Chetan Wholesalers Limited in Ilford, IG3 9JX

Description

Data updated on: 01-11-2023

Chetan Wholesalers came into being in 1986 as a company enlisted under no 02037701, located at IG3 9JX Ilford at 416 Green Lane. This firm has been in business for 38 years and its state is active. This firm's registered with SIC code 46342 meaning Wholesale of wine, beer, spirits and other alcoholic beverages. Chetan Wholesalers Ltd filed its account information for the financial year up to March 31, 2021. The business latest annual confirmation statement was filed on September 9, 2023.

The firm provides its services in transport and distribution business. Its FHRSID is 4293. It reports to Barking and Dagenham and its last food inspection was carried out on May 23, 2014 , London, IG11 0DA. The most recent quality assessment result obtained by the company is 4, which translates as good. The components comprising this value are the following inspection results: 5 for hygiene, 5 for its structural management and 10 for confidence in management.

As stated, the business was started in 1986 and has been overseen by three directors, and out of them two (Dipin M. and Nitin M.) are still in the management.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-09-30
Currency

Balance Sheet
Cash Bank On Hand	2 091 170	2 100 145	2 032 809	1 688 876	1 430 966
Current Assets	4 144 001	4 330 845	4 092 413	3 724 087	3 247 082	14 131
Debtors	1 099 430	879 440	858 314	1 158 991	1 020 085	14 131
Net Assets Liabilities	749 154	762 075	777 961	763 586	671 384	676 233
Property Plant Equipment	306 174	284 523	666 053	626 675	598 869	731 133
Total Inventories	953 401	1 351 260	1 201 290	876 220	796 031
Other Debtors	9 707	7 548	7 825	8 079	1 587

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	569 128	590 779	633 999	673 377	695 095
Average Number Employees During Period		23	23	22	22	22
Creditors	1 022 881	943 518	859 015	772 647	734 476	69 031
Depreciation Expense Property Plant Equipment					38 754	7 873
Disposals Decrease In Depreciation Impairment Property Plant Equipment					17 036	702 968
Disposals Property Plant Equipment					17 345	1 293 964
Fixed Assets	327 174	312 523	694 053	654 675	626 869	731 133
Increase From Depreciation Charge For Year Property Plant Equipment		21 651	43 220	39 378	38 754	7 873
Investments					28 000	-28 000
Investments Fixed Assets	21 000	28 000	28 000	28 000	28 000
Net Current Assets Liabilities	1 453 861	1 402 070	949 723	888 358	778 991	-54 900
Pension Other Post-employment Benefit Costs Other Pension Costs					6 390	11 664
Property Plant Equipment Gross Cost	875 302	875 302	1 300 052	1 300 052	1 293 964	731 133
Social Security Costs					25 725	20 786
Staff Costs Employee Benefits Expense					435 303	598 119
Total Additions Including From Business Combinations Property Plant Equipment			424 750		11 257	731 133
Total Assets Less Current Liabilities	1 781 035	1 714 593	1 643 776	1 543 033	1 405 860	676 233
Wages Salaries					403 188	565 669
Accrued Liabilities	15 835	18 737	17 120	20 316	11 463
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss			-2 200		-6 800
Bank Borrowings	1 145 905	1 066 542	985 284	898 916	860 745
Bank Borrowings Overdrafts	1 022 881	943 518	859 015	772 647	734 476
Bank Overdrafts	263 916	275 433	712 691	249 450	304 984
Corporation Tax Payable	45 100	56 012	114 132	55 857	79 915
Dividends Paid		212 811	200 010	200 010	200 010
Merchandise	953 401	1 351 260	1 201 290	876 220	796 031
Number Shares Issued Fully Paid		40 002	40 002	40 002	40 002
Other Investments Other Than Loans	21 000	28 000	28 000	28 000	28 000
Other Remaining Borrowings			196 587	299 995	225 248
Other Taxation Social Security Payable	6 502	4 515	6 394	6 684	12 005
Par Value Share		1	1	1	1
Prepayments	101 742	112 093	114 544	117 226	119 412
Profit Loss		218 732	215 896	185 635	107 808
Provisions	9 000	9 000	6 800	6 800
Provisions For Liabilities Balance Sheet Subtotal	9 000	9 000	6 800	6 800
Recoverable Value-added Tax	41 098	37 574		36 433
Total Borrowings	1 409 821	1 341 975	1 697 975	1 148 366	1 165 729
Trade Creditors Trade Payables	2 225 042	2 441 672	1 928 839	2 067 017	1 647 302
Trade Debtors Trade Receivables	68 332	78 674	119 394	115 702	142 535

Company staff

Dipin M.

Role: Director

Appointed: 18 May 1990

Latest update: 29 January 2024

Nitin M.

Role: Director

Appointed: 18 May 1990

Latest update: 29 January 2024

People with significant control

Executives with significant control over the firm are: Nitin M. owns 1/2 or less of company shares. Dipin M. owns 1/2 or less of company shares.

Nitin M.

Notified on 14 June 2022

Nature of control:

1/2 or less of shares

Dipin M.

Notified on 14 June 2022

Nature of control:

1/2 or less of shares

Kishore M.

Notified on 6 April 2016

Ceased on 11 August 2022

Nature of control:

substantial control or influence

1/2 or less of shares

Accounts Documents

Account next due date	31 January 2023
Account last made up date	31 March 2021
Confirmation statement next due date	23 September 2024
Confirmation statement last made up date	09 September 2023

Annual Accounts
Start Date For Period Covered By Report	01 April 2017
End Date For Period Covered By Report	31 March 2018
Annual Accounts
Start Date For Period Covered By Report	01 April 2018
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	01 April 2019
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021

Chetan Wholesalers Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Dipin M.

Nitin M.

Kishore M.

People with significant control

Nitin M.

Dipin M.

Kishore M.

Accounts Documents

Chetan Wholesalers food hygiene ratings

Distributors/Transporters address

Address

Suburb

City

District

State

Post code

Food rating: 4

Hygiene

Structural

Confidence in Management

Company filings

Filing category

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