Capel Mushrooms Limited

Capel Mushrooms Ltd, based in Ipswich, UK, is a small, family-run business with an active status. Founded 25 years ago in 1999, it employs 20 people and holds £241,598 in assets. With five directors and two owners, the company operates from a real address and boasts a solid 4.0 Google rating based on 30 reviews. It’s an irregular importer, with its top import category being treated or layered fabrics for industrial use, totaling one month of imports, the last operation conducted in August 2022.

The company’s core business revolves around the growing of vegetables and melons, roots and tubers—a traditional agricultural pursuit. While a website isn’t available, this suggests a focus on wholesale or direct sales rather than a consumer-facing e-commerce operation. The family business aspect points to a long-standing presence in the local agricultural community.

Financially, Capel Mushrooms Ltd presents a mixed picture. Current assets have fallen by 25% to £240,000, while net assets have decreased by 32% to £160,000. Bank borrowings have increased by 2400%, reaching £29,000, and cash reserves have fallen 86% to £9,400. Creditors have decreased by 9.6%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. No auditor is mentioned, likely exempt as a small company, so the figures rely on unaudited statements.

Overall, Capel Mushrooms Ltd appears to be facing some financial pressures, despite its established presence and positive Google reviews. Whether the company can maintain its operations and navigate these challenges remains to be seen, but the family-run nature of the business suggests a strong commitment to its roots and a determination to persevere.

Registered in England/Wales under the registration number 03861987, with a registered address at IP9 2LA, United Kingdom, Ipswich, Suffolk, Churchford Grange, Capel St Mary.

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