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Hydrachem Limited

01135842

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

2 LEMAN STREET, LONDON, E1W 9US
Incorporated 24/09/1973

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Warren Peter Miro

secretary · Since 17/01/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Also on 17 other boards

Mr Warren Peter Miro

director · Since 17/01/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Also on 17 other boards

Mrs Victoria Marion Miro

director · Since 17/01/2003

GALLERY OWNER

BRITISH · UNITED KINGDOM · Age 80

Also on 2 other boards

Mr Nicolas Barbieri

director · Since 01/01/2019

DIRECTOR

FRENCH · FRANCE · Age 56

Mrs Alexandra Miro

director · Since 25/09/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 1 other board

Mr Timothy James Hanslip

director · Since 30/04/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 2 other boards

Mr Scott Collin

director · Since 01/02/2024

OPERATIONS DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Mr Elliot Firth

director · Since 19/12/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Mr Aaron Mwije

director · Since 19/12/2024

DIRECTOR

UGANDAN · UNITED KINGDOM · Age 43

Also on 1 other board

Sophia Lili Soong

director · Since 27/02/2026

BRITISH · UNITED KINGDOM · Age 17

Persons with Significant Control

Hydrachem Group Limited

75–100% shares
75–100% votes
Appoint directors

2, Leman Street, London, E1W 9US

Reg: 10084565 · Companies House · Limited By Shares

Notified 16/09/2016

Charges2 outstanding

Charge
outstanding

COUTTS & COMPANY

Created 05/12/2025Registered 09/12/2025
Charge
outstanding

COUTTS & COMPANY

Created 22/08/2019Registered 23/08/2019
Charge
satisfied

BANK OF SCOTLAND PLC

Created 19/07/2013Registered 24/07/2013Satisfied 29/07/2019
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 01/02/2010Registered 04/02/2010Satisfied 07/05/2020
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 10/05/2004Registered 11/05/2004Satisfied 07/09/2010
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 30/04/2004Registered 06/05/2004Satisfied 16/01/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/03/1989Registered 31/03/1989Satisfied 21/01/2003
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 01/09/1988Registered 05/09/1988Satisfied 18/10/2002
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 17/11/1986Registered 25/11/1986Satisfied 10/07/1989

CompanyRankvs 3690+ SIC 46900 peers
58

Financial strength98th percentile among SIC peers · 25/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Employees7/15 pts

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

Liquidity16/20 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

Outstanding charges: -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

Key FinancialsYear ending 31/10/2024

Net Worth

£4.5M

Balance sheet strength

Cash

£568k

Cash in the bank

Profit Before Tax

£1.8M

Bottom line earnings

Net Current Assets

£2.2M

Working capital

Current Assets

£6.1M

Current Liabilities

£3.9M

Fixed Assets

£3.7M

Debtors

£8k

Cost of Sales

£7.0M

Admin Expenses

£7.0M

Profit After Tax

£1.4M

1avg. employees

Tax at Year End

Corp tax£329k

People Costs

Wages & salaries£3.9M

Balance Sheet

Intangible assets£55k
Assets less current liabilities£5.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.56+£0
20241.56+£1.4M
20231.31+£290k
20221.40-£261k
20211.74+£336k
20201.34+£895k
201914.61+£412k
20181.20

Derived from filed accounts. Not audited figures.