Chan Brothers Limited
- Small
- Active
- 33 years
- 21 employees
- £3,129,456 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Chan Brothers Limited, based in Beckton, London, is a small, active family business established 33 years ago in 1991. Employing 21 people and holding assets valued at £3,129,456, the company operates from a real address within the Gemini Business Park. It's led by two directors and owned by two individuals, with a history of Alterwatch Limited. The company regularly imports fish and seafood, including shellfish and other water creatures, with 106 months of import activity recorded, the latest in March 2025.
Chan Brothers Limited functions as a travel agency, offering tours, cruises, flights, and hotel bookings through its website. The site is designed to inspire travel, with sections dedicated to destinations, travel styles, and promotions. It’s clearly geared towards a consumer audience, with a focus on showcasing destinations and offering a user-friendly booking experience. The website’s design suggests a focus on attracting customers through visual appeal and easy navigation.
Financially, Chan Brothers Limited shows some concerning trends. Bank borrowings have significantly decreased by 78%, falling to £320,000, while cash and bank on hand increased by 18% to £62,000. However, current assets have fallen by 24% to £3,100,000, and net assets have increased by 4.6% to £7,100,000. Consumables have decreased by 77% to £120,000, and raw materials have fallen by 35% to £1,600,000. The decrease in bank borrowings and cash reserves, while positive in some respects, could indicate a reliance on creditors to maintain operations. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the changes in asset values warrant closer scrutiny. The accounts are audited by THP Limited, offering a degree of assurance regarding their accuracy.
In conclusion, Chan Brothers Limited appears to be navigating a period of change. While the travel industry faces ongoing challenges, the company’s established presence and family ownership provide a solid foundation. The financial trends suggest a need for careful management of assets and liabilities to ensure long-term sustainability.
Registered in England/Wales under the registration number 02633459, with a registered address at E6 7FF, Beckton, London, Unit 2, Block B Gemini Business Park, Hornet Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 6 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 6 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
- 2
-
Resident of United Kingdom
-
Individual
- N/A
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
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Accounts for a small company made up to 2024-03-31Download 12 pages pdf report
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Confirmation statement made on 2024-10-17 with no updatesDownload 3 pages pdf report
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Accounts for a small company made up to 2023-03-31Download 11 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Chan Brothers Limited
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