Allan Reeder Limited

Allan Reeder Limited, based in London, UK, is a sizable family business with a 49-year history, currently employing 97 people. The company boasts significant assets of £7,922,961 and generates a yearly revenue of £47,488,564. Despite its size, the registered address is a virtual one, shared by 145 other companies, which raises some questions. The company is led by three directors and two owners, with Reeder Allan and Reeder Heidi Joanne at the helm. It has a Google rating of 3.0 based on 42 reviews. Allan Reeder Limited is a regular importer, specializing in dairy, eggs, honey, and edible animal products, with a 274-month import record.

The company operates in the wholesale food and beverage sector, specifically focusing on dairy products. It's a significant player in this market, with a substantial turnover and asset base. The virtual address suggests a cost-effective approach to business operations, though it could also indicate a lack of physical presence. Allan Reeder Limited’s website isn’t readily available, so it’s difficult to determine if it’s an e-commerce operation or relies solely on B2B wholesale channels.

Financially, Allan Reeder Limited presents a mixed picture. While turnover has increased by 25%, net assets have decreased significantly, dropping 73% to £3,300,000. Bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves have fallen 30% to £28,000. Creditors have decreased by 18%, suggesting better debt management. The company’s size qualifies it as a large business, having met two of three criteria. It’s worth noting that the company’s financial statements are unaudited, relying on director-reported data. The increase in borrowings and decrease in cash reserves, alongside the significant drop in net assets, could indicate that the company is burning through cash faster than it’s generating revenue, or perhaps investing heavily in growth initiatives. The lack of an auditor mentioned suggests the company is exempt from an audit, which is common for smaller businesses.

Registered in England/Wales under the registration number 01228427, with a registered address at E14 9NN, England, London, Suite 2a, 7th Floor - Pf City Reach, 5 Greenwich View Place.

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