Latek Catering Equipment Limited

Latek Catering Equipment Ltd from London UK: a small, active company founded six years ago, employs four people, and holds £226,891 in assets. With a real address, two directors, and two owners, it boasts a stellar 5.0 Google rating from ten reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts, with a history of nine months of import activity. It operates in the other retail sale not in stores, stalls or markets industries.

The company’s website, Latek Catering Shopping Cart, showcases a range of catering equipment for sale, from American pizza pans to kebab machines and pizza ovens. The site features new products and specials, with a focus on brands like Prismafood and Cobol. It seems to operate primarily as an e-commerce platform, allowing customers to browse and purchase equipment online. The website also has a member login section, suggesting a potential loyalty program or wholesale opportunities.

Financially, Latek Catering Equipment Ltd presents a mixed picture. Current assets have decreased by 23% to £230,000, while net assets have increased by 24% to £39,000. Bank borrowings have decreased by 29% to £24,000, and cash reserves have increased by 14% to £4,800. Creditors have decreased by 6.6%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decrease in total inventories by 25% may indicate a need to manage stock levels more effectively. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Latek Catering Equipment Ltd appears to be navigating a period of change. While the company’s financial health is stable, the decrease in assets and inventories suggests a need for careful management. The company’s online presence and positive customer reviews are encouraging signs, but continued monitoring of financial trends will be important for long-term success.

Registered in England/Wales under the registration number 11747784, with a registered address at N8 0SJ, United Kingdom, London, 5 Wordsworth Parade, Green Lanes.

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