Chimsoc Limited

Chimsoc Limited, based in Bourne End, UK, is a small, active company founded thirteen years ago in 2011. It employs just one person and holds £579,286 in assets. With a real address and two directors, the business is led by a solo founder, Willis Paul John. It boasts an impressive Google rating of 5.0 based on four reviews. Chimsoc is a regular importer, specializing in machinery, boilers, and mechanical appliances, with four months of recent import activity.

The company’s website showcases a vast range of stove and chimney products, acting as an online marketplace for leading brands like Aarrow, ACR, and AGA. It’s essentially a distributor, offering everything from chimney fans and pipe flashings to custom stove glass and heat-protective gloves. The site’s focus is on providing direct access to these products, bypassing traditional retail channels. It even has a section for new products, and a ‘recently viewed’ section which is a nice touch.

Financially, Chimsoc Limited presents a mixed picture. While cash bank on hand increased by a healthy 21% to £540,000, other key metrics show signs of pressure. Creditors rose significantly by 56% to £96,000 within the last year, and trade debtors plummeted by a dramatic 68%, suggesting difficulties collecting payments. Equity also decreased, though not as dramatically, falling by 6.1% to £490,000. The company’s small size—meeting two of three criteria for a small company—helps it remain nimble, but the increase in debt warrants attention. The unaudited accounts, as a small company, are not subject to external audit.

Despite these challenges, Chimsoc’s strong Google rating and focus on a specialized market suggest a resilient business. The company’s ability to secure partnerships with major brands is a key strength, but managing cash flow and collecting payments will be crucial for its long-term success.

Registered in England/Wales under the registration number 07765992, with a registered address at SL8 5DT, England, Bourne End, Bucks, Unit 5 Wessex Road.

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