Channel Meats Limited

Channel Meats Limited, based in Smithfield, London, is a sizable, active company established 39 years ago. Employing 24 individuals, it holds assets valued at £8,958,842 and generates a yearly revenue of £35,184,746. With a real address and three directors, the company is owned by Murphy Adam Mark Edward. It boasts a respectable Google rating of 4.0 based on nine reviews and regularly imports meat and edible meat offal, with 380 months of import activity recorded.

The company's core business revolves around the wholesale of meat and meat products, and the retail sale of meat and meat products in specialised stores. It also owns Edward Price & Partners Limited and Smithfield Beef Company Ltd. It was previously known as Fromarch Limited. A key aspect of its operations is its role as a regular importer, with meat and edible meat offal being its top import category.

Financially, Channel Meats Limited presents a mixed picture. While turnover remained steady at £35,184,746, net assets declined by 40% to £6,600,000. Cash bank on hand decreased by 3.1% to £5,600,000. However, cash cash equivalents also fell by 0.0% to £5,400,000. Creditors decreased by 44% to £2,400,000, suggesting improved debt management. The company is classified as a large company, meeting two of three conditions: turnover exceeding £36 million and balance sheet total exceeding £18 million.

The company’s financial statements were audited by Clemence Hoar Cummings. The decline in net assets, despite stable turnover, could be attributed to increased operating expenses, which rose by 10%. The company's ability to maintain a strong Google rating while navigating these financial pressures suggests a focus on customer service and product quality. It's a company that's been around for a long time, and while it’s facing some challenges, it’s clearly trying to maintain its position in the meat wholesale and retail market.

Registered in England/Wales under the registration number 01998530, with a registered address at EC1A 9PS, Smithfield, London, 31 Central Markets, West Market Building.

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