Chestnut Mill Limited

Chestnut Mill Limited, based in Crookham Village, UK, is a small, active company founded four years ago. With a single employee and £25,031 in assets, it operates from a virtual address and is led by a solo founder who also serves as director and owner. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 900 reviews.

As a small company, Chestnut Mill Limited meets two of the three criteria: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It’s a modest operation, and the virtual address suggests a lean approach to overhead. The company's website showcases a wide array of products, including equestrian supplies, pet food, garden essentials, and smallholding equipment. It’s clear they’re targeting a niche market of rural and outdoor enthusiasts.

Looking at the financial data, there’s a mixed picture. Accumulated depreciation for computer equipment increased by 18%, which is normal as assets age, but cash bank on hand jumped a healthy 48% to £23,000. However, creditors rose by 5.6% to £24,000, and corporation tax payable increased to £3,000, which could indicate some financial pressure. Equity, however, plummeted 120% to just £900, a significant decline. It’s worth noting that the company is exempt from an audit as a small entity, so these figures are unaudited.

The company’s director, Victoria Boyes, seems to be wearing many hats, managing both the business and its finances. While the increase in creditors suggests a need to manage short-term liabilities, the growing cash reserves are a positive sign. The company’s strong Google rating and diverse product range indicate a loyal customer base and a successful e-commerce strategy, but the declining equity warrants further monitoring.

Registered in England/Wales under the registration number 12876991, with a registered address at GU51 5RX, England, Crookham Village, Hampshire, 1 Rookery House, Grove Farm.

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