Wychem Limited

Wychem Limited, a small company based in Bury St Edmunds, UK, has been operating for 55 years, holding a solid active status. With 29 employees and a reported £7.1 million in assets, the company generated £7.7 million in revenue last year. It functions as a holding company, and while it has four directors and one owner, its registered address is a virtual one, shared by 23 other companies. Wychem is a regular importer and exporter of organic chemicals, with 95 months of import activity and 445 months of export activity recorded.

The company's website showcases a broad portfolio of high-quality reagents, catering to industries like life sciences and pulp & paper. It emphasizes custom chemical synthesis and offers a range of services, including large-scale production, safe handling of reactive materials, and global logistics. The website also highlights a commitment to research and development, and offers a careers page.

Financially, Wychem Limited shows some interesting trends. While cash bank on hand decreased by 57% to £410,000, current assets increased by 33% to £7.1 million. Debtors have surged by 64%, reaching £2.4 million, which could indicate increased sales but also potential payment delays. On the other hand, creditors have risen by 66%, reaching £1.2 million, suggesting increased borrowing. The company's net assets grew by 34% to £11 million. A significant drop in amortisation expense for intangible assets was noted.

The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debt warrants attention. The company’s auditor, Knights Lowe Limited, has provided an opinion on the financial statements. Overall, Wychem Limited appears to be a stable, long-standing business, but the financial data suggests a period of growth and increased risk.

Registered in England/Wales under the registration number 00956213, with a registered address at IP32 7AR, Bury St Edmunds, Suffolk, Eldo House Kempson Way, Suffolk Business Park.

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