The Direct Tableware Company Limited

The Direct Tableware Company Limited, based in Royston, UK, is a small holding company with an active status, having operated for 32 years. Employing 11 people, the company holds assets valued at £1,168,842 and maintains a real address. It's led by two directors and owned by one individual, and operates an e-commerce site with a solid 4.0 Google rating based on seven reviews. The company regularly imports aluminum and aluminum products (41 months) and exports ceramic products (18 months).

The company's website showcases a vast range of catering equipment and supplies, catering to restaurants, hotels, and other food service establishments. It's a wholesale supplier, offering everything from cutlery and crockery to glassware, food display items, and beverage service solutions. The site highlights a showroom visit option and emphasizes free delivery for orders over £150. The website’s product categories are extensive, indicating a broad offering and a focus on both essential items and specialized equipment.

Financially, The Direct Tableware Company Limited presents a mixed picture. Accrued liabilities have significantly increased by 420%, reaching £83,000, while cash bank on hand decreased by 14% to £240,000. Bank borrowings were reduced by 10%, to £56,000, and trade debtors increased by 20%, to £610,000. Depreciation expense has risen sharply by 84%, to £48,000, which could reflect investments in new equipment. Net assets, however, increased by 15%, to £400,000. 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 increase in liabilities suggests a need for careful financial management. No auditor is mentioned, which is typical for small companies.

Overall, The Direct Tableware Company Limited appears to be a stable, albeit modestly sized, business navigating the challenges of the catering equipment market. The company's focus on e-commerce and diverse product range position it well, but continued monitoring of its financial trends will be important.

Registered in England/Wales under the registration number 02764881, with a registered address at SG8 7AG, Royston, Hertfordshire, Cutlers House, Lumen Road.

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