The Darent Wax Company Limited

The Darent Wax Company Ltd, based in South Darenth, UK, is a well-established player in the speciality wax compound market. Founded 33 years ago in 1991, this holding company employs 76 people and boasts assets of £4,474,272. With a real address and five directors overseeing operations, the company has maintained an active status and a stellar 5.0 Google rating based on two reviews. It’s a regular importer of plastics and plastic products (199 months) and a regular exporter of soaps, cleaning products, and waxes (42 months).

The company’s website, maildarentwax.com, highlights its expertise in developing, manufacturing, and selling these compounds to a wide range of markets, from beauty and engineering to sports and agriculture. They offer over 1,500 products, including custom blends and moulding services, catering to both large and small customers globally. The site emphasizes quality, technical support, and a team of five full-time chemists dedicated to research, development, and quality control.

Financially, The Darent Wax Company Ltd’s recent performance presents a mixed picture. Current assets have decreased by a significant 41%, falling to £4,500,000. Net assets have also declined sharply, dropping 47% to £3,300,000. Bank borrowings have decreased by 32%, settling at £360,000, while cash reserves have increased by a substantial 110%, reaching £760,000. Creditors have decreased by 45%, suggesting improved debt management. The company meets two of three criteria to be classified as a small company, which means it is exempt from an audit.

Despite the decrease in assets, the increase in cash reserves and reduction in creditors could indicate a focus on operational efficiency. The company's long history and diverse product range suggest resilience, but the decline in net assets warrants further scrutiny. The lack of an auditor’s report, while typical for a company of this size, means the financial information relies on unaudited director statements.

Registered in England/Wales under the registration number 02635454, with a registered address at DA4 9BD, United Kingdom, South Darenth, Kent, 1 The Mills, Station Road.

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