Cherry Tree Laundry Solutions Ltd

Cherry Tree Laundry Solutions Ltd from St. Ives UK: small company, active status, founded 12 years ago, 2 employees, £247,721 assets, virtual address, 1 director, 1 owner, solo founder. Regular importer of machinery, boilers, and mechanical appliances; parts (3 months imported). Irregular exporter of machinery, boilers, and mechanical appliances; parts (1 months exported). It’s a small, family-run business operating in the industrial laundry machinery sector, boasting a long history dating back to 1882. As the oldest provider in the UK, they supply businesses both private and public, even exporting globally.

The company's website highlights a comprehensive range of new and remanufactured industrial washing machines, dryers, and ironing equipment. They also partner with Lavatec and Danube for commercial laundry equipment, and offer re-manufacturing services. Testimonials on the site praise their responsiveness, professionalism, and the quality of their engineers—a testament to their commitment to customer service. A particularly touching note thanks them for quickly resolving a machine failure, emphasizing the urgency and expertise required in their line of work.

Financially, Cherry Tree Laundry Solutions Ltd shows some concerning trends. While net assets increased slightly to £50,000, current assets plummeted by 55% to £250,000. Bank borrowings remained steady at £45,000, but trade debtors increased significantly, suggesting potential issues with customer payments. The decrease in employees from 12 to 11, while not drastic, could indicate streamlining efforts or perhaps a temporary staffing change. Creditors also decreased, which is a good sign. The company’s small size—meeting two of three conditions for a small company—helps it remain agile, but the drop in current assets warrants closer attention. No auditor is mentioned, which is common for small, exempt companies.

Overall, Cherry Tree Laundry Solutions Ltd appears to be navigating a period of financial adjustment. Their long-standing reputation and focus on customer service are valuable assets, but addressing the decline in current assets will be key to their continued success.

Registered in England/Wales under the registration number 08465600, with a registered address at PE27 5BH, England, St. Ives, The Station House, 15 Station Road.

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