Rock Chemicals Limited

Rock Chemicals Ltd, based in Cheshire, UK, is a well-established company with a 60-year history. This large company, with 66 employees, boasts significant assets of £7,941,434 and annual revenue of £25,870,216. It operates an e-commerce site and regularly imports plastics and plastic products (19 months) while exporting mineral fuels, oils, and related products (135 months). The company has four directors, but no owners are listed, which is a bit unusual. It has a real address and a Google rating of 4.0 based on 21 reviews.

Rock Chemicals Ltd is a sizable operation, meeting two of three conditions to be considered large: turnover exceeding £36 million and balance sheet total over £18 million, as well as having more than 250 employees. The company’s average number of employees has decreased slightly, from 66 to 61, over the past year. Current assets have also seen a decline, falling by 4.8% to £7.9 million. However, revenue has increased by a healthy 6.7% to £25.8 million.

Interestingly, the company’s equity has taken a hit, decreasing by 14% to £4.1 million. Bank borrowings have surged dramatically, increasing by 2,400% to £29,000, and cash reserves have fallen by 30% to £28,000. Creditors, however, have decreased by 18%, which could indicate improved debt management. The lack of an auditor mentioned suggests the company is exempt from an audit.

These figures suggest a period of transition for Rock Chemicals Ltd. While revenue is up, the significant increase in borrowings and decrease in cash reserves could be a cause for concern. It’s possible the company is investing heavily in expansion, but careful monitoring of its financial health will be important going forward.

Registered in England/Wales under the registration number 00835494, with a registered address at WA5 1ST, Cheshire, 90 Priestley Street, Warrington.

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