Chelmsford Militaria Limited

Chelmsford Militaria Ltd from Chelmsford UK: a small company with an active status, was founded 14 years ago. It employs just two people and holds £555,393 in assets. The company operates from a virtual address, registered with 48 other companies, and is run by two directors and two owners, making it a family business. It runs an e-commerce site and is an irregular importer, mainly dealing with clothing and accessories that aren't knitted or crocheted, with just one month of imports recorded as of May 2019.

The company’s website highlights its focus on deactivated firearms and collectibles, aiming to offer a “vast array” of items with a story to tell. It invites customers to visit its store, which boasts over 1,500 items available for immediate dispatch, or to contact them for assistance. The site also showcases upcoming fairs and provides a platform for customers to explore a range of deactivated weaponry, magazines, inert ammunition, and accessories.

Financially, Chelmsford Militaria Ltd presents a mixed picture. Current assets have increased by 15%, reaching £560,000, while net assets have grown by 8.2%, settling at £510,000. Bank borrowings have decreased by 17%, reaching £26,000, and cash reserves have remained stable at £100,000. Trade debtors have increased by 9.6%, reaching £110,000, and creditors have increased by 14%, settling at £210,000. The company’s small size—meeting two of three conditions for being a small company—helps it remain agile. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

The company’s growth in assets and net assets is encouraging, but the increase in trade debtors suggests potential challenges in collecting payments. It's possible that the company is expanding its credit terms to attract more customers, or it could be facing delays in receiving payments. The lack of employees (two reported) indicates a lean operation, but the company’s financial health will depend on its ability to manage its debtors and maintain its asset base.

Registered in England/Wales under the registration number 07445690, with a registered address at CM1 1GU, United Kingdom, 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.