Everest Cash & Carry Limited

Everest Cash & Carry Ltd from Aldershot UK is a small, active company founded fourteen years ago. With eleven employees and £2,323,518 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports cereal and milk-based food products (217 months), but exports irregularly (just one month).

The company's website showcases a diverse range of products, from confectionery and beers to household cleaning supplies and ethnic provisions. It’s a wholesale supplier, offering a vast selection available for online purchase. The site is well-stocked, with categories like wines, spirits, and noodles, and even offers a selection of ethnic provisions. The website also highlights a range of special offers and new products, encouraging customers to stock up.

Financially, Everest Cash & Carry Ltd presents a mixed picture. While current assets increased by 22%, to £2,300,000, bank borrowings also surged by 29%, reaching £180,000. Cash reserves, however, took a significant hit, plummeting 96% to just £240. Creditors also increased by 8.6%, and other debt increased by a staggering 840%. The company’s small size—meeting two of three conditions for being considered small—helps it remain flexible, but the sharp decline in cash reserves is a concern. The company is exempt from an audit, so the figures are unaudited.

The increase in bank borrowings and the decrease in cash reserves suggest the company may be burning through money. Perhaps they are investing in new inventory or expanding operations. The irregular export activity, with only one month recorded, indicates that export is not a core part of their business model. The company seems to be doing well with its import business, but the financial numbers show that it is important to watch the cash flow.

Registered in England/Wales under the registration number 07300566, with a registered address at GU12 4DJ, Aldershot, Hants, 7-9 The Beck Industrial Estate, Blackwater Way.

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