Gastronorth Limited

Gastronorth Ltd from Gateshead UK: a small, active company founded 22 years ago, employs 23 people, and holds assets of £2,253,857. It’s a real address with five directors and three owners, regularly importing machinery, boilers, and mechanical appliances, with parts arriving every three months.

The company operates as a market leader in the design, supply, and installation of professional foodservice systems across the UK and Ireland. Their website showcases a range of services, including refurbishment, new builds, equipment supply, and installations, with a particular focus on using 3D BIM modelling and CAD software. A key feature is the GastroLab, a space designed to provide clients with a hands-on experience of modern catering technology. The company also has a division, GastroDirect, focused on the direct supply of catering equipment. Recent projects highlighted on their website include work at Durham University, Gleneagles Townhouse, and Middlesbrough Town Hall.

Financially, Gastronorth Ltd presents a mixed picture. While turnover remains undisclosed, net assets decreased by 7.4% to £750,000, and cash reserves fell 22% to £260,000. Debtor levels have dropped significantly, however, which could be a positive sign. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decrease in equity suggests potential financial pressures. Bank borrowings have increased, and creditors are down. As a small company, it is exempt from an audit. It’s unclear if the company is burning through cash, but the financial numbers do indicate a need for careful management.

Registered in England/Wales under the registration number 04592659, with a registered address at NE11 0BU, United Kingdom, Gateshead, Tyne & Wear, Unit 8 Third Avenue, Team Valley Trading Estate.

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