Chc Supplies Ltd

Chc Supplies Ltd from Newport UK is a small, active company founded eight years ago. With two employees and £472,541 in assets, it operates from a virtual address, managed by a single director and owner, who is also the solo founder. The company focuses on retail sales via mail order and internet, catering to office supply needs.

The company’s website, chcsupplies.co.uk, showcases a range of office essentials, emphasizing quick delivery and customer service. It operates from Bradbury House, Mission Court, but this address is likely virtual, as 472 companies are registered there. The website also lists a physical address in Newport, South Wales, and a phone number.

Financially, Chc Supplies Ltd presents a mixed picture. Current assets have decreased by 25% to £470,000, while net assets have increased by a whopping 480% to £5,700. Bank borrowings have dramatically decreased by 98%, falling to just £5,700, and cash reserves have fallen 70% to £87,000. Trade debtors have increased significantly by 66%, suggesting a possible need to manage cash flow. Despite these changes, the company’s small size—meeting two of three criteria for a small company—allows it to remain agile. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The company’s equity has increased significantly, which is a positive sign, but the decrease in cash reserves is something to watch. The increase in trade debtors could indicate a reliance on customer payments, and the company should be mindful of managing its working capital. Overall, Chc Supplies Ltd appears to be navigating a period of change, but its small size and solo leadership may present both challenges and opportunities.

Registered in England/Wales under the registration number 10181031, with a registered address at NP20 2DW, United Kingdom, Newport, Gwent, Bradbury House, Mission Court.

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