Peaks Catering Ltd

Peaks Catering Ltd, based in Portsmouth, UK, is a small, family-run business with an active status. Founded six years ago in 2018, it employs five people and holds £155,371 in assets. The company operates from a real address and is managed by two directors and three owners. Peaks Catering Ltd has a modest 2.0 Google rating based on just three reviews, and it’s an irregular importer, primarily dealing in ceramic products with just one month of import activity recorded as of November 2024.

The company’s website is currently unavailable, making it difficult to assess its online presence or specific services offered. However, it’s known to operate in the event catering activities industries, suggesting a focus on providing food and beverage services for various events. It’s a tight-knit operation, with family members holding key roles as directors and owners.

Financially, Peaks Catering Ltd shows a mixed picture. Current assets increased by a small 1.4% to £160,000, while net assets grew by 43% to £290,000. However, bank borrowings decreased by 34%, and cash reserves dropped by 24% to £120,000. Trade debtors have ballooned by 1400%, which could indicate a need to improve collection processes. 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 flexibility, but the significant increase in debtors warrants closer attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Peaks Catering Ltd appears to be navigating a period of change. While the company’s assets and equity have grown, the increase in debtors suggests a need to manage cash flow more effectively. The family-run nature of the business could be both a strength and a challenge, depending on its ability to adapt to evolving market conditions.

Registered in England/Wales under the registration number 11511024, with a registered address at PO6 1RU, United Kingdom, Portsmouth, 49a Fitzherbert Road.

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