Catertech Services Limited

Catertech Services Ltd from Cardiff UK is a small holding company with an active status, established 29 years ago. The company employs 11 people and holds £632,991 in assets, operating from a real address with three directors and one owner. It's a regular importer of furniture, lighting, and prefabricated buildings, with four months of recent import activity.

The company’s website details its services as a catering refrigeration equipment specialist, offering sales, repairs, and maintenance. Founded in 1995, Catertech Services Ltd is a family-run business with over 25 years of experience, providing expert advice and service to commercial kitchens. They supply equipment from brands like Hobart, Blue Seal, and Lincat, and are a Rational service partner. Their website highlights a friendly, reliable, and professional service, with a focus on speedy response times and customer satisfaction.

Financially, Catertech Services Ltd shows a mixed picture. While cash reserves increased significantly by 400% to £400,000, current assets declined by 13% to £870,000. Debtors decreased by a substantial 49%, indicating improved collection, but creditors also fell by 26%. Net assets increased by 37% to £470,000, and retained earnings grew, suggesting a period of profitability. However, bank borrowings decreased, and fixed assets declined by 8.1%, which could indicate investment in working capital rather than long-term assets. The company qualifies as a small entity, meeting two of three conditions—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and is exempt from a full audit, relying on unaudited financial statements.

The company’s focus on specialized equipment and its family-run nature may provide stability, but the fluctuating asset and debt levels suggest ongoing financial management is required.

Registered in England/Wales under the registration number 03092136, with a registered address at CF11 8JQ, Wales, Cardiff, Unit D1 West Point Industrial Estate, Penarth Road.

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