Orthene Chemicals Limited

Orthene Chemicals Limited, based in Harrow, UK, is a well-established manufacturer of brake fluids, operating for 49 years. This large company, a holding company with an active status, employs 66 people and holds assets totaling £12,369,265. The business, with four directors and one owner, maintains a real address and boasts a perfect 5.0 Google rating from 21 reviews. Orthene Chemicals is a regular importer of plastics and plastic products (87 months) and a regular exporter of miscellaneous chemical products (72 months).

The company’s website highlights its specialization in brake fluid manufacturing, catering to diverse sectors including automotive, motorsport, military, motorcycles, and even bicycles. Orthene offers bespoke solutions, from product design to packaging, and emphasizes quality control throughout the manufacturing process. They even have a European office in Rotterdam, Netherlands.

Financially, Orthene Chemicals shows a mixed picture. While assets increased by 17% to £12 million, net assets dropped by 11% to £7.6 million. Bank borrowings increased significantly by 41%, reaching £850,000, while cash reserves grew by 99% to £960,000. Creditors also increased by 14%, reaching £5.5 million. The company’s turnover, estimated to be over £36 million, and balance sheet total exceeding £18 million, confirms its status as a large company. The company’s accounts were audited by Moore NHC Audit Limited.

The increase in bank borrowings and creditors, despite the growth in cash reserves, suggests Orthene may be investing in expansion or facing increased working capital needs. The company’s long history and strong reputation, combined with its diverse customer base, position it well for continued success, but careful management of its financial obligations will be crucial.

Registered in England/Wales under the registration number 01249728, with a registered address at HA2 8UJ, Harrow, Brember Road, South Harrow Industrial Estate.

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