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Trust Chem Uk Pigments Ltd

13625406

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

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

Details

WESTWOOD HOUSE, SOUTH CAVE, HU15 2HG
Incorporated 16/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46750
Wholesale of chemical products

Officers

Myukoffice Ltd

secretary · Since 16/09/2021

BRITISH

Also on 204 other boards

Hendrik Loonstra

director · Since 16/09/2021

COMPANY DIRECTOR

DUTCH · NETHERLANDS · Age 57

Persons with Significant Control

Mr Zhi Li

50–75% shares
50–75% votes
Appoint directors

Chinese · China · Age 56

Westwood House, Annie Med Lane, South Cave, HU15 2HG

Notified 16/09/2021

Former PSCs

Trust Chem Europe Bv

Ceased 16/09/2021

Mr Wu Li

Ceased 16/09/2021

CompanyRankvs 1123+ SIC 46750 peers
31

Financial strength15th percentile among SIC peers · 4/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.1× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1123Trust Chem Uk Pigments Ltd
40
How is this score calculated?
Financial strength4/25 pts

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

Employees5/15 pts

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

Liquidity12/20 pts

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

Longevity5/15 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 director with respect to going con

Key FinancialsYear ending 31/12/2024

Turnover

£1.2M

Annual revenue

Net Worth

£1

Balance sheet strength

Cash

£255k

Cash in the bank

Profit Before Tax

£102k

Bottom line earnings

Net Current Assets

£104k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.1M

Debtors

£243k

Cost of Sales

£1.1M

Gross Profit

£124k

Admin Expenses

£21k

Profit After Tax

£77k

0avg. employees-1

Tax at Year End

Corp tax£26k

Balance Sheet

Assets less current liabilities£104k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.10
20231.04
20220.97

Derived from filed accounts. Not audited figures.