Chadwick Materials Handling Limited

Chadwick Materials Handling Ltd from Corsham UK: a small, holding company with an active status, was founded 26 years ago. It employs nine people and holds £866,393 in assets, operating from a real address and overseen by five directors and three owners—a family business. The company regularly imports machinery, boilers, and mechanical appliances; parts (24 months imported), with its last import operation made on August 01, 2024. It’s a holding company operating in the manufacture of lifting and handling equipment industries.

The company’s website, chadwickmaterials.co.uk, doesn't offer much insight into its operations beyond its core business—the supply of forklifts and materials handling equipment. There's no e-commerce functionality; instead, it functions as an informational site showcasing product ranges, service offerings, and contact details. It seems to be primarily a B2B operation, focusing on sales and service rather than direct consumer sales.

Financially, Chadwick Materials Handling Ltd’s recent performance presents a mixed picture. Current assets decreased by 15% to £870,000, while net assets fell 8% to £1,000,000. Bank borrowings decreased by 51%, reaching £1,400, and cash reserves dropped 30% to £470,000. Trade debtors increased by 20%, suggesting potential delays in customer payments. Despite these fluctuations, the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. With no auditor mentioned, the unaudited figures rely on director-reported data.

The company’s equity dropped by 92%, which is a significant change. It could be due to a one-off payment or investment, or perhaps a re-evaluation of assets. The decrease in cash reserves, while concerning, might be a result of increased investment in inventory or expansion efforts. The increase in trade debtors, however, warrants attention, as it could indicate difficulties in collecting payments from customers. Overall, Chadwick Materials Handling Ltd seems to be navigating a period of change, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 03671427, with a registered address at SN13 9XZ, Corsham, Wiltshire, 18 Edinburgh Way, Leafield Industrial Estate.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.