Cumberland Meat Packers Limited

Cumberland Meat Packers Limited, based in Coventry, UK, is a medium-sized holding company with a solid 47-year history. Employing 97 people and holding assets worth £10.3 million, the company generated £40.4 million in revenue last year. It has four directors and one owner, maintains a real address, and enjoys a respectable 4.0-star Google rating from eight reviews. The company irregularly imports essential oils and perfumes, with the last import operation occurring one month ago.

Beyond its core meat processing business, Cumberland Meat Packers Limited also owns Steak Direct Limited, indicating a diversified portfolio. The company's registered address is located within an industrial estate, shared by only three other businesses, suggesting a relatively low profile. The company has been incorporated since November 29, 1977.

Financially, Cumberland Meat Packers Limited presents a mixed picture. While cash reserves increased significantly by 1000%, jumping to £5.7 million, trade debtors decreased by 56%, falling to £3.2 million—a potentially concerning trend. Bank borrowings have disappeared completely, a positive sign, but net assets have fallen by 12%, landing at £9.1 million. Creditors have increased by 12%, reaching £1.4 million. The company’s turnover decreased by 9.2% to £40.4 million. Despite these challenges, the company’s size (meeting two of three criteria for medium-sized companies) allows for flexibility. The company’s auditor is Flint & Thompson, and the accounts are audited.

The increased cash reserves could be a result of better working capital management, or perhaps a slowdown in business activity. The decrease in trade debtors could signal difficulties in collecting payments from customers. It’s possible that the company is navigating a competitive market or facing rising costs, which could be impacting its profitability. The accounts are prepared in accordance with the provisions relating to medium companies.

Registered in England/Wales under the registration number 01341075, with a registered address at CV2 2LD, United Kingdom, Coventry, Cumberland Meat Packers Barlow Road, Aldermans Green Industrial Estate.

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