Carneco Investments Limited

Carneco Investments Ltd from Leigh-On-Sea UK is a small, active company founded 37 years ago. It employs just three people and holds assets totaling £2,045,444. The registered address is a virtual one, with 148 other companies registered at the same location, which raises some questions. There are three directors and three owners, though the list of owners hasn's been changed in seven years. The company regularly imports meat and edible meat offal, with 30 months of import activity recorded, the latest in September 2024.

The Carneco Group website, currently "coming soon," suggests a broader business with interests in food, finance, and property. Contact information is provided, along with VAT and company registration numbers. The site also mentions a business terms and privacy notice. It's unclear how closely the investments side is linked to the meat import business, but both emphasize British operations.

Financially, Carneco Investments Ltd presents a mixed picture. While cash reserves are strong at £1,400,000, current assets have fallen by 38% to £920,000. Creditors have risen dramatically, increasing by 100% to £1,100,000, which could be a sign of increased borrowing or delayed payments. Trade debtors have also fallen by 14%, suggesting that customers are paying more promptly. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the increase in creditors is something to watch. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Carneco Investments Ltd is a long-standing business facing some financial pressures. The meat import side appears stable, but the broader group’s future depends on managing its debts and exploring new opportunities.

Registered in England/Wales under the registration number 02141278, with a registered address at SS9 1SN, England, Leigh-On-Sea, Essex, Kingsley House, 22-24 Elm Road.

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