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Industrial Chemicals Group Limited·01248371

Negative working capital plus 1 more cautionary signal — extracted from the latest filed accounts.

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Industrial Chemicals Group Limited

INDUSTRIAL CHEMICALS GROUP LIMITED·Company no. 01248371·United Kingdom

Active on the registerInc. 1976 · 50 yrs oldPrivate Limited CompanySIC 20590·Chemicals and chemical products manufacturing

The Firmwatch take

Industrial Chemicals Group Limited (01248371) currently shows: Watch signal detected, based on accounts to 31 December 2024; last refreshed 24 May 2026. Negative working capital plus 1 more cautionary signal — extracted from the latest filed accounts.

Companies House source·Accounts to 31 Dec 2024·Refreshed 24 May 2026·Methodology and caveats

Firmwatch signals are generated from public filings and are not credit ratings or financial advice.

Incorporated

10 March 1976

50 years on the register

Sector

Chemicals and chemical products manufacturing

SIC 20590 · matched to division

Size

Not classified

 

Net assets

£77m

Top 10% in sector

Cash at bank

Not disclosed

Not required for this filing type

Latest filing

None yet

 

Insolvency risk

Elevated insolvency risk

The latest public accounts show financial pressure that should be reviewed before relying on the company as a customer, supplier or counterparty.

  • Negative working capital

    Short-term liabilities are higher than short-term assets in the public balance sheet.

  • Weak current ratio

    Current assets are less than 75% of current liabilities.

Sector benchmark · Chemicals and Plastics Manufacturing

How this company compares in 6,187 filers in this sector

Top 10% in sector Industrial Chemicals Group Limited shows £77m in net assets. Sector median is £6k.

£0Median £6k£84m

Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.

Money

What the balance sheet says

See the full balance sheet
WatchPeriod to 31 Dec 2024

Net assets

£77m

Top 10% in sector · sector median £6k · 6,187 filers in this sector

Cash

Not disclosed

Working cap.

−£41m

Median £18k

Current ratio

0.1×

Median 1.5×

Signals · 3

  • Positive net assets

    The latest filed accounts show assets exceeding liabilities.

  • Negative working capital

    Current liabilities exceed current assets in the extracted accounts.

  • Current ratio below 1.0

    Current assets are lower than current liabilities in the extracted accounts.

Address pattern · CM13 3BE

680 other UK companies registered at this postcode.

Active

35

Dissolved

5

Strike-off action

3

Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.

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© Firmwatch · Data sourced from Companies House under the Open Government Licence v3.0Last refresh · 24 May 2026