Elsoms (spalding) Limited

Elsoms Spalding Ltd, based in Spalding, UK, is a holding company with a solid 81-year history and an active status. The company employs 125 people and holds assets totaling £10,555,670. With eleven directors and no owners reported, it’s a well-established, if somewhat opaque, organization. A perfect 5.0 Google rating from 19 reviews suggests strong customer satisfaction. Elsoms imports oil seeds and fruits used for oil for four months of the year, and exports the same products for ten months.

The company's core business revolves around plant breeding, trialling, processing, and distributing vegetable and combinable crop seeds, alongside property development and tree sales. It also operates subsidiaries including Elsoms Seeds Limited, Elsoms Developments Limited, and Elsoms Sip Trustees Limited. The company’s website highlights its expertise in seed breeding and offers a range of services, including museum-grade piano restoration and disaster recovery.

Financially, Elsoms Spalding Ltd demonstrates some concerning trends. Accrued liabilities and deferred income increased by a significant 79%, while cash bank on hand grew by 27% to £2,000,000. However, net assets liabilities increased by 7.8% to £14,000,000. Debtor amounts increased by 18% to £3,200,000, and fixed assets decreased by 3.6% to £3,400,000. The company’s average number of employees increased by 13% to 140. Although the company’s profits remained consistent at £1,400,000, the increase in liabilities and decrease in fixed assets could indicate a need for careful financial management. The company's accounts were audited by Duncan & Toplis Audit Limited.

The lack of reported owners, combined with the increase in liabilities, suggests a possible restructuring or shift in ownership, though the company's long history and strong Google rating indicate a resilient business model. The company’s diverse operations—from seed breeding to piano restoration—suggest a willingness to adapt and explore new avenues for growth, though it’s unclear how closely these ventures are integrated.

Registered in England/Wales under the registration number 00384216, with a registered address at PE11 1QG, England, Spalding, Lincolnshire, C/O Elsoms Seeds Limited, Pinchbeck Road.

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