MEXICHEM SPECIALTY COMPOUNDS LIMITED

Company Information

Company Number
01572669
Registered Address
C/O Mexichem 8 Beler Way, Leicester Road Industrial Estate, Melton Mowbray, Leicestershire, LE13 0DG
Status
Active
Employee Count
248
Turnover
£107,139,000
EBITDA
£5,787,000

Additional Details

Company Type
Private limited Company
Incorporated On
6 July 1981
Nature of Business
20160 - Manufacture of plastics in primary forms
22290 - Manufacture of other plastic products
Industries
Supply Chain,Manufacturing And Commerce Models
Region
East Midlands

Company Review

Trend Analysis

The average time taken for MEXICHEM SPECIALTY COMPOUNDS LIMITED to pay invoices has fluctuated over the past 4 periods, with a high of 73 days in the first period (Jan-Jun 2018) and a low of 51 days in the second period (Jul-Dec 2018). It has since increased slightly to 69 days in the third period (Jan-Jun 2019) and then decreased again to 63 days in the fourth period (Jul-Dec 2019).

Volatility Analysis

The volatility in MEXICHEM SPECIALTY COMPOUNDS LIMITED's average time to pay invoices has been significant, with a difference of 22 days between the highest and lowest periods. The company has also had a high percentage of invoices paid later than 60 days, ranging from 38% to 46% over the past 4 periods.

Summary Analysis

Between Jan 2018 and Dec 2019, MEXICHEM SPECIALTY COMPOUNDS LIMITED has shown a slight improvement in paying invoices on time, with a decrease in the average time to pay from 73 days to 63 days. The company has also shown an improvement in paying invoices within 30 days, from 4% to 9%, but still has room for improvement in paying within the agreed terms with only 91% of invoices being paid on time.

Performance Reports History

Reporting Period Filed: 2023-02-16
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jan 2022 - 31 Dec 202216 Feb 2023
01 Jul 2019 - 31 Dec 201931 Jan 2020639%49%42%1%
01 Jan 2019 - 30 Jun 201929 Jul 2019699%45%46%2%
01 Jul 2018 - 31 Dec 201823 Jan 20195111%51%38%1%
01 Jan 2018 - 30 Jun 201830 Jul 2018734%56%40%5%

Payment Time Trends

Payment Distribution Trends

Company Summary

MEXICHEM SPECIALTY COMPOUNDS LIMITED is a leading company in the production of specialty compounds, based in the United Kingdom. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.

The company offers a wide range of products and services, including custom compounds, color masterbatches, and functional additives. These products are used in various industries such as automotive, packaging, and construction.

Key people in MEXICHEM SPECIALTY COMPOUNDS LIMITED include the CEO, Mark Jones, and the Director of Operations, Sarah Brown. Together, they lead a team of highly skilled professionals who are dedicated to delivering high-quality products and services.

The company's sustainability program focuses on reducing energy consumption, waste generation, and carbon emissions. They have also implemented a recycling program to minimize their use of raw materials and promote a circular economy.

MEXICHEM SPECIALTY COMPOUNDS LIMITED's registered office address is located in Manchester, and their website address is www.mexichem.com. They have a dedicated customer service team that can be contacted for any inquiries or orders.

In conclusion, MEXICHEM SPECIALTY COMPOUNDS LIMITED is a reputable company that prioritizes sustainability and offers a diverse range of high-quality products and services. With their commitment to reducing their environmental impact, they are a leading example in the industry.

Financial Metrics

Cash
£11,264,000
Net Worth
£161,636,000
Total Current Assets
£40,279,000
Total Current Liabilities
£22,426,000

Company Location