Chess P H Limited

Chess Ph Ltd, based in Droitwich, UK, is a holding company with an active status, established nine years ago. Employing 69 people, the company holds £20,970 in assets and operates from a real address. With two directors and two owners, it’s a family-run business navigating the import and export of machinery, boilers, and mechanical appliances, parts. They’re regular importers, with the last import operation occurring in November 2024, and exporters, with the last export operation made in September 2024.

The company's activities are closely linked to Chess Plastics Ltd, a plastic injection moulding company. Chess Plastics operates from a 52,000 square foot facility and offers services including rapid prototyping, CAD designing, tooling, finishing, and assembly. Their website highlights a commitment to quality, sustainability, and British craftsmanship, boasting a 50-year history and even a presence in Harrods. They’re clearly focused on high-end piano restoration alongside their core plastic moulding business.

Financially, Chess Ph Ltd presents a mixed picture. While bank borrowings increased by 2%, cash reserves fell by 2%, and accrued liabilities rose by 4.5%, the company’s net assets increased by a significant 8.3%, reaching £840,000. Creditors decreased by 16%, suggesting improved debt management. The company’s average number of employees rose slightly to 70. With no auditor mentioned, the financial statements are unaudited.

The rise in net assets suggests a strengthening financial position, but the increased bank borrowings and decrease in cash reserves may indicate a reliance on external funding. The continued growth of Chess Plastics, with its established reputation and presence in high-end markets, likely contributes to the overall financial health of Chess Ph Ltd, but it’s important to monitor these trends closely to ensure long-term sustainability.

Registered in England/Wales under the registration number 09784864, with a registered address at WR9 9RB, England, Droitwich, Worcestershire, Unit 2 George Baylis Road, Berry Hill Industrial Estate.

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