Brands Direct Limited

Brands Direct Ltd, based in Colchester, UK, is a medium-sized company with a 29-year history and 49 employees. The company boasts £7,085,290 in assets and a yearly revenue of £14,445,323. It's an active business with a real address and managed by a single director and owner, who is also the solo founder. A respectable Google rating of 4.0 from six reviews suggests customer satisfaction. The company regularly imports cereal and milk-based food products (202 months) and exports miscellaneous food products (17 months).

Brands Direct Ltd operates as a Category Management solution provider, sourcing and creating unique products to high technical standards. They work closely with manufacturing partners to develop first-to-market concepts across drinks, infant foods, and gluten-free ranges. Their business ethos centers on building long-term relationships with retailers and manufacturers, creating sustainable and profitable products. The company also provides services to a wide range of businesses, including private label cheese offerings.

Looking at the financials, there’s a mixed picture. Accrued liabilities and deferred income have increased significantly, jumping 320%, while depreciation on furniture and fittings has decreased by 72%. Administrative expenses have risen by 30%, and cash and bank holdings have remained stable. However, a concerning trend is the decrease in average employees, dropping 16% to 41. The company’s turnover has increased by 19%, a positive sign, but net assets have also decreased. A notable increase in bank borrowings, up 2400%, suggests the company may be relying more on debt financing.

The company's financial data suggests a period of change. While revenue is up, the increased reliance on borrowing and decrease in employee numbers may indicate a need for careful management. The lack of an auditor mentioned suggests the company is exempt from an audit, which is common for smaller businesses. It’s likely the company is navigating a period of growth and expansion, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 03127307, with a registered address at CO6 2JX, United Kingdom, Colchester, Essex, New Barns, Unit 2 Coggeshall Road, Earls Colne.

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