The Friendly Chemical Co Limited

The Friendly Chemical Co. Ltd, based in Keighley, UK, is a small, active company founded seven years ago in 2017. Employing 26 people and holding assets of £1,544,751, it operates from a real address within a business park. With two directors and two owners at the helm, the company has a mixed trading pattern: importing plastics and plastic products irregularly (for two months, last in February 2025) and exporting soaps, cleaning products, and waxes regularly (for twenty-one months, also last in February 2025).

The company’s website positions it as a leading manufacturer and supplier of branded and private label products for the domestic household and personal care markets. It offers contract manufacturing services, chemical filling, and a private label service, catering to both established brands and those seeking custom formulations. The site also highlights a commitment to sustainability and showcases its expertise in closed-loop manufacturing. The company’s dual focus on both branded products and contract manufacturing suggests a diversified business model, targeting both consumers and other businesses.

Financially, The Friendly Chemical Co. Ltd’s recent performance presents a complex picture. While current assets have increased by a substantial 120% to £1,500,000, net assets have decreased by a significant 39% to £260,000. Bank borrowings have decreased by 83% to £8,400, and cash reserves have fallen by 3.7% to £90,000. Trade creditors have increased dramatically by 260% to £1,500,000, which could indicate expanding operations or delayed payments from customers. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, which is likely due to the company’s small size and exemption from an audit.

The sharp decrease in equity, despite increased assets, raises questions about profitability and cash flow. The company’s success will depend on its ability to manage its trade creditors and maintain a healthy cash position, while continuing to leverage its manufacturing expertise and diverse product offerings.

Registered in England/Wales under the registration number 10961601, with a registered address at BD20 0EF, England, Silsden, West Yorkshire, Unit 12 Ryefield Way.

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