Chatlogic Ltd

Chatlogic Ltd is a small, active company based in Farnham, UK, founded 14 years ago in March 2011. The company, with two directors and a single owner (Woodington Simon Andrew), holds £47,949 in assets and operates from a real address. It's a solo-founded venture, and the business operates in the retail sale via mail order houses or via internet industries.

The company’s website is currently unavailable, so it’s difficult to determine the exact nature of its online presence. However, its description suggests a focus on e-commerce, likely selling goods directly to consumers through an online store.

Financially, Chatlogic Ltd shows a mixed picture. While current assets decreased by 24% to £48,000, net assets increased by 90% to £32,000. Cash bank on hand dropped significantly by 25% to £44,000. Creditors decreased by a large 62%, which is a positive sign. However, other taxation and social security payable increased by 110% to £16,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from an audit, so the figures are unaudited.

The company’s equity increased significantly, which could be due to retained earnings or other factors. The decrease in cash reserves, however, suggests that the company might be burning through money, although it’s difficult to say for sure without more information. The increase in other taxation and social security payable could also be a cause for concern. Overall, Chatlogic Ltd appears to be a small company facing some financial pressures, but it’s too early to say whether these are long-term issues.

Registered in England/Wales under the registration number 07566389, with a registered address at GU10 3PD, England, Farnham, 26 Stream Farm Close, Lower Bourne.

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