Eastway Trading Limited

Eastway Trading Limited, based in Manchester, UK, is a small, active company founded fifteen years ago in 2009. With three employees and £643,200 in assets, it operates from a real address and is led by a single director and owner, who is also the solo founder. The company regularly imports iron or steel products (38 months of activity, latest in January 2025) and exports electrical machinery and equipment (13 months, also January 2025). It operates within the "other retail sale in non-specialised stores" industry.

Eastway Catering Supplies’ website showcases a wide range of kitchen equipment and supplies, from refrigeration units and knives to cookware, tableware, and cleaning products. The site is clearly geared towards the catering and hospitality sector, offering free shipping for orders over £100 and highlighting a variety of brands and products. It’s a well-stocked online store, and the site’s layout is easy to navigate, with clear categories and a "New Arrivals" section. It seems like they are trying to be a one-stop shop for catering businesses.

Financially, Eastway Trading Limited presents a mixed picture. Cash bank on hand has increased by a healthy 22% to £270,000, and net assets have grown by 31% to £130,000, a positive sign. However, trade debtors have risen significantly by 83%, suggesting potential issues with customer payments. Creditors have also increased by 3%, and bank borrowings have remained steady. The company’s small size—meeting two of three criteria to be classified as small—allows for flexibility, but the increase in debtors warrants closer monitoring. No auditor is mentioned, consistent with exemption rules for small companies.

The company’s financial data also reveals some interesting trends. Accumulated depreciation has increased by 21%, reflecting investment in plant and machinery. However, property, plant, and equipment has decreased by 23%, which could be due to asset disposals or write-downs. The increase in cash reserves, coupled with the growth in net assets, suggests that Eastway Trading Limited is, on the whole, financially healthy. However, the rise in trade debtors and the lack of an audit do raise some questions.

Registered in England/Wales under the registration number 07101819, with a registered address at M11 2DT, Manchester, 416 Ashton Old Road.

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