Northern Refrigeration & Catering Equipment Ltd.

Northern Refrigeration & Catering Equipment Ltd, based in Sheffield, UK, is a small, active family business established 29 years ago. Employing nine people, the company holds £1,373,352 in assets and maintains a real address at Eckington Business Park. With one director and two owners, it boasts a perfect 5.0 Google rating based on two reviews. The company regularly imports electrical machinery and equipment, with the latest activity recorded just last month.

The company’s website details a comprehensive service offering, encompassing design, fabrication, equipment supply, and maintenance for commercial kitchens. It’s clear they aren’t just retailers; they’re integrators, partnering with leading brands like BlueSeal, Rational, and Electrolux. A key differentiator is their sister company, Norfabs Ltd, a stainless-steel fabrication manufacturer, allowing them to offer bespoke kitchen solutions. The website showcases recent projects and even hints at a £1 million kitchen and bar project starting in 2020.

Financially, Northern Refrigeration & Catering Equipment Ltd presents a mixed picture. Current assets increased by 6.5% to £1.4 million, while net assets surged a remarkable 160% to £140,000 – a significant turnaround. Bank borrowings increased by 27% to £630,000, and cash reserves fell 30% to £28,000. Creditors decreased by 20%, 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) allows for agility, but the increase in bank borrowings is something to keep an eye on. No auditor is mentioned, likely due to the company’s small size and exemption from audit.

Overall, Northern Refrigeration & Catering Equipment Ltd seems to be navigating a period of growth, leveraging its fabrication capabilities and strong supplier relationships. While the increase in borrowing is a factor, the company’s positive Google rating and focus on bespoke solutions suggest a solid foundation for continued success.

Registered in England/Wales under the registration number 03077049, with a registered address at S21 4HL, Sheffield, South Yorkshire, Eckington Business Park, Rotherside Road Eckington.

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