Royd Catering Services Limited

Royd Catering Services Ltd from West Yorkshire UK: a small, active company founded 19 years ago, employs 21 people, and holds £135,095 in assets. It’s a family business with two directors and two owners, boasting a 3.0 Google rating from 146 reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with recent activity in June 2024. It operates in the retail sale of food, beverages, or tobacco.

Royd Catering Services Ltd’s website showcases a diverse range of services, from traditional ice cream van hire for weddings and parties to wholesale ice cream supply and catering events. It even has a presence in high-end piano restoration, operating under the name 1066 Pianos, which is a surprising, but interesting, diversification. The website emphasizes quality, family ownership, and a wide selection of branded products, with a focus on customer satisfaction. The company has a large fleet of ice cream vans and trailers, and even offers bespoke packages tailored to specific needs.

Financially, Royd Catering Services Ltd presents a mixed picture. While current assets have increased by 46% to £140,000, net assets have significantly decreased by 51% to £81,000. Bank borrowings have surged by a staggering 280%, reaching £240,000, and cash reserves have fallen by 14% to £5,100. Creditors have also increased substantially, rising by 280% to £240,000. The company's small size—meeting two of three conditions for being classified as small—allows for flexibility, but the drop in equity is concerning. As a small company, it is exempt from an audit, so the figures are unaudited.

Royd Catering Services Ltd appears to be navigating a period of change, with increased debt potentially reflecting investments in its fleet or expansion of its services. Whether the diversification into piano restoration will provide a buffer against the challenges in the catering industry remains to be seen.

Registered in England/Wales under the registration number 05787193, with a registered address at HX7 5AY, West Yorkshire, 24 Stocks Gardens, Mytholmroyd Hebden Bridge.

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