British Premium Meats Limited

British Premium Meats Ltd, based in London, UK, is a sizable company with an active status, having been incorporated eleven years ago in October 2013. The business employs 185 people and generated a revenue of £37.4 million last year. While it has four directors, there are no reported owners, which is a bit unusual. The company’s Google rating is a modest 3.0 based on 37 reviews, indicating room for improvement in customer satisfaction.

The company operates in the other business support service activities n.e.c. industries and is a regular importer, specializing in meat and edible meat offal—importing for 11 months, with the last operation occurring in November 2024. Interestingly, the registered address is a virtual address, as thirty-seven companies share the same location, which is a bit concerning.

According to the website, British Premium Meats is a leading food service butcher offering daily service across a large part of the country. It’s a family-run business since 1986, with a reputation for quality products and service. The company operates from two locations: Welwyn Garden City, Hertfordshire (head office and production facility) and Leeds (distribution for the North). They serve a wide range of sectors, including hotels, restaurants, stadia, education, and healthcare.

Financially, the company’s numbers paint a mixed picture. Accrued liabilities and deferred income increased by 12%, while accumulated amortisation and impairment of intangible assets rose by 10%. Depreciation expenses for property, plant, and equipment increased significantly by 29%, suggesting investment in assets. However, the company’s comprehensive income expense plummeted to a loss of -£590,000, a substantial decrease from the previous year. Bank borrowings remained stable, but cash and cash equivalents decreased by 73%, a worrying trend. Despite this, administrative expenses increased by 18%, indicating rising operational costs. The company’s turnover increased by 4.1% to £37.4 million, but it’s unclear whether this growth offset the increased expenses and losses. The company was audited by Blick Rothenberg Audit LLP.

In conclusion, British Premium Meats Ltd is a large company facing challenges. While it maintains a strong presence in the food service sector, the financial results suggest it’s burning through money, and the virtual address raises questions about its operational transparency.

Registered in England/Wales under the registration number 08715531, with a registered address at EC1R 5HL, United Kingdom, London, 3 Coldbath Square.

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