Dear Brothers Catering Ltd

Dear Brothers Catering Ltd, based in Chelmsford, UK, is a small, active family business founded two years ago. With ten employees and £866,026 in assets, it operates from a real address and is managed by two directors and owners. The company boasts a stellar 5.0 Google rating based on seven reviews and regularly imports paper and paperboard products – thirteen months worth, with the latest operation in December 2024.

The company's website highlights its services, including mobile refrigeration hire, churro sales, and a range of frozen, chilled, and ambient products. It's open Tuesday to Friday and Saturday mornings, catering to a local clientele. The website also mentions a physical location at Skeggs Farm, Writtle, and provides contact information including a phone number and email address. It’s clear they’re focused on providing catering supplies and services, likely to local businesses and events.

Financially, Dear Brothers Catering Ltd shows some interesting trends. While cash reserves increased by a substantial 180% to £140,000, indicating improved liquidity, other areas present challenges. Net assets grew by 230% to £710,000, but the company’s debts have also increased significantly. Trade creditors rose by 100% to £230,000, and bank borrowings surged by 61% to £71,000. It’s worth noting that the company’s average number of employees increased by 20% to twelve, which could be driving up costs. Despite this, debtors increased by 170%, suggesting they are managing to collect payments effectively. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants attention. As a small company, it’s exempt from an audit, so these figures are unaudited. Overall, Dear Brothers Catering Ltd seems to be growing, but it’s important to monitor its debt levels and ensure it can sustain its operations.

Registered in England/Wales under the registration number 14187466, with a registered address at CM1 3ET, England, Chelmsford, Essex, Unit 1 Skeggs Farm Writtle Road, Writtle.

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