Universal Foodservice Spares & Equipment Ltd

Universal Foodservice Spares & Equipment Ltd, based in Redhill, UK, is a small, active company founded just three years ago. With a single employee and £8,273 in assets, it operates from a virtual address – a detail highlighted by the fact twelve companies share the same registration address. It's a solo founder operation, managed by a single director and owner, Natasha Lee Howard Mcinerney, and enjoys a stellar 5.0 Google rating from seventeen reviews. The company’s primary focus is the non-specialised wholesale trade and retail sales via mail order and internet.

The company’s website is minimal, offering little insight into its operations beyond its core business. It appears to be primarily focused on facilitating sales rather than showcasing a complex online store. There's no obvious e-commerce platform or detailed product catalog, suggesting a more straightforward, transactional approach to sales.

Financially, Universal Foodservice Spares & Equipment Ltd presents a mixed picture. While current assets increased by 21%, rising to £8,300, cash reserves declined by 5.7%, settling at £6,400. Trade debtors experienced a dramatic surge, increasing by 5000% to £1,900, which could indicate a recent expansion of credit terms or delayed customer payments. Conversely, creditors also rose by 5.2%, reaching £5,300. Equity saw a significant boost, jumping 160% to £4,800, likely driven by retained earnings. The company’s small size (meeting two of three conditions for being classified as small) means it benefits from simplified reporting requirements, and no auditor is mentioned, relying on unaudited financial statements.

The increase in debtors is something to keep an eye on, as it could be a sign of potential cash flow issues down the line. The rise in equity, however, suggests the company is retaining profits and building a stronger financial base. Overall, Universal Foodservice Spares & Equipment Ltd seems to be navigating the challenges of a small business, with a solid reputation and a focus on core wholesale and retail activities.

Registered in England/Wales under the registration number 13966951, with a registered address at RH1 4QP, England, Redhill, The Granary Brewer Street, Bletchingley.

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