Chelsom Limited

Chelsom Ltd from Blackpool UK: a large company, holding company, active status, founded 66 years ago, employing 62 people, and holding £5,223,456 in assets, operates from a real address, and is overseen by eight directors and one owner. It boasts a 3.0 Google rating from seven reviews. The company regularly imports furniture, lighting, and prefabricated buildings (407 months imported), and exports none (342 months exported).

Chelsom Limited’s website showcases a diverse range of activities. The homepage highlights "Our Story," product offerings, bespoke projects, a "Marketplace by Chelsom," news and press releases, contact information, an enquiry form, a catalogue request, an environmental policy, and a link to its website. This suggests a multifaceted business model, with both direct sales and potential wholesale or distribution channels. The presence of a “Marketplace” indicates a move towards a more e-commerce-driven approach, alongside traditional sales methods.

Financially, Chelsom Ltd presents a mixed picture. While current assets remained stable at £5,200,000, bank borrowings increased by 20% to £120,000. Cash reserves decreased by 18% to £200,000. Perhaps most concerning is the decrease in accrued liabilities and deferred income, which fell by 61% to £300,000. This could indicate tighter payment terms or reduced outstanding invoices. Director remuneration benefits decreased by 11% to £500,000, which could be a cost-cutting measure. The company's large size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and over 250 employees) means it isn’t subject to the same level of scrutiny as smaller companies, and the financial statements are unaudited.

Overall, Chelsom Ltd appears to be a stable, established business, but the decrease in accrued liabilities and deferred income warrants further investigation. The company’s diverse activities and focus on bespoke projects suggest a commitment to high-quality products and services, but the financial data indicates that it is facing some challenges.

Registered in England/Wales under the registration number 00626933, with a registered address at FY4 4QA, Blackpool, Heritage House, Clifton Road.

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