Nexchem Ltd

Nexchem Ltd from Leicester, UK, is a small, active company founded 14 years ago in 2011. It employs 10 people and holds £1,351,638 in assets. With a real address and two directors and owners, the company regularly imports organic chemicals (8 months) and exports inorganic chemicals (4 months). It’s a fairly standard setup for a UK business.

Nexchem’s website paints a picture of a chemical sales and distribution expert. It supplies a wide range of chemicals to various UK industries, including print, textiles, cleaning, agriculture, and automotive. The company emphasizes quality, competitive pricing, and a flexible service, with UN-approved containers and HSE compliance. It’s clearly focused on being a reliable and trusted distributor, with a strong emphasis on customer care.

Financially, Nexchem Ltd shows some concerning trends. While current assets remain stable at £1.4 million, net assets have decreased by 10% to £610,000. Cash reserves have also fallen by 20% to £470,000. Bank borrowings have increased, and trade debtors have decreased. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to be agile, but the decrease in equity is something to keep an eye on. There’s no mention of an auditor, which is typical for small companies. The company’s directors loan account balance has been repaid in full. It’s a bit worrying, but not necessarily a disaster.

Registered in England/Wales under the registration number 07496842, with a registered address at LE4 1ET, England, Leicester, Leicestershire, Unit 3 Barshaw Park, Leycroft Road.

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