Chase Research Cryogenics Ltd

Chase Research Cryogenics Ltd, based in Sheffield, UK, is a small, active company established 22 years ago in 2003. With 13 employees and £935,782 in assets, it’s a modest operation overseen by two directors and a single owner. The company has a real address and regularly imports and exports optical and medical tools and devices, with 4 months of import activity and 42 months of export activity recorded.

The company’s website highlights its involvement in the manufacture of specialized machinery, research and development, and design activities. It appears to be a B2B supplier, catering to industries requiring precision equipment and services. While no e-commerce functionality is evident, the site provides contact information and details about its capabilities. It’s a fairly straightforward website, lacking the bells and whistles of a modern e-commerce platform.

Financially, Chase Research Cryogenics Ltd shows a mixed picture. Current assets decreased by 11%, dropping to £940,000, while net assets increased by 9.9%, reaching £870,000. Cash reserves, however, declined by 31%, falling to £280,000. Creditors decreased significantly by 47%, suggesting improved debt management. Trade debtors also fell, dropping by 51%. 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 decrease in cash reserves warrants attention. There's no auditor mentioned, likely due to its status as a small company, so the figures are unaudited.

The company's retained earnings increased, which is good, but the decrease in cash reserves could be a concern. It’s possible the company is investing in growth or facing temporary cash flow challenges. The increase in bank borrowings, however, is something to keep an eye on. Overall, Chase Research Cryogenics Ltd seems to be a stable, if not particularly flush, business.

Registered in England/Wales under the registration number 04643351, with a registered address at S4 7UD, England, Sheffield, Cool Works, 2 Albion Works, Savile Street.

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