Allsop & Pitts Limited

Allsop & Pitts Limited, based in Torquay, Devon, is a small, family-owned business with a long history, having been incorporated 53 years ago in 1972. Currently employing 35 people, the company maintains a real address and is managed by eight directors and three owners. It boasts a stellar 5.0 Google rating from 26 reviews, reflecting its commitment to customer service. The company is active and has been around for a long time.

The business primarily operates as a supplier and installer of catering equipment, serving the hospitality industry. It has locations in Devon, Cornwall, and Gloucester, and even owns DLS, a catering equipment supplier in Gloucestershire. The company’s website showcases its services, including design, sales, installation, and maintenance contracts. It also highlights recent projects, such as supplying equipment for a school dining facility and a sushi restaurant. The website is very detailed.

Financially, Allsop & Pitts Limited shows some interesting trends. Creditors increased by 6.6% to £1.2 million, while debtors surged by 39% to £590,000—suggesting increased sales on credit. Cash reserves, however, fell 4.2% to £730,000. The company’s net assets decreased by 4.8% to £1.3 million. Bank borrowings increased by 23%, reaching £200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants attention. There is no auditor mentioned, likely due to its status as a small company.

The company's focus on the catering industry and its extensive range of services—from design to maintenance—position it as a reliable partner for businesses in the food service sector. While the financial data indicates some challenges, its strong reputation and established presence suggest a resilient business model.

Registered in England/Wales under the registration number 01045503, with a registered address at TQ2 7NY, Devon, 102 Barton Road, Torquay.

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