Abco - Anderson Beverage Co. Ltd

Abco Anderson Beverage Co. Ltd, based in Gateshead, UK, is a small holding company with an active status, having been founded 22 years ago in 2003. The company employs 13 people and holds assets totaling £1,821,322. It has a real address, four directors, and one owner, and boasts a respectable Google rating of 4.0 based on three reviews. The company is an irregular importer of glass and glassware, with just one month of imports recorded.

The company’s website reveals a focus on supplying post mix syrups and dispensing systems for soft drinks. They are a leading supplier in the North East, offering equipment and syrups from global brands like Pepsi, Coca-Cola, and Britvic. They emphasize no contracts, free equipment, and technical support, targeting retailers seeking to maximize their post mix profits. The website also highlights a separate division, 1066 Pianos, which specializes in piano restoration and disaster recovery—a surprising diversification from the beverage supply business.

Financially, Abco Anderson Beverage Co. Ltd presents a mixed picture. Cash reserves increased by 20%, reaching £1.1 million, and current assets rose by 19% to £1.8 million. However, accrued liabilities jumped significantly, increasing by 520% to £11,000. Bank borrowings surged by 2,400% to £29,000, and trade debtors increased by 32% to £640,000. The company’s small size (meeting two of three conditions for being considered small) helps it remain nimble, but the increased liabilities and borrowing suggest a need for careful financial management. The unaudited accounts, as a small company, rely on director-reported data, and the lack of an auditor mentioned leaves room for interpretation. Overall, Abco Anderson Beverage Co. Ltd appears to be holding its own, but the financial trends warrant close attention.

Registered in England/Wales under the registration number 04653896, with a registered address at NE11 0RU, England, Gateshead, Unit C11 Marquis Court, Team Valley Trading Estate.

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