Chillistick Ltd

Chillistick Ltd, based in Basingstoke, UK, is a small, active holding company founded thirteen years ago in 2011. With ten employees and £736,847 in assets, the company operates from a real address and is overseen by two directors and one owner. Its Google rating sits at a respectable 4.0 based on 26 reviews. The company’s core business revolves around supplying dry ice, with a strong focus on manufacturing and distribution.

The company’s website, Chillistick.co.uk, showcases a wide range of dry ice products and related services, catering to diverse markets including industrial, pharmaceutical, education, and even food & drink. They highlight their commitment to sustainability, sourcing dry ice from renewable energy, and boast ISO accreditation. Beyond dry ice sales, they manufacture unique hardware products, including patented Chillistick containers, sold worldwide. The website also features a science education division, offering experiment kits for schools, demonstrating dry ice's properties.

Financially, Chillistick Ltd presents a mixed picture. While cash reserves increased by a healthy 65% to £250,000, net assets only grew by a modest 4.2% to £280,000. Bank borrowings decreased significantly, dropping 48% to £71,000. However, creditors increased by 26%, reaching £280,000, and trade debtors increased by 35% to £450,000, which could indicate some payment delays. 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 increase in creditors suggests a need to manage cash flow. The financial statements are unaudited, and no auditor is mentioned, which is typical for small companies. The company’s future success will likely depend on maintaining its strong customer ratings and effectively managing its financial obligations.

Registered in England/Wales under the registration number 07781099, with a registered address at RG22 6HY, England, Basingstoke, Unit L1, Grafton Way.

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