Minchem Limited
03377633
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 22/06/2000
CHEMIST
BRITISH · UNITED KINGDOM · Age 77
Also on 1 other board
director · Since 19/10/2021
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 42
director · Since 21/02/2024
NON-EXECUTIVE DIRECTOR
BRITISH · WALES · Age 58
Also on 1 other board
director · Since 28/02/2024
NON-EXECUTIVE DIRECTORS
BRITISH · UNITED KINGDOM · Age 44
Also on 1 other board
Persons with Significant Control
Former PSCs
Charles Andrew Skidmore
Ceased 25/11/2025
Mr Charles Andrew Skidmore
Ceased 25/11/2025
Mr Trevor John Slater
Ceased 25/05/2023
Charges4 outstanding
NATIONAL WESTMINSTER BANK PLC
PHILIP GRANT PELLING AND MARIE CLARE PELLING
NATIONAL WESTMINSTER BANK PLC
PHILIP GRANT PELLING AND MARIE CLARE PELLING
CompanyRankvs 26+ SIC 46190 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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 concern are d
Key FinancialsYear ending 31/08/2025
Net Worth
£8.9M
Balance sheet strength
Cash
£3.5M
Cash in the bank
Net Current Assets
£7.4M
Working capital
Current Assets
£10.4M
Current Liabilities
£3.0M
Fixed Assets
£1.5M
Debtors
£3.5M
Profit After Tax
£957k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.48 | +£600k |
| 2024 | 3.64 | +£466k |
| 2023 | 5.01 | — |
Derived from filed accounts. Not audited figures.