Chestnut Trading Limited

Chestnut Trading Ltd from Market Rasen UK: a small, holding company with an active status, was founded nineteen years ago. Employing thirteen people and boasting £2,547,337 in assets, the company operates from a real address and is overseen by three directors and one owner, holding a respectable Google rating of 4.0 based on thirteen reviews. It’s a regular importer, specializing in paper and paperboard products, with nineteen months of import activity recorded, the last in July 2024.

The company’s primary business revolves around wholesale fireworks distribution, operating under the brands Night Star, Fire Star, Bulldog, Scorpion, Benstar, and Astra. Its website highlights a wide range of fireworks, from selection boxes to compound cakes, catering to retailers and traders. The company even offers licensing assistance and firework storage solutions, emphasizing its commitment to safety and compliance. It’s a family-run business, with a long history of supplying fireworks to the UK market.

Financially, Chestnut Trading Ltd shows a mixed picture. Current assets have fallen by a significant 43% to £2,500,000, while net current assets have risen 29% to £1,200,000. Creditors have increased substantially by 100%, reaching £590,000, and bank borrowings have also increased, though specific figures are not available. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in current assets suggests potential cash flow pressures. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Despite the financial fluctuations, Chestnut Trading Ltd appears to be a well-established player in the fireworks wholesale market, leveraging its brand portfolio and commitment to customer service. Whether it can maintain its position amidst changing market conditions remains to be seen.

Registered in England/Wales under the registration number 05496483, with a registered address at LN8 6HF, Market Rasen, Lincolnshire, Unit 2 Binbrook Technical Park, Binbrook.

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