Midshires Catering Equipment Limited

Midshires Catering Equipment Ltd from Loughborough UK is a small, active company founded fifteen years ago. Employing five people, it holds £186,914 in assets and operates from a real address. With one director and one owner, the company boasts a respectable Google rating of 4.0 based on six reviews. It's a regular importer of machinery, boilers, and mechanical appliances, with parts imported for seven months, the last operation occurring in November 2023.

The company's website showcases a focus on sales, rentals, repairs, and maintenance of catering equipment. It's clear they cater to restaurants, public houses, sports facilities, and catering companies, offering both sales and rental options. They even have a facility for engineer training and product demonstrations, including showcasing Retigo combi ovens and Krupps warewashers. A clearance section offers discounted equipment, and a "How Do You Do That?" page provides helpful repair and maintenance tips. They also offer fast, friendly service and efficient repairs on a wide range of kitchen appliances, from dishwashers to walk-in freezers.

Financially, Midshires Catering Equipment Ltd shows a mixed picture. Current assets decreased by 11%, falling to £190,000, while bank borrowings increased significantly by 90%, reaching £11,000. Cash reserves also declined by 16%, ending at £83,000. Creditors, however, decreased by 14%, suggesting improved debt management. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible. The company’s net assets increased by 23%, reaching £300,000. With no auditor mentioned, the financial statements are unaudited. The company’s turnover is under £10.2 million, balance sheet total is under £5.1 million, and average number of employees is less than 50. It's likely that the increased bank borrowings are to support growth, but the decrease in cash reserves warrants monitoring.

Registered in England/Wales under the registration number 07142923, with a registered address at LE11 1ED, England, Loughborough, 27 Duke Street.

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