Direct Sourcing Ingredients Limited

Direct Sourcing Ingredients Ltd from Retford UK is a small, active company founded eleven years ago in 2013. With twelve employees and £7,095,532 in assets, it operates from a real address and is managed by two directors and two owners. The company regularly imports prepared or preserved plant-based foods (194 months) and exports edible vegetables and roots (14 months).

The company’s website highlights its role as a supplier of food ingredients to the UK and European markets. As a BRCGS certified supplier, it emphasizes quality, service, and a dedicated sales team. Direct Sourcing Ingredients Ltd offers a wide range of products, including IQF fruit and vegetables, tomato products, herbs, spices, dried fruit, nuts, and more. It also provides technical information and testimonials from satisfied customers, like Shire Foods Ltd and Mackays Ltd, praising its professionalism and helpfulness. The company’s website also features a separate division, 1066 Pianos, which specializes in high-end piano restoration.

Financially, Direct Sourcing Ingredients Ltd has seen some interesting shifts. While bank borrowings increased significantly by 37%, cash reserves also grew by 38% to £86,000. Creditors, however, have more than doubled, reaching £5,000,000, which could indicate increased purchasing activity or potential cash flow management challenges. The company’s current assets also increased by 56% to £7,100,000. The number of employees has also increased by 33% to 16. The company is classified as small, meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

Overall, Direct Sourcing Ingredients Ltd appears to be a growing business, but the increased creditors suggest it's important to monitor its cash flow. The dual focus on food ingredients and piano restoration presents both opportunities and potential complexities.

Registered in England/Wales under the registration number 08628948, with a registered address at DN22 6DF, United Kingdom, Retford, Nottinghamshire, 1st Floor Chancery Lane.

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