Easters (norwich) Limited

Easters Norwich Ltd from Norwich UK: a small, active company founded 14 years ago, employs 45 people, and holds assets worth £1,408,807. It’s a real address with two directors and one owner, who is also the solo founder, and boasts a stellar 5.0 Google rating from 20 reviews. The company regularly imports wood and wood products, with its last import operation occurring three months ago in June 2023.

The company operates as a thriving, family-run fruit and veg wholesaler, supplying fresh produce to restaurants, hotels, pubs, schools, shops, factories, and caterers. Easters has been a family business for over 40 years, emphasizing local expertise and fresh produce. The company also runs a separate venture, Easters of Norwich Dairy, offering a range of dairy products. The website showcases a commitment to customer service, with a focus on local sourcing and seasonal availability.

Financially, Easters Norwich Ltd presents a mixed picture. Current assets increased by 19% to £1,400,000, while net assets rose by 20% to £1,200,000. Bank borrowings decreased by 40%, suggesting better debt management. However, cash reserves fell by 96%, to £32,000, and trade debtors increased by 6.1%. Creditors decreased by 6.7%. The company meets the criteria for a small company, with 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.

While the company's assets are growing, the significant drop in cash reserves is a concern. It suggests that the company is reinvesting heavily in its operations or facing cash flow challenges. The growth in trade debtors may also indicate a need to improve collections. Overall, Easters Norwich Ltd appears to be a stable, family-run business, but it should monitor its cash flow and collections closely to ensure its long-term financial health.

Registered in England/Wales under the registration number 07299672, with a registered address at NR2 4EE, Norwich, Norfolk, 158 Northumberland Street.

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