Destination Produce Limited

Destination Produce Ltd, based in Spalding, UK, is a small holding company with an active status, founded just one year ago. The company employs five people and holds £854,063 in assets, operating from a real address with six directors and one owner. It’s a regular importer, bringing in edible fruits and nuts for 30 months, with the last import operation occurring in February 2025.

The company's activities center around the wholesale of fruit and vegetables, indicating a focus on supplying businesses rather than directly selling to consumers. While no website is available to analyze, the import focus suggests a business model reliant on sourcing products internationally and distributing them within the UK.

Financially, Destination Produce Ltd presents a mixed picture. Cash bank on hand remains steady at £200,000, but current assets have decreased by 1.1% to £850,000. Trade debtors have increased by 3.3% to £540,000, which could be a sign of delayed payments from customers. Creditors have also risen by 1.1% to £750,000, and bank borrowings increased by 1.1% to £33,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors could indicate a need to manage cash flow more closely. There's no mention of an auditor, likely due to the company's small size and exemption from an audit. The company’s net assets are £110,000.

Registered in England/Wales under the registration number 15287440, with a registered address at PE11 3YR, England, Spalding, Office 10, 3-5 Enterprise Way, Pinchbeck.

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