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Kromachem Limited

01662012

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 10, TOLPITS LANE, WD18 9ER
Incorporated 06/09/1982

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/09/2025

Due 10/10/2026

On track

Industry

20301
Manufacture of paints, varnishes and similar coatings, mastics and sealants

Officers

Mr Ewald Josef Kensbock

director · Since 30/09/1991

INDUSTRIAL CHEMIST

GERMAN · ENGLAND · Age 87

Also on 1 other board

Uwe Kensbock

director · Since 01/05/1996

MANAGING DIRECTOR

GERMAN · UNITED KINGDOM · Age 55

Also on 2 other boards

Persons with Significant Control

Kromachem Holdings Ltd

75–100% shares

Unit 10, Moor Park Industrial Centre, Tolpits Lane, Watford, WD18 9ER

Reg: 02448159 · Companies House,Cardiff · Limited Company

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 24/03/2004Registered 27/03/2004
charge
outstanding

HSBC BANK PLC

Created 24/03/2004Registered 27/03/2004
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 20/07/2001Registered 26/07/2001Satisfied 25/05/2004
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 20/07/2001Registered 26/07/2001Satisfied 25/05/2004
charge
satisfied

GMAC COMMERCIAL CREDIT DEVELOPMENT LIMITED

Created 22/05/2000Registered 27/05/2000Satisfied 01/06/2009
charge
satisfied

BARCLAYS BANK PLC

Created 06/11/1998Registered 17/11/1998Satisfied 25/05/2004
charge
satisfied

3I GROUP PLC

Created 02/02/1996Registered 08/02/1996Satisfied 19/06/2001
charge
satisfied

BARCLAYS BANK PLC

Created 25/01/1990Registered 13/02/1990Satisfied 19/06/2001
charge
satisfied

BARCLAYS BANK PLC

Created 25/01/1990Registered 07/02/1990Satisfied 25/05/2004
charge
satisfied

S. A. FLORIDIENNE N.V.

Created 25/01/1990Registered 31/01/1990Satisfied 15/12/1997
charge
satisfied

3I PLC

Created 25/01/1990Registered 30/01/1990Satisfied 20/03/2002
charge
satisfied

MIDLAND BANK PLC

Created 30/04/1985Registered 07/05/1985Satisfied 21/02/1991
charge
satisfied

BARCLAYS BANK PLC

Created 05/01/1984Registered 11/01/1984

CompanyRankvs 15+ SIC 20301 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.62× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Adshead Ratcliffe & Company,Limited
90
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3Hmg Paints Limited
90
4Belzona Limited
90
5Rustins Limited
89
6Kromachem Limited
89
7Dacrylate Paints Limited
89
8Intumescent Systems Limited
89
9Polyseam Limited
89
10Teal & Mackrill Limited
88
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.

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£12.0M

Balance sheet strength

Cash

£8.8M

Cash in the bank

Net Current Assets

£11.4M

Working capital

Current Assets

£13.8M

Current Liabilities

£2.5M

Fixed Assets

£853k

Debtors

£1.7M

28avg. employees+2

Tax at Year End

Corp tax£178k

Balance Sheet

Assets less current liabilities£12.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20245.62+£1.5M
20236.92—

Derived from filed accounts. Not audited figures.