Pizza Equipment Limited

Pizza Equipment Limited, based in Stevenage, UK, is a small, holding company with an active status, celebrating 34 years in business. Founded in 1990, the company employs eight people and holds £422,610 in assets. It operates from a real address and is overseen by three directors and a single owner. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 58 months of import activity recorded, and exports electrical machinery and equipment, with 21 months of export activity.

Pizza Equipment Limited’s core business revolves around supplying commercial pizza ovens and catering equipment, as evidenced by its online store and showroom. The company offers a wide range of products, from ovens and mixers to pizza accessories and fast food equipment, catering to both independent restaurants and larger chains. The website highlights a focus on quality, expertise, and customer support, positioning the company as a specialist in the pizza equipment market.

Financially, Pizza Equipment Limited shows a mixed picture. Cash bank on hand dropped significantly by 41%, falling to £77,000, while net assets increased by 8.6%, reaching £460,000. Creditors decreased by 18%, suggesting improved debt management, but trade debtors increased by 31%, which could indicate delayed customer payments. Director remuneration rose by 25%, reaching £30,000. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), and the lack of an auditor mentioned likely means the accounts are unaudited.

While the company’s revenue appears stable, the decline in cash reserves and increase in trade debtors suggest potential cash flow challenges. The rise in director remuneration, however, could reflect increased responsibilities or a more structured management approach. The company’s long history and established reputation in the pizza equipment market provide a solid foundation, but ongoing financial monitoring will be crucial for sustained success.

Registered in England/Wales under the registration number 02522697, with a registered address at SG1 2DX, England, Stevenage, Hertfordshire, C/O Robert A Harris & Co, Business And Technology Centre, Bessemer Drive.

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