chillmech group ltd
chillmech group ltd Company Information
Company Number
10734569
Next Accounts
Jan 2025
Industry
Non-trading company
Shareholders
michael stephen white
helen louise white
Group Structure
View All
Contact
Registered Address
chillmech house, 97 maidstone road, tonbridge, kent, TN12 6AE
Website
www.chillmech.co.ukchillmech group ltd Estimated Valuation
Pomanda estimates the enterprise value of CHILLMECH GROUP LTD at £601.9k based on a Turnover of £1.5m and 0.41x industry multiple (adjusted for size and gross margin).
chillmech group ltd Estimated Valuation
Pomanda estimates the enterprise value of CHILLMECH GROUP LTD at £0 based on an EBITDA of £0 and a 7.67x industry multiple (adjusted for size and gross margin).
chillmech group ltd Estimated Valuation
Pomanda estimates the enterprise value of CHILLMECH GROUP LTD at £700.2k based on Net Assets of £585k and 1.2x industry multiple (adjusted for liquidity).
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Chillmech Group Ltd Overview
Chillmech Group Ltd is a live company located in tonbridge, TN12 6AE with a Companies House number of 10734569. It operates in the non-trading company sector, SIC Code 74990. Founded in April 2017, it's largest shareholder is michael stephen white with a 60% stake. Chillmech Group Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.5m with healthy growth in recent years.
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Chillmech Group Ltd Health Check
Pomanda's financial health check has awarded Chillmech Group Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£3.3m)
- Chillmech Group Ltd
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (4.4%)
- Chillmech Group Ltd
4.4% - Industry AVG
Production
with a gross margin of 18.7%, this company has a higher cost of product (35.7%)
- Chillmech Group Ltd
35.7% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Chillmech Group Ltd
- - Industry AVG
Employees
with 2 employees, this is below the industry average (43)
2 - Chillmech Group Ltd
43 - Industry AVG
Pay Structure
on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)
- Chillmech Group Ltd
£39.8k - Industry AVG
Efficiency
resulting in sales per employee of £740.9k, this is more efficient (£144.2k)
- Chillmech Group Ltd
£144.2k - Industry AVG
Debtor Days
it gets paid by customers after 109 days, this is later than average (42 days)
- Chillmech Group Ltd
42 days - Industry AVG
Creditor Days
its suppliers are paid after 199 days, this is slower than average (42 days)
- Chillmech Group Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Chillmech Group Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Chillmech Group Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53%, this is a higher level of debt than the average (47.1%)
53% - Chillmech Group Ltd
47.1% - Industry AVG
CHILLMECH GROUP LTD financials
Chillmech Group Ltd's latest turnover from April 2023 is estimated at £1.5 million and the company has net assets of £585 thousand. According to their latest financial statements, Chillmech Group Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 800,000 | 800,000 | 800,000 | 800,000 | 800,000 | 800,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 800,000 | 800,000 | 800,000 | 800,000 | 800,000 | 800,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 444,532 | 378,932 | 325,850 | 245,100 | 153,000 | 87,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 444,532 | 378,932 | 325,850 | 245,100 | 153,000 | 87,000 |
| total assets | 1,244,532 | 1,178,932 | 1,125,850 | 1,045,100 | 953,000 | 887,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 659,531 | 593,931 | 547,731 | 500,473 | 458,595 | 368,378 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 659,531 | 593,931 | 547,731 | 500,473 | 458,595 | 368,378 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 61,667 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 61,667 |
| total liabilities | 659,531 | 593,931 | 547,731 | 500,473 | 458,595 | 430,045 |
| net assets | 585,001 | 585,001 | 578,119 | 544,627 | 494,405 | 456,955 |
| total shareholders funds | 585,001 | 585,001 | 578,119 | 544,627 | 494,405 | 456,955 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | ||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 65,600 | 53,082 | 80,750 | 92,100 | 66,000 | 87,000 |
| Creditors | 65,600 | 46,200 | 47,258 | 41,878 | 90,217 | 368,378 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | -61,667 | 61,667 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
chillmech group ltd Credit Report and Business Information
Chillmech Group Ltd Competitor Analysis
Perform a competitor analysis for chillmech group ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in TN12 area or any other competitors across 12 key performance metrics.
chillmech group ltd Ownership
CHILLMECH GROUP LTD group structure
Chillmech Group Ltd has 1 subsidiary company.
chillmech group ltd directors
Chillmech Group Ltd currently has 2 directors. The longest serving directors include Mr Michael White (Apr 2017) and Mrs Helen White (Apr 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael White | 61 years | Apr 2017 | - | Director | |
| Mrs Helen White | 64 years | Apr 2017 | - | Director |
P&L
April 2023turnover
1.5m
+15%
operating profit
0
0%
gross margin
18.7%
+11.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
585k
0%
total assets
1.2m
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
chillmech group ltd company details
company number
10734569
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
April 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
chillmech house, 97 maidstone road, tonbridge, kent, TN12 6AE
Bank
-
Legal Advisor
-
chillmech group ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to chillmech group ltd.
chillmech group ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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chillmech group ltd Companies House Filings - See Documents
| date | description | view/download |
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