Marsdens Caterers Of Sheffield Limited

Marsdens Caterers Of Sheffield Limited, operating from Wembley, UK, is a substantial player in the food service industry, having been established for an impressive 85 years. This large company, holding company, and active status boasts 632 employees and holds assets worth £18,034,704, with a yearly revenue of £33,322,090. While it has a registered address, fifteen companies are registered at the same address, which suggests it might be a virtual address. The company is overseen by two directors and one owner, and regularly imports machinery, boilers, and mechanical appliances—parts, with the last import operation occurring four months ago.

The company operates in the food service sector, specifically as a KFC franchisee. Its website highlights a commitment to quality and customer service, offering a wide range of products and services. It's a well-established brand with a strong presence in the UK market.

Financially, Marsdens Caterers shows some concerning trends. While turnover increased by a healthy 16% to £33 million, net assets have decreased significantly, dropping 30% to £17 million. Bank borrowings have risen dramatically, increasing by 100% to £190,000, while cash reserves have fallen 16% to £2.3 million. Creditors have also increased by 17%, suggesting a potential strain on short-term finances. The company’s size (meeting two of three criteria for a large company) and the lack of an auditor (likely exempt due to size) mean the figures are unaudited. The increase in administrative expenses by 41% could be a contributing factor to the decline in profitability.

Despite these challenges, the company’s long history and established brand suggest resilience. The increase in average number of employees by 3.2% also indicates growth, but whether this can offset the financial pressures remains to be seen.

Registered in England/Wales under the registration number 00358453, with a registered address at HA9 7EX, Wembley, Middlesex, 34-36 London Road.

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