Chapman Freeborn Airchartering Limited

Chapman Freeborn Airchartering Ltd from Gatwick UK is a large company, holding company, and active status, founded 52 years ago. With 83 employees and £22,867,984 in assets, the company generated £69,745,178 in yearly revenue. It has a real address, is managed by three directors, and owned by one individual. Google reviews give it a rating of 5.0 based on four reviews. The company irregularly imports and exports electrical machinery and equipment, with recent activity in October 2024 for imports and October 2022 for exports.

The company operates in the non-scheduled passenger air transport and freight air transport industries. Chapman Freeborn is a well-established player in the air charter market, facilitating bespoke travel solutions for a range of clients. Its website, while not providing extensive details, highlights its expertise in arranging private aircraft charters worldwide. The company seems to focus on providing tailored solutions rather than direct e-commerce sales.

Financially, Chapman Freeborn’s recent performance shows a mixed picture. While turnover remained relatively stable, net assets decreased significantly, dropping 74% to £15 million. Cash reserves also took a hit, falling 61% to £1.1 million. Bank borrowings increased substantially, rising 380% to £1.9 million. On a positive note, creditors decreased slightly, suggesting improved debt management. The company's size—meeting two of three criteria for a large company—indicates a significant operation, but the decline in equity raises concerns. The company was audited by Haslers, and the report was signed on March 18, 2024.

The increase in bank borrowings and the decrease in cash reserves suggest the company may be burning through money, perhaps investing in growth or facing increased operating costs. The decrease in net assets could be due to a variety of factors, including depreciation of assets or changes in accounting policies. Despite these challenges, the company's strong Google rating and established presence in the air charter market suggest a resilient business, although its long-term financial health warrants close monitoring.

Registered in England/Wales under the registration number 01053714, with a registered address at RH6 0PA, Gatwick, West Sussex, 3 City Place, Beehive Ring Road.

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