Catering Equipment Limited

Catering Equipment Limited, based in Tamworth, UK, is a small, active family business established 28 years ago. Employing eight people and holding assets of £498,714, it operates from a real address and is overseen by three directors and two owners. The company regularly imports iron or steel products (77 months) and exports them (6 months), indicating a focus on materials and equipment.

The company’s website, Desi Catering Equipment, showcases a wide range of new and used catering equipment and food machinery, including pizza ovens, fryers, refrigerators, and butchery equipment. It operates as an e-commerce business, allowing customers to browse and purchase items online. The site emphasizes competitive pricing, a large warehouse, and a commitment to quality—a familiar pitch for online retailers. It even offers a "My Account" feature, suggesting a focus on repeat customers.

Financially, Catering Equipment Limited’s report shows some interesting trends. Current assets remained stable at £500,000, while net assets increased by 2.3% to £500,000. Bank borrowings decreased significantly by 54%, falling to £27,000—a positive sign of reduced debt. However, trade creditors increased by 38%, suggesting a reliance on supplier credit. Cash reserves also decreased by 14%, to £36,000. 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 increased trade creditors might indicate a need to manage cash flow more closely. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Catering Equipment Limited seems to be holding its own, with a focus on online sales and a range of catering equipment. The decrease in bank borrowings is a positive sign, but the increase in trade creditors warrants attention.

Registered in England/Wales under the registration number 03263793, with a registered address at B78 1NX, England, Tamworth, Warwickshire, Cel Hub Grendon Road, Polesworth.

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