Petit Cham Limited
Registered name: PETIT CHAM LIMITED
Part of Handymax Holdco Limited groupPetit Cham Limited made £2.7m revenue and £1.6m profit in the year to 31 Dec 2023.
Petit Cham Limited’s revenue fell 71% to £2.7m in the year to 31 Dec 2023, with £1.6m profit and 0 employees. The company is classified under “other business support service activities” and is based in Wembley; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Wembley, London
- Age
- 5 yrs · since 2021
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The parent company is Handymax HoldCo Limited, which in turn is jointly owned by Steftom Shipping Ltd, Union Carriers Ltd and Anastacia AG. There is not considered to be a single ultimate controlling ”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £9.5m | £2.7m |
| Cost of sales | £1.1m | £93.4k |
| Gross profit | £8.4m | £2.6m |
| Operating profit | £3.2m | £1.8m |
| Profit before tax | £3.6m | £1.6m |
| Profit after tax | £3.6m | £1.6m |
| Profit (best available) | £3.6m | £1.6m |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 38.3% | 57.9% |
| Gross margin | 87.9% | 96.6% |
| Growth (year on year) | ||
| Revenue growth | — | ▼71.4% |
| Profit growth | — | ▼56.7% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £786k | £151k |
| Net assets | £8.9m | £146k |
| Fixed assets | £19.7m | £0 |
| Current assets | £2m | £168k |
| Debtors | £46.9k | £15.9k |
| Deferred income | £257k | £0 |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 |
How the business works
- Profit margin
- 57.9%
- Profit ÷ revenue.
- Gross margin
- 96.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.6%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼98%
- Now £146k
- Cash at bank
- ▼81%
- Now £151k
- Headcount
- —
- Now 0
- Deferred income
- ▼100%
- Now £0
- Fixed assets
- ▼100%
- Now £0
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Handymax Holdco Limitedultimate parent75–100%
- Petit Cham Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (8)
- Ind Ocean LimitedRev. £6.4m · Profit £2.7m
- Kalixenos LimitedRev. £2.5m · Profit £393k
- Fleet Trader LimitedRev. £87.8k · Profit £209k
- Anta Ocean LimitedFigures not disclosed
- Arct Ocean LimitedFigures not disclosed
- Atl Ocean LimitedFigures not disclosed
- Pacif Ocean LimitedFigures not disclosed
- Ultra Mount Athos LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Grosvenor Project Development LimitedHarrogate · Other business support service activities n.e.c.
- Revenue
- £2.7m
- Profit
- £769k
- Staff
- 15
- Connect Roads South Tyneside LimitedLeeds · Other business support service activities n.e.c.
- Revenue
- £2.7m
- Profit
- £180k
- Staff
- —
- Artificial Lift Performance LimitedAberdeen · Other business support service activities n.e.c.
- Revenue
- £2.7m
- Profit
- £710k
- Staff
- 14
- Ecmk LimitedSolihull · Other business support service activities n.e.c.
- Revenue
- £2.8m
- Profit
- £1m
- Staff
- —
- Evoco Digital Services LtdBirmingham · Other business support service activities n.e.c.
- Revenue
- £2.7m
- Profit
- £599k
- Staff
- 5
- Elemel 2018 Community Interest CompanyLuton · Other business support service activities n.e.c.
- Revenue
- £2.7m
- Profit
- £56.2k
- Staff
- 10
Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £1.6m), from the Companies House accounts bulk data published Sep 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.