Chilli Mash Company Ltd

Chilli Mash Company Ltd from Portsmouth, UK, is a small, active business founded nine years ago. With twelve employees and £386,585 in assets, it operates from a real address and is led by three directors and two owners. The company regularly imports and exports miscellaneous food products, with six months of import activity and four months of export activity recorded. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company's website showcases a fascinating blend of operations. Primarily, Chilli Mash Company Ltd manufactures condiments and seasonings, specializing in chilli-based products. It offers a wide range of flavours, from mild to superhot, and even provides white-label hot sauce production services. Notably, the company also runs a separate business focused on piano restoration, a high-end venture operating from Cambridge with a presence in Harrods. This suggests a diversification of business interests beyond its core condiment offerings.

Financially, Chilli Mash Company Ltd presents a mixed picture. Current assets have increased significantly, jumping 120% to £390,000, while net assets have improved slightly, rising to -£58,000. However, bank borrowings have decreased by 5.5%, reaching £25,000. Creditors have also decreased by 39%, suggesting improved debt management. Trade debtors have surged by 550%, which could be a sign of increased sales but also a potential risk if payments are delayed. The company’s small size allows for agility, but the decrease in equity raises questions about its long-term financial stability. As a small company, it’s exempt from an audit, so the figures are unaudited.

It seems the company is facing some pressures, but the piano restoration arm thrives on prestige and heritage—a contrast to the more modest retail operations. Whether the two can sustain each other long-term remains to be seen.

Registered in England/Wales under the registration number 10003202, with a registered address at PO3 5JW, England, Portsmouth, Unit 4 Hilsea Industrial Estate, Limberline Road.

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