Chester (uk) Limited

Chester Uk Ltd from Hawarden, Deeside UK: a small, active company founded 32 years ago, employs 22 people, and holds £2,805,971 in assets. It's a family business with three directors and two owners, operating from a real address. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 629 months of import activity and 376 months of export activity.

The company’s website, saleschestermachinetools.com, showcases a wide range of machinery, from CNC machining centres to manual lathes and drilling machines. It seems to be primarily focused on sales and service, offering both new and used equipment, as well as tooling and accessories. The website also highlights a showroom stock and ex-demo machines, suggesting a physical presence alongside its online sales. It’s clear that Chester Uk Ltd caters to industrial customers, with a focus on providing comprehensive solutions for manufacturing and engineering applications. There’s a section for global suppliers, indicating a network of international partnerships.

Financially, Chester Uk Ltd presents a mixed picture. Current assets decreased by 2.3% to £2,800,000, while net assets also declined slightly, dropping 1.1% to £2,300,000. Bank borrowings decreased by 11%, reaching £790,000, and cash reserves fell 3.2% to £350,000. Creditors decreased by 4.8%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the slight decrease in equity raises questions. The company’s unaudited financial statements, prepared using CCH Software, show a decrease in other creditors by 1400%, which is quite a large change. There’s no auditor mentioned, likely due to its status as a small company.

Overall, Chester Uk Ltd appears to be a stable, long-standing business, but it’s facing some financial pressures. The company’s focus on machinery sales and service, combined with its family ownership and global supplier network, suggests a resilient business model. However, the slight decrease in equity and the need for careful debt management will be key to its continued success.

Registered in England/Wales under the registration number 02752012, with a registered address at CH5 3PZ, Hawarden, Deeside, Clwyd, Clwyd Close Hawarden, Industrial P, Manor Lane,.

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