A S Catering Supplies Limited

Catering Supplies As Ltd from New Milton UK is a small, active company founded 17 years ago. With 14 employees and £347,856 in assets, it’s a family business operating from a virtual address – a bit unusual, as 31 companies share the same location. The company has three directors and two owners, and is in good standing. It’s an irregular importer of machinery, boilers, and mechanical appliances, with just one month of import activity recorded, and a regular exporter of electrical machinery and equipment, with 43 months of export activity.

The company operates in the wholesale of other machinery and equipment industries. Its small size – meeting two of three conditions for being considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) – allows for flexibility. However, the address being virtual raises some questions.

Financially, Catering Supplies As Ltd shows some interesting trends. Current assets decreased by 8%, falling to £350,000, while net assets also declined, dropping to £88,000. Bank borrowings decreased by 46%, reaching £12,000, and cash reserves fell 24% to £150,000. Creditors also decreased by 7.9%, suggesting improved debt management. Trade debtors increased by 4.5%, which could indicate a growing customer base. The company’s small size helps it stay agile, but the decline in equity and cash reserves warrants attention. With no auditor mentioned, the figures are unaudited.

The company’s financial statements indicate a period of adjustment, with some positive signs of improved debt management but also a decline in cash reserves. It’s a small, family-run operation navigating the challenges of the wholesale machinery market.

Registered in England/Wales under the registration number 06549243, with a registered address at BH25 6JX, New Milton, Hampshire, 36a Station Road.

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