Monarch Chemicals Limited

Monarch Chemicals Ltd, based in Leeds, UK, is a sizable holding company with an active status, celebrating 35 years since its founding in 1989. The company employs 53 people and holds assets worth £14,003,022, generating a yearly revenue of £35,166,634. While it has a registered address, thirteen companies share the same location, suggesting a virtual address. The company is managed by four directors and has one owner. Monarch Chemicals is a regular importer and exporter of organic chemicals, with 455 months of import activity and 31 months of export activity recorded.

The company operates as a chemical manufacturer and distributor, offering services including chemical blending and toll manufacturing. Its website highlights a commitment to sustainability and customer focus, emphasizing trustworthy relationships and expertise. Monarch Chemicals serves a wide range of industries, from agriculture to waste recycling, offering a vast selection of chemicals and tailored supply services. They even publish industry news and insights via a blog, discussing topics like caustic soda differences and deicing chemicals.

Financially, Monarch Chemicals presents a mixed picture. While turnover remained steady at £35 million, net assets increased significantly by 110%, reaching £12 million. However, bank borrowings increased by 4%, reaching £98,000, and cash reserves jumped dramatically, increasing by 2600%, reaching £3.3 million. Creditors decreased by 40%, which could indicate improved debt management. The company meets two of three criteria to be classified as a large company, with turnover exceeding £36 million and balance sheet total exceeding £18 million. The accounts are audited by Sargeant Partnership LLP.

Despite the positive trends in assets and cash, the increased bank borrowings warrant attention. The company's reliance on external funding could pose risks if market conditions change. However, the strong revenue and asset base suggest Monarch Chemicals is in a relatively healthy position, continuing its operations and serving a diverse range of customers in the chemical industry.

Registered in England/Wales under the registration number 02404731, with a registered address at LS16 6QY, England, Leeds, Alpha House Lawnswood Business Park, Redvers Close.

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