Biofresh Group Limited
- Small
- Active
- 14 years
- 13 employees
- £327,076 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 1 month ago, a good sign to sell them something.
Field of Operation
Website
Summary
Biofresh Group Limited, based in Stocksfield, UK, is a small, active company established 14 years ago. With 13 employees and £327,076 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports optical and medical tools and devices (23 months) and exports electrical machinery and equipment (31 months), with the last operations both occurring in September 2024.
The company's website, Biofresh Safestore, focuses on suppressing potato sprouting using ethylene. It's a technology-driven business, offering a “smarter” system for potato storage, emphasizing safety, accuracy, and cost efficiency. The site details the benefits of their Safestore system, highlighting its versatility, reliability, and ease of use. It even has a section dedicated to frequently asked questions about ethylene treatment, positioning Safestore as the preferred solution. The company also provides support and technical assistance, even offering 24/7 support.
Financially, Biofresh Group Limited shows some concerning trends. Current assets have fallen significantly by 44%, dropping to £330,000. Net assets have also declined substantially, plummeting 63% to -£540,000. Bank borrowings have decreased by 28%, reaching £130,000, and cash reserves have evaporated, falling 99% to just £43. Trade debtors have increased by 12%, suggesting potential issues with customer payments. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, so the figures are unaudited.
Overall, Biofresh Group Limited appears to be facing financial headwinds. While its Safestore technology shows promise, the sharp decline in equity and cash reserves warrants close monitoring. The company's ability to sustain its operations and capitalize on its technological advantage will depend on addressing these financial challenges.
Registered in England/Wales under the registration number 07591817, with a registered address at NE43 7AL, United Kingdom, Stocksfield, Northumberland, Unit 3 Bearl Farm Business Park.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 2
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 14 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Termination of appointment of Harald Ernest Smart as a director on 2025-06-03Download 1 page pdf report
-
Confirmation statement made on 2024-12-28 with no updatesDownload 3 pages pdf report
-
Termination of appointment of Quentin Caisley as a secretary on 2024-12-09Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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FAQ about Biofresh Group Limited
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