Company Overview
The Chip Works Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 05 July 2016, so this is a well established company. The Chip Works Limited has been in business for 9 years and 8 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Unit 1 Knights Court, South Chailey, Lewes, BN8 4QF
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Companies House Data
Company NameTHE CHIP WORKS LIMITED
Company Number10263037
Registered Office AddressUnit 1 Knights Court
 South Chailey
 BN8 4QF
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date05/07/2016
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date02/08/2017
Previous Company NameChanged Date
INGRAM NO.2 LIMITED15 Nov 2016
Directors & Members
Show Resigned
Simon Clark - Director
(British, 47 years old, born June 1979)
Appointed 07 October 2024
 Active
Peter Troesch - Director
(American, 72 years old, born May 1954)
Appointed 07 October 2024
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Simon Clark
ASSOCIATION OF MICROCHIP DATABASE OPERATORS
AVID PLC
CHIPWORKS DATA LTD
PET-ID MICROCHIPS LTD
Peter Troesch
CHIPWORKS DATA LTD
PET-ID MICROCHIPS LTD
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 1 1 1
Current Assets 6,223 6,223 7,989
Creditors Due Within One Year 4,722 4,722 6,619
Working Cap 1,501 1,501 1,370
Total Assets Less Current Liabilities 1,502 1,502 1,371
Long-term Liabilities 0 0 0
Net Assets 1,502 1,502 1,371
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,502 1,502 1,371
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 75.9% 75.9% 82.8%
Net Current Assets Liabilities 24.1% 24.1% 17.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 24.1% 24.1% 17.2%
Capital Employed - - -
Total Assets Less Current Liabilities 24.1% 24.1% 17.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2023 31-Mar-2022
Liquidity Ratio 1.3 1.3 1.2
Solvency Ratio 1.3 1.3 1.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Mar-2023 31-Mar-2022
Assets 6,224 6,224 7,990
Debt 4,722 4,722 6,619
Net Assets/Debt 1,502 1,502 1,371

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around BN8 4QF
LABTRAC LIMITED
Unit 1 Knights Court, South Chailey, Lewes, East Sussex, BN8 4QF
PETTRAC LIMITED
UNIT 1 KNIGHTS COURT, SOUTH CHAILEY, LEWES, EAST SUSSEX, BN8 4QF
AVID PLC
UNIT 1 KNIGHTS COURT, SOUTH CHAILEY, LEWES, EAST SUSSEX, BN8 4QF
Document Filings
Confirmation statement made on 4 July 2025 with updates
Director's details changed for Mr Peter George Troesch on 10 July 2025
Director's details changed for Mr Simon James Clark on 10 July 2025
Director's details changed for Mr Simon James Clark on 3 July 2025
Director's details changed for Mr Peter George Troesch on 3 July 2025
Registered office address changed from Unit 1 Knights Court South Chailey Lewes BN8 4QF England to Unit 1 Knights Court South Chailey Lewes West Sussex BN8 4QF on 3 July 2025
Director's details changed for Mr Simon James Clark on 2 July 2025
Director's details changed for Mr Peter George Troesch on 2 July 2025
Previous accounting period shortened from 31 March 2025 to 31 December 2024
Cessation of Joanna Rachel Beresford Montclare as a person with significant control on 7 October 2024
Cessation of Philip William Mckinnon as a person with significant control on 7 October 2024
Notification of Avid Plc as a person with significant control on 7 October 2024
Termination of appointment of Philip William Mckinnon as a director on 7 October 2024
Termination of appointment of Joanna Rachel Beresford Montclare as a director on 7 October 2024
Appointment of Mr Peter George Troesch as a director on 7 October 2024
Registered office address changed from Unit 6, Danworth Farm Cuckfield Road Hurstpierpoint Hassocks BN6 9GL United Kingdom to Unit 1 Knights Court South Chailey Lewes BN8 4QF on 8 October 2024
Appointment of Mr Simon James Clark as a director on 7 October 2024
Resolutions
Memorandum and Articles of Association
Confirmation statement made on 4 July 2024 with updates
Register inspection address has been changed from Pear Cottage Staunton Road Coleford GL16 8EA England to The Barn Unit 6, Danworth Farm Cuckfield Road Hurstpierpoint BN6 9GL
Register(s) moved to registered office address Unit 6, Danworth Farm Cuckfield Road Hurstpierpoint Hassocks BN6 9GL
Confirmation statement made on 4 July 2023 with no updates
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