Industrial Laundry Equipment Ltd

Industrial Laundry Equipment Ltd is a small, family-run company based in London, UK. Founded five years ago in 2019, it's an active business with two employees and £681,850 in assets. The company operates from a virtual address, registered at N1 7GU, England, London, 20-22 Wenlock Road, which is shared by a large number of other businesses. It's managed by two directors and two owners, Debra and Richard Brown.

The company specializes in importing machinery, boilers, and mechanical appliances, with a consistent record of imports spanning 41 months, the last occurring in April 2024. It operates as an agent involved in the sale of machinery, industrial equipment, ships, and aircraft. Its website showcases a wide range of commercial laundry equipment, targeting sectors like public sector, care homes, hotels, and equestrian facilities. The site emphasizes durable, high-performing machines, expert support, and even a unique 5-year service care plan.

Financially, Industrial Laundry Equipment Ltd presents a mixed picture. While cash bank on hand has increased significantly by 250% to £49,000, current assets have decreased by 20% to £680,000. Creditors have fallen by a substantial 42% to £290,000, which could indicate improved debt management. However, trade debtors have risen by 110% to £290,000, suggesting potential challenges with customer payments. The company's small size (meeting two of three conditions for being a small company) helps it remain flexible, but the decline in net assets—down 6.6% to £420,000—is something to watch. As a small company, it’s exempt from an audit, so these figures are unaudited.

Registered in England/Wales under the registration number 12174000, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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