Gradegold Catering Limited

Gradegold Catering Limited, based in Greenford, UK, is a small, active company established 31 years ago. With 122 employees and £4,480,718 in assets, it’s a significant player in the local catering scene. The business, run by seven directors and one owner, maintains a strong 4.0 Google rating from 38 reviews, and regularly imports edible vegetables and roots—a consistent 77 months of import activity recorded.

The company operates in the wholesale of fruit and vegetables, supplying businesses and potentially restaurants. While a website isn't available to analyze, the import focus suggests a B2B model rather than direct consumer sales. It’s likely they source produce and distribute it to other businesses, rather than operating a retail storefront.

Financially, Gradegold Catering Limited presents a mixed picture. While cash bank on hand increased by a healthy 41% to £1.8 million, net assets liabilities still grew by 51% to £4.6 million. The number of employees decreased significantly by 35%, dropping to 79—a potential sign of restructuring or cost-cutting measures. Trade debtors rose by 37%, indicating a possible increase in outstanding invoices or a shift in payment terms with customers. On a positive note, creditors decreased by 10%, suggesting better management of short-term debts. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in employees and the increase in liabilities are points to watch. No auditor is mentioned, likely due to the company's small size and exemption from an audit. The accounts are abridged and unaudited.

In conclusion, Gradegold Catering Limited is a long-standing business facing the typical challenges of a growing company. While the import activity and asset base remain strong, the decrease in employees and increase in liabilities warrants careful monitoring.

Registered in England/Wales under the registration number 02909695, with a registered address at UB6 8GB, Greenford, Middlesex, Unit 6/7 Kelvin Industrial Estate, Long Drive.

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