Forward Vending & Catering Limited

Forward Vending And Catering Ltd from Dunmow UK: small company, active status, founded 25 years ago, 3 employees, £29,326 assets, real address, 1 director, 1 owner. Irregular importer of miscellaneous food products (1 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £29,326.

The company operates in the wholesale of coffee, tea, cocoa and spices industries and is a irregular importer, with its top import category being Miscellaneous food products, totaling 1 months of imports. The last import operation was conducted on April 01, 2022. Forward Vending & Catering supply a wide range of vending machines and drink dispensers, catering to businesses in Essex and beyond. Their website showcases a diverse selection, from table top bean-to-cup machines to professional barista models, and even offers refurbishment services. They also provide In-cup machines, ideal for keeping staff happy with affordable hot drinks.

Financially, Forward Vending & Catering Ltd appears to be facing some challenges. Current assets have decreased by a significant 36%, dropping to £29,000. Bank borrowings have also increased by 19%, reaching £19,000. A concerning trend is the sharp decline in equity, plummeting 40% to -£180,000. It seems like the company is burning through cash. Trade debtors have also fallen by 40%, which could indicate issues with collecting payments. With no auditor mentioned, the financial statements are unaudited.

Despite these pressures, the company seems to be holding on. The website suggests a focus on customer service and a range of products to meet different needs. It’s likely that the company is working to improve its financial performance and secure its long-term sustainability.

Registered in England/Wales under the registration number 03961509, with a registered address at CM6 1JA, England, Dunmow, Essex, The Coffee Centre Hoblongs Industrial Estate, Chelmsford Road.

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