Dewing Grain Limited

Dewing Grain Limited, based in Norwich, UK, is a holding company with an active status, established thirteen years ago in 2011. Employing eleven people and boasting assets of £12,685,918, the company operates from a real address in Aylsham, Norfolk, and is overseen by eight directors and a single owner. It maintains a stellar 5.0 Google rating based on eleven reviews. A regular importer, Dewing Grain specializes in animal feed and food waste, with nineteen months of import activity recorded, the last in January 2021.

The company's website reveals a multifaceted operation beyond grain marketing and storage. Dewing Grain isn’t just about buying and selling; it’s a hub for agricultural information and services. The site prominently features real-time futures prices for wheat, corn, rapeseed, and soybeans—a valuable resource for farmers and traders. It also includes a podcast with Andrew Dewing, the company’s founder, offering market insights and advice. A free app provides farmers with access to industry data and trading tools. Storage facilities throughout Norfolk and Suffolk allow farmers to mitigate risks associated with weather and market volatility.

Financially, Dewing Grain presents a mixed picture. While net assets increased by 13% to £3,400,000, cash reserves decreased by 78% to £250,000. Bank borrowings surged by 1200%, reaching £820,000—a significant increase. Creditors also rose by 78%, to £11,000,000. Trade debtors increased by 67%, reaching £8,300,000. The company’s average number of employees increased by 18%, to thirteen. Despite these changes, the company’s core business of grain trading and storage appears to be ongoing. With no auditor mentioned, the financial statements are unaudited.

The surge in bank borrowings and the decrease in cash reserves could indicate increased investment in storage facilities or expanded trading operations. The increase in trade debtors suggests potential delays in customer payments, or perhaps an expansion of credit terms. Overall, Dewing Grain Limited appears to be navigating a period of change and growth, though the financial figures warrant close monitoring.

Registered in England/Wales under the registration number 07660591, with a registered address at NR11 6LP, Norwich, Norfolk, Dewing Grain Offices Banningham Road, Aylsham.

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