Community Foods Limited

Community Foods Ltd, based in Witham, UK, is a substantial player in the dried food wholesale industry, boasting a 4.0 Google rating from 25 reviews. Established 47 years ago in 1977, this holding company employs 166 people and operates from a real address, managed by seven directors and one owner. The company regularly imports edible fruits and nuts (1046 months) and exports oil seeds and fruits used for oil (90 months).

The company's website highlights its diverse retail and wholesale operations, supplying natural and organic dried foods to customers worldwide. It also showcases several brands, including Bonsoy, Crazy Jack, Jumble Bee, Natural Days, Sanchi, Shady Maple Farms, Tarantella, and Own Label. Recent news items detail partnerships, funding, and initiatives focused on sustainability and organic growth. The website also features a blog with ingredients updates, demonstrating a commitment to informing customers.

Financially, Community Foods Ltd presents a mixed picture. While bank borrowings increased by 16% to £12 million, cash reserves saw a dramatic rise of 1100% to £1.1 million. Net assets, however, decreased by 100% to -£100,000, a significant shift. Director remuneration decreased by 5.1% to £790,000, and staff costs rose by 5.8% to £6.5 million. Creditors decreased by 8.7%, suggesting improved debt management. The company meets two of three criteria for a large company, with a turnover exceeding £36 million and balance sheet total exceeding £18 million, but the decrease in net assets warrants further investigation. The accounts were audited by Blick Rothenberg Audit LLP.

It seems the company is navigating a period of change, with increased borrowing potentially fueling expansion while the decline in net assets suggests some financial pressures. The continued focus on retail and wholesale operations, combined with the growth of its brands, indicates a resilient business model, but careful management will be needed to ensure long-term stability.

Registered in England/Wales under the registration number 01328083, with a registered address at CM8 3YQ, England, Witham, Community House, 29 - 31 Eastways.

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