Babynov Chichester Limited

Babynov Chichester Ltd, based in Chichester, UK, is a large company with an active status, having been founded five years ago in May 2019. Employing 80 people, the company boasts £4,245,067 in assets and generates a yearly revenue of £17,221,009. It operates from a real address and is led by two directors and one owner, who also serves as the solo founder. Google users rate it 4.0 stars based on two reviews. The company regularly imports prepared or preserved plant-based foods (for 50 months) and exports machinery, boilers, and mechanical appliances; parts (for 4 months).

Babynov UK is a manufacturer of high-quality baby food, sauces, gravies, stocks, and sandwich fillers, available in glass jars and flexible pouches. They produce for leading UK brands and retailers, emphasizing high operating standards and a rich heritage. The website highlights their focus on collaboration and nourishing the next generation.

Looking at the financial details, Babynov Chichester Ltd seems to be facing some challenges. While turnover remained steady at £17,000,000, net assets took a significant hit, dropping 76% to -£2,000,000. Cash reserves also declined sharply, falling 72% to £110,000. Bank borrowings increased by 24%, reaching £960,000, which is a concern. On a positive note, creditors decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered a large company: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. The lack of an auditor mentioned, likely due to its size, means these figures are unaudited.

Despite these financial pressures, Babynov Chichester Ltd appears to be a well-established manufacturer, supplying major retailers. The company's focus on quality and heritage, combined with its online presence, suggests a continued effort to maintain market share, though the financial numbers indicate a need for careful management in the coming years.

Registered in England/Wales under the registration number 11997133, with a registered address at PO19 8TX, United Kingdom, Chichester, West Sussex, Unit 12 Terminus Road.

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