8 million. Trade debtors decreased by 11%, which is a positive sign of better collections. However, accrued liabilities decreased by 20%, and creditors increased by 21%, which could indicate increased short-term debt. The company’s average number of employees increased by 7.7%, suggesting growth. The company’s auditor is Paterson Brodie Limited.

While the company's growth in assets and cash is encouraging, the increase in creditors warrants a closer look. It's possible that Minchem is investing in inventory or expanding operations, but it's also important to monitor its ability to manage its short-term obligations. The company's continued focus on specialized chemicals and its representation role suggests a sustainable business model, but the financial data highlights the need for careful management of its liabilities.

Registered in England/Wales under the registration number 03377633, with a registered address at GU11 3NB, United Kingdom, Aldershot, Hampshire, The Old Pottery, 4 Hillside Road.

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