Charnwood Supplies Ltd

Charnwood Supplies Ltd from Loughborough UK: a small company with an active status, was founded 21 years ago. It employs just two people and holds £654,884 in assets, operating from a virtual address shared by many other businesses. The company is run by three directors, with Toone Robert Charles as the sole owner and solo founder, and it runs an e-commerce site with a stellar 5.0 Google rating based on 24 reviews. They are an irregular importer of paper and paperboard products, with just one month of imports recorded.

The company's website, salescharnwoodsupplies.co.uk, is a dedicated online retailer specializing in welding tools, equipment, and personal protective equipment. It caters to farming, engineering, and equestrian needs, offering a wide range of products from welding wires and torches to safety boots and gloves. The site emphasizes 40 years of experience, handson expertise, and fast delivery, with a "Shop Now" call to action. It also features a blog with helpful articles on topics like choosing the right welding machine and safety tips.

Financially, Charnwood Supplies Ltd shows a mixed picture. Current assets declined by 4%, settling at £650,000, while net assets also fell slightly. Bank borrowings decreased by 42%, to £32,000, and cash reserves increased by 39%, reaching £41,000. Creditors decreased by 15%, to £250,000, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the slight decrease in assets is something to keep an eye on. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s reliance on a virtual address, while common for small businesses, could raise questions about its physical presence. Overall, Charnwood Supplies Ltd appears to be a stable, well-regarded online retailer, but it’s important to monitor its financial trends closely.

Registered in England/Wales under the registration number 05078211, with a registered address at LE12 7TZ, England, Loughborough, Leicestershire, C/O Charnwood Accountants The Point, Granite Way, Mountsorrel.

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