Chamberlain And Thelwell Limited

Chamberlain And Thelwell Ltd from Woodford Green UK: a small, active company founded 77 years ago, employs 15 people, and holds £921,537 in assets. It’s a family business with four directors and three owners, operating from a virtual address – a bit unusual as 739 other companies are registered at the same location. The company regularly imports and exports fish and seafood, including shellfish and other water creatures, having imported for 19 months and exported for 7 months.

The company’s primary focus is wholesale of other food, including fish, crustaceans and molluscs. While it doesn’s have a visible website, its activities suggest a B2B operation, supplying restaurants, retailers, or other food businesses. The lack of an online presence could mean they rely on established relationships and direct sales.

Financially, Chamberlain And Thelwell Ltd presents a mixed picture. Current assets have fallen significantly by 53%, dropping to £900,000, while net assets have plummeted a staggering 130%, resulting in a negative balance of -£860,000. Bank borrowings have also increased, though at a less dramatic 26%, reaching £440,000. Creditors have risen by 8.9%, indicating increased short-term liabilities. Despite these challenges, trade debtors have decreased by 54%, suggesting improved collection of payments. The company’s small size – meeting two of three criteria for a small company – allows for flexibility, but the sharp decline in equity is concerning. No auditor is mentioned, which is common for small, exempt companies.

The decrease in assets and the negative equity suggest the company may be facing financial pressures. It’s possible they’re investing heavily in inventory or expanding operations, but the sharp decline warrants close monitoring. The company’s long history and family ownership could provide stability, but the financial trends indicate a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 00440292, with a registered address at IG8 8EY, England, Woodford Green, Essex, The Retreat, 406 Roding Lane South.

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