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Basildon Chemical Co. Limited

01016104

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

7 KIMBER ROAD, ABINGDON, OX14 1RZ
Incorporated 29/06/1971

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 04/02/2026

Due 18/02/2027

On track

Industry

20590
Manufacture of other chemical products

Officers

Abogado Nominees Limited

corporate secretary · Since 19/02/2021

Peter Carsten Bering

director · Since 14/02/2022

German

David Neil Degville

director · Since 01/10/2021

British

Matthew Price

director · Since 15/06/2022

British

Former

Celia Patricia Bryon

secretary · Resigned 28/04/2011

Celia Patricia Bryon

director · Resigned 28/04/2011

Kelvin John Arthur Bryon

director · Resigned 28/04/2011

Mong Ik Chung

director · Resigned 07/01/2020

David Alan Geden

director · Resigned 31/01/2022

Hyung Uk Kim

director · Resigned 30/09/2021

Taehoon Kim

director · Resigned 30/09/2013

Ian Arthur Watling

director · Resigned 26/11/2020

CompanyRankvs 105+ SIC 20590 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 11.8× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£24.5M

Annual revenue

Net Worth

£18.9M

Balance sheet strength

Cash

£2.3M

Cash in the bank

Profit Before Tax

£2.7M

Bottom line earnings

Net Current Assets

£14.3M

Working capital

Current Assets

£15.6M

Current Liabilities

£1.3M

Fixed Assets

£5.1M

Debtors

£13.1M

Cost of Sales

£19.6M

Gross Profit

£4.8M

Admin Expenses

£1.9M

Operating Profit

£2.2M

Profit After Tax

£2.0M

58avg. employees+3

Tax at Year End

Corp tax£495k
Dividends paid£4.0M

People Costs

Wages & salaries£2.9M
NI contributions£259k

Balance Sheet

Assets less current liabilities£19.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202411.80-£1.9M
202319.02

Derived from filed accounts. Not audited figures.