North West Catering Engineers Ltd

North West Catering Engineers Ltd, based in Bolton, UK, is a small, active company established ten years ago. With 47 employees and £3,075,267 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports machinery, boilers, and mechanical appliances—parts, with the latest import in November 2024—but exports irregularly, with the last shipment occurring in August 2021. It’s a leading catering equipment engineering specialist, offering services across the UK.

The company’s website highlights a focus on reliability, knowledge, and straightforward business practices. Services include emergency repairs, maintenance, spares, and turnkey solutions like dry lining and suspended ceilings. They cater to a diverse clientele, from national hotel chains to small, independent outlets. The website also mentions a partnership with the CC Group, suggesting broader industry connections.

Financially, North West Catering Engineers Ltd presents a mixed picture. Cash reserves increased significantly, jumping 68% to £1,000,000, while creditors decreased by 11% and 42% in the last year. However, debtors saw a substantial drop, falling 34% to £1,600,000, and current assets declined slightly by 7.4% to £3,100,000. The number of employees has increased by 36% to 64, which may be a reason for the increase in debtors. Equity grew by 26% to £2,000,000, indicating improved financial health overall. The company is exempt from an audit, so the figures are unaudited.

Despite the positive trends in cash and equity, the decrease in debtors and current assets suggests potential challenges in managing customer payments. The increase in employees, while positive for operations, could also be putting a strain on finances. The company’s small size—meeting two of three criteria for a small business—allows for agility, but the financial data reveals a business that’s actively growing, but needs to keep a close eye on cash flow.

Registered in England/Wales under the registration number 09200290, with a registered address at BL1 2SB, England, Bolton, North West Catering Engineers, Folds Road.

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