C.h.r. Equipment Limited

CHR Food Service Equipment UK, based in Preston, UK, is a small, active holding company established 27 years ago. Employing nine people and holding £1,248,414 in assets, it operates from a real address and is overseen by one director and owner. The company boasts a 4.0 Google rating from just two reviews and is a regular importer of machinery, boilers, and mechanical appliances—parts, with 19 months of import activity recorded.

The company's website, CHR Food Service Equipment, positions itself as a provider of commercial catering equipment and services to the UK food service industry. It offers design, procurement, project management, and support, catering to various establishments, from restaurants to staff catering facilities. Notably, it highlights expertise in sustainable cooking technologies and even features a division focused on high-end piano restoration—a surprising diversification.

Financially, CHR Food Service Equipment Ltd presents a mixed picture. Current assets have declined by 28%, dropping to £1,200,000, while net current assets have fallen by 41% to £320,000. Bank borrowings have increased by 5.4%, reaching £160,000, and cash reserves have decreased by 89%, leaving just £64,000. Trade debtors have plummeted by 63%, suggesting improved collections, but trade payables have also decreased by 43%, which is good. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, likely due to its small size.

The decrease in cash reserves and increase in borrowings could indicate the company is investing in growth or facing increased operating costs. However, the reduction in debtors suggests better financial management. The piano restoration division adds an interesting layer to the company's profile, but its financial impact remains unclear.

Registered in England/Wales under the registration number 03434752, with a registered address at PR5 6GS, England, Preston, Astar House Fourfields, Bamber Bridge.

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