Amato Food Products Limited

Amato Food Products Ltd from Manchester UK: a large company, holding company, and active status, was founded 13 years ago. With 46 employees and £6,248,475 in assets, the company generated £17,958,089 in yearly revenue. It operates from a real address, is managed by two directors, and owned by one person. A Google rating of 5.0 based on 75 reviews suggests strong customer satisfaction, and it regularly imports dairy, eggs, honey, and edible animal products – a total of 193 months of imports.

The company functions as a foodservice provider, as evidenced by its website. It seems to focus on B2B sales, with no obvious e-commerce presence for direct consumer purchases. The site highlights its address and copyright information, and it’s clear the company is actively engaged in the food wholesale industry.

Financially, Amato Food Products Ltd presents a mixed picture. While turnover remained stable, net assets decreased by 12%, dropping to £5,300,000. Bank balances shrunk by 35%, settling at £810,000, and trade debtors increased significantly, rising by 66% to £1,900,000. A surge in other creditors, up 340% to £400,000, suggests increased reliance on short-term financing. The company’s size – meeting two of three criteria for a large company – and the absence of an auditor (likely exempt) mean the figures are unaudited.

The substantial increase in administrative expenses, up 23% to £1,300,000, is worth noting, as is the large increase in director’s remuneration, which rose by 480% to £250,000. The company’s directors, Amato Robert Michael and Amato Dolores, appear to be actively involved, and the surge in borrowing, up 2,400% to £29,000, could indicate investment or working capital needs. It’s possible the company is experiencing growing pains as it expands its operations, but the need to manage debt and control costs will be crucial for its long-term success.

Registered in England/Wales under the registration number 07675912, with a registered address at M1 2NS, Manchester, 6 St. Andrews Square.

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