East Suffolk Produce Ltd

East Suffolk Produce Ltd is a small, family-run business from Woodbridge, UK, with an active status. Founded twelve years ago in 2013, the company employs five people and holds £2,773,338 in assets. It operates from a real address and is overseen by six directors and five owners. The company is an irregular importer of electrical machinery and equipment, with just one month of import activity recorded, and a regular exporter of edible vegetables and roots, with four months of export activity.

The company’s website details its role as a grower group, producing 50,000 tonnes of ware and 5,000 tonnes of seed potatoes. It works with thirteen farms across Suffolk and Essex, specializing in early potato production and offering agronomy services. The group also operates a seed business, providing high-quality English seed potatoes with a focus on timely delivery. The website also mentions a focus on environmental sustainability and participation in the UK Trade and Investment passport to export program.

Financially, East Suffolk Produce Ltd’s numbers show some concerning trends. While cash reserves increased by 62% to £1.3 million, current assets decreased by 5.2% to £2.8 million. Trade debtors fell by a significant 30%, suggesting a potential issue with customer payments, and creditors decreased by 19%, which is a positive sign. The company’s net assets increased by 42% to £1 million, and bank borrowings increased, indicating a reliance on external financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decrease in debtors is something to watch. There’s no auditor mentioned, likely due to the company’s small size and exemption from an audit.

Overall, East Suffolk Produce Ltd appears to be navigating a period of change. While its core business of potato production and export seems robust, the financial data suggests a need for careful management of cash flow and customer payments.

Registered in England/Wales under the registration number 08443660, with a registered address at IP12 2QB, England, Woodbridge, Suffolk, Low Farm Bridge Road, Bromeswell.

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