East Lothian Produce Limited

East Lothian Produce Ltd from East Lothian UK: a small, active company founded 26 years ago, employs 37 people, and holds £7,230,152 in assets. It’s a real family business with five directors and three owners, operating from a real address. The company regularly imports wood and wood products (for three months) and exports edible vegetables and roots (also for three months).

The company’s core business involves growing vegetables and melons, roots and tubers, and operates from a real address in Haddington. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company is a regular importer, with its top import category being Wood and Wood Products, totaling 3 months of imports. The last import operation was conducted on February 01, 2024. The company is a regular exporter, with its top export categories including Edible Vegetables and Roots, totaling 3 of months exports. The last export operation took place on February 01, 2023.

Financial data reveals a mixed picture. Current assets increased by 8.3% to £7,200,000, while net assets grew by 5.3% to £6,800,000. However, cash bank on hand decreased by 30% to £440,000. Trade debtors increased significantly by 21%, reaching £6,100,000, suggesting possible challenges in collecting payments. Creditors also rose by 22%, to £1,100,000. The company's bank borrowings decreased by 19%, to £180,000. It’s worth noting that the company’s small size helps it stay agile, but the fluctuations in cash reserves and debtors raise questions. As a small company, it is exempt from an audit, so the figures rely on unaudited statements.

The company’s net losses deepened from -£10,000 to -£23,000, while cash reserves plummeted 71% to just £4,100. Trade debtors ballooned by 890%, suggesting possible challenges in collecting payments. Creditors also rose by 22%, to £1,100,000.

Registered in Scotland under the registration number SC185473, with a registered address at EH41 3SJ, East Lothian, 4/9 West Garleton, Haddington.

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