Avondale Foods (craigavon) Limited

Avondale Foods Craigavon Ltd, based in Craigavon, Northern Ireland, is a large, active company established 43 years ago in 1981. Employing 462 people, it holds assets totaling £30,326,038. The company, with five directors but no listed owners, maintains a real address and boasts a strong 4.0 Google rating from 34 reviews. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances parts, with recent activity recorded three months ago.

Avondale Foods is a leading manufacturer and supplier of bagged salads, side salads, vegetable accompaniments, soups, sauces, and dips. Its website highlights a focus on fresh products for major retailers in the UK and Ireland, including side salads, vegetable accompaniments, oat drinks, porridge, sauces, and noodles. Founded in 01965 by Harry and Derek Geddis, the company started with a family farm and has evolved into a significant player in the food industry, even manufacturing its own brand coleslaws and potato salads under the "Country Kitchen" label. The company also offers recruitment opportunities, including apprenticeships and graduate roles.

Financially, Avondale Foods presents a mixed picture. While current assets remained relatively stable at £30 million, net assets increased by 11% to £37 million. Bank borrowings decreased significantly, falling 100% to zero, and cash reserves grew by 9% to £15 million. However, net losses deepened by 65% to -£2.9 million, and trade debtors increased by 12%, suggesting potential payment delays. Creditors also rose by 35%, which could be related to increased inventory levels. The company’s large size (meeting two of three criteria for a large company) and continued growth in assets suggests a stable foundation, but the increase in losses warrants attention. The company’s financial statements were audited by GMcG PORTADOWN, providing an external validation of its performance. Overall, Avondale Foods appears to be a robust operation, navigating challenges while maintaining its position as a key supplier in the food industry, though a closer eye on profitability would be benificial.

Registered in Northern Ireland under the registration number NI015099, with a registered address at BT66 8TB, Craigavon, County Armagh, . Dukestown Lane, Lurgan.

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