Andy Catering Equipment Limited

Andy Catering Equipment Ltd, based in London, UK, is a small, active company established 44 years ago in 1981. Employing nine people and holding £506,119 in assets, it operates from a virtual address – a fact highlighted by the presence of 100 companies registered at the same location. The company is led by two directors and owned by one individual, Mavrou Andreas. It runs an e-commerce site and boasts a 4.0 Google rating from 29 reviews. It’s a regular importer of basic metal tools and utensils, with five months of import activity recorded.

The company’s website, salesandycatering.com, showcases a wide range of catering equipment and appliances, from cooking equipment and refrigeration to tableware and cleaning supplies. It caters to both commercial and industrial customers, offering a vast selection of products and even providing online furniture catalogs. The site emphasizes competitive pricing, same-day delivery, and a buyer protection guarantee, indicating a focus on customer service and convenience. It also offers repair services and even has a showroom in London.

Financially, Andy Catering Equipment Ltd’s recent performance presents a mixed picture. Current assets have decreased by 21%, falling to £510,000, while net assets remain steady at £470,000. Bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves have fallen 30% to £110,000. Trade debtors have also decreased by 33%, suggesting better debt management. Creditors have decreased by 72%, which is a positive sign. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

The company’s reliance on a virtual address and the significant increase in borrowing, while creditors have decreased, could indicate a period of investment or expansion, though it’s also possible that the company is facing financial pressures. The continued success of its e-commerce platform and its established reputation in the catering equipment market, however, suggest a resilient business with potential for future growth.

Registered in England/Wales under the registration number 01539882, with a registered address at N13 5RY, London, 590 Green Lanes, Palmers Green.

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