Performance Chemicals Limited

Performance Chemicals Ltd from Belvedere UK is a small, family-run business with an active status, established 68 years ago in 1956. Employing 21 people, the company holds £4,112,605 in assets and operates from a real address. With four directors and three owners, it’s a well-established entity. The company regularly imports miscellaneous chemical products (9 months) and exports them (54 months), demonstrating a strong international presence.

The company’s website showcases a focus on rust prevention and alloy wheel refurbishment. It's a trusted manufacturer and supplier, offering products like Vactan, a rust converter, and a range of alloy wheel stripping solutions. The site highlights innovation, customer focus, and global reach, with a particular emphasis on its UK production and family-run heritage. It even ships internationally.

Financially, Performance Chemicals Ltd shows some interesting trends. Cash bank on hand increased by a substantial 45% to £2.9 million, which is good news. However, net assets also increased by 15% to £3.1 million. Creditors rose by 22% to £1.7 million, and corporation tax payable increased by 69% to £62,000. Employee numbers decreased by 14% to 18, which could be a result of streamlining operations. Despite these changes, the company remains small, meeting two of the three criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

The company's growth in assets and cash suggests a healthy business, but the increase in creditors and tax payable warrants further investigation. It’s possible the company is investing in growth, but it’s important to monitor these trends closely.

Registered in England/Wales under the registration number 00568338, with a registered address at DA17 6BS, United Kingdom, Belvedere, Kent, Unit 10 Fishers Way.

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