Northern Dairy Equipment Ltd

Northern Dairy Equipment Ltd, based in Preston, UK, is a small, active company established nineteen years ago in 2005. With seven employees and £1,948,632 in assets, it operates from a real address and is overseen by four directors, with one owner listed. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 25 months of import activity recorded, and exports similar items, boasting 202 months of export activity. It’s a wholesale business, operating in the machinery and equipment sector.

The company's website is non-existent, making it difficult to assess its online presence and marketing efforts. Without a website, it likely relies on direct sales, trade shows, or other offline channels to reach its customers.

Financially, Northern Dairy Equipment Ltd shows a mixed picture. Cash reserves have increased significantly, jumping 230% to £1,100,000. However, trade debtors have decreased by 34%, falling to £320,000, which could indicate slower customer payments. Creditors have also increased by 33%, reaching £1,900,000, suggesting increased borrowing or supplier payments. On the positive side, retained earnings have increased by 13%, rising to £220,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors should be monitored. The company is exempt from an audit, so the financials are unaudited.

The company’s employee numbers have increased by 57%, from seven to eleven, which could be a sign of growth or increased workload. The owner, Wiggans Mathew Robert, and the other directors, Wiggans Deborah, Wiggans John Brian, and Wiggans Deborah, have all had their details changed four years ago, suggesting a possible restructuring or update of company governance. The list of owners was changed four months ago, which is a good sign to sell them something.

Registered in England/Wales under the registration number 05627246, with a registered address at PR4 0RA, Preston, Lancashire, Clock House Farm, Lea Road, Lea Town.

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