Novasol Chemicals Uk Ltd

Novasol Chemicals Uk Ltd, based in London, is a small, active company founded six years ago. It employs four people and holds assets worth £2,059,993, operating from a virtual address shared by many other businesses. The company is led by three directors and has one owner, Coiffard Francois-xavier Olivier Marie. It’s a regular importer of organic chemicals, with 292 months of import activity recorded, the last in March 2025.

The company's website, Novasol Chemicals, describes itself as an independent, privately owned chemical distribution company established in Belgium in 1997. It provides tailored distribution solutions and packaging capabilities for a broad portfolio of chemicals, serving industries like pharmaceuticals, agrochemicals, and personal care. It operates across Asia, Europe, and North America, with local teams in over 15 countries. The company's recent expansions into Turkey and Poland indicate a dynamic growth strategy. It’s listed in the ICIS TOP 100 of EU chemical distributors and holds ISO 90012015 certification.

Financially, Novasol Chemicals Uk Ltd shows some interesting trends. Bank borrowings have increased significantly, jumping 200% to £300,000, while cash reserves have completely disappeared, dropping 100% to zero. Creditors have decreased by 47%, suggesting better debt management, but trade debtors have risen sharply by 67%, which could indicate difficulties in collecting payments. Equity has increased by a substantial 190%, a positive sign, but net current assets liabilities have also increased by 190%. The company’s size (meeting two of three conditions for being a small company) helps it remain flexible, but the sudden shift in cash flow warrants a closer look. No auditor is mentioned, which is common for small companies.

Overall, Novasol Chemicals Uk Ltd appears to be navigating a period of change. The increased borrowings and depleted cash reserves suggest it’s investing in growth, but it’s important to monitor its ability to manage its debts and collect payments effectively.

Registered in England/Wales under the registration number 11800770, with a registered address at WC2N 5BY, United Kingdom, London, 8 Northumberland Avenue.

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