Billington Foods Limited

Billington Foods Limited, based in Liverpool, UK, is a sizable company with a long history, having been founded 34 years ago in 1990. With 604 employees and £33,668,067 in assets, it’s a significant player in the UK food industry. The company operates as a holding company and maintains an active trading status, boasting a real registered address and overseen by seven directors and one owner. While it occasionally imports essential oils and perfumes (last import in August 2023) and exports miscellaneous food products (last export in June 2021), these activities are irregular.

The company's core business revolves around the production of meat and poultry meat products, alongside the processing and preserving of fruit and vegetables. It also owns several associated companies: Love Pies Limited, Love Soup Limited, Love Puds Limited, and Moo Co. (uk) Limited. Previous names include Tsc Foods Limited and The Sauce Company Limited, indicating a history of evolution and adaptation.

A review of Billington Foods Limited’s financial data reveals a mixed picture. While turnover remained stable, net assets experienced a significant drop of 72%, falling to £3.7 million. Cash reserves also declined by 61%, settling at £75,000. Bank borrowings were reduced by a substantial 100%, leaving the company with no outstanding debt in this area. Creditors decreased by 18%, suggesting improved debt management, and staff costs fell by 13%. The company meets two of three criteria to be considered a large company: turnover exceeding £36 million and a balance sheet total exceeding £18 million, but employee numbers have decreased from 600 to 540. The company’s auditor is Mitchell Charlesworth (Audit) Limited.

The sharp decline in equity, despite stable turnover, warrants closer examination. It could be attributed to various factors, such as increased investment in assets, changes in accounting policies, or perhaps a strategic shift in operations. The decrease in staff numbers may reflect efforts to streamline processes and improve efficiency. Overall, Billington Foods Limited appears to be navigating a period of transition, with both challenges and opportunities on the horizon.

Registered in England/Wales under the registration number 02499642, with a registered address at L3 1EL, Liverpool, Merseyside, Cunard Building, Water Street.

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