Chela Ltd

Chela Ltd from Enfield UK: a small, active company established 32 years ago, boasts a real address and is managed by six directors and one owner. With four employees and £649,727 in assets, this firm regularly imports machinery, boilers, and mechanical appliances (parts for six months) and exports soaps, cleaning products, and waxes (for twelve months). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company operates in the manufacture of soap and detergents industries. Its website, while not actively showcased, suggests a focus on these core products. Chela Ltd is a regular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 6 months of imports. The last import operation was conducted on September 01, 2024. The company is a regular exporter, with its top export categories including Soaps, cleaning products, and waxes, totaling 12 of months exports. The last export operation took place on February 01, 2025.

Financially, Chela Ltd shows a mixed picture. Current assets have fallen by 11%, dropping to £650,000. Net assets have also decreased significantly, plummeting 16% to £360,000. Bank borrowings have increased by 2.5%, reaching £110,000, while cash reserves have decreased by 14%, sitting at £220,000. Creditors have slightly decreased by 1%, to £98,000. The company's small size helps it stay agile, but the equity drop raises questions. There’s no auditor mentioned, likely due to the company’s exemption as a small entity.

The decrease in average number of employees, from 4 to 3, is noticeable and could indicate restructuring or reduced workload. The substantial increase in corporation tax payable, up 28% to £69,000, may be due to increased profitability or changes in tax regulations. Overall, Chela Ltd appears to be navigating a period of change, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 02768529, with a registered address at EN3 7NH, Enfield, Middlesex, 68 Bilton Way.

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