Chartwell Controls Limited

Chartwell Controls Ltd from Chelmsford UK is a large company, operating as a holding company with an active status. Founded fifteen years ago in 2009, the company employs seventy-three people and holds assets worth £9,023,299. Yearly revenue sits at £20,209,485. The registered address is a virtual one, with 443 companies registered at the same location, suggesting a shared service arrangement. There are three directors and one owner, with the director list having changed recently, which is a good sign. The company irregularly imports optical and medical tools and devices (one month imported) but regularly exports electrical machinery and equipment (twelve months exported).

Chartwell Controls Limited specializes in complete BMS (Building Management System) control solutions, offering design, build, maintain, develop, and optimise services for buildings. Their website highlights a focus on energy efficiency and smart technologies, catering to new builds, refurbishments, and upgrades. They even recently merged with Albireo Energy to expand their reach and offer a full suite of services. They partner with Lutron for lighting control and exhibit at industry events like the Smart Buildings Show.

Financially, Chartwell Controls Ltd shows some interesting trends. While turnover increased significantly, jumping 99% to £20,209,485, net assets decreased by 48%, settling at £2,900,000. Bank borrowings increased dramatically by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company meets the criteria to be considered a large company, having met two of three conditions: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. The lack of a mentioned auditor suggests that the company is exempt from an audit.

The surge in bank borrowings and decline in cash reserves could indicate increased investment in growth or perhaps a period of tighter cash flow. The decrease in creditors suggests that the company is managing its short-term liabilities effectively. It’s worth noting that the company’s virtual address raises questions about its physical presence and operational structure.

Registered in England/Wales under the registration number 06895100, with a registered address at CM1 1GU, England, Chelmsford, Essex, Swift House, Ground Floor, 18 Hoffmanns Way.

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