Chimes Home & Garden Ltd

Chimes Home & Garden Ltd, based in Billericay, UK, is a small, active company founded five years ago. Employing ten people, it holds £1,746,829 in assets and operates from a real address. With two directors and a solo founder, the business runs an e-commerce site and has a respectable Google rating of 4.0 from 80 reviews. The company regularly imports furniture, lighting, and prefabricated buildings – a total of 16 months of import activity, the latest in July 9 2024.

The company’s website showcases a wide range of products, from BBQs and outdoor kitchens to rattan furniture and homeware accessories. It offers free delivery on orders over £299 and boasts a showroom for customers to view products in person. The site’s design emphasizes seasonal sales and promotions, with a current “Spring Sale” offering discounts of up to 54%. The business also provides VR showroom views, a nice touch.

Financially, Chimes Home & Garden Ltd presents a mixed picture. Current assets have fallen by 23% to £1,700,000, while equity has also seen a significant drop of 35% to £850,000. Cash reserves have shrunk by 60% to just £100,000, a notable decrease. Trade debtors have increased substantially, reaching £51,000, while creditors have also risen, though less dramatically. The company’s small size (meeting two of three criteria for being a small company) helps with agility, but the decline in equity and cash warrants attention. No auditor is mentioned, likely due to exemption as a small company.

Overall, Chimes Home & Garden Ltd appears to be navigating a period of financial adjustment. While the e-commerce platform and showroom offer a strong customer experience, the company will need to address the recent declines in key financial metrics to ensure long-term sustainability.

Registered in England/Wales under the registration number 12241252, with a registered address at CM11 1JT, Billericay, Essex, Fremnells Hawkswood Road, Downham.

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