English Provender Company Limited

English Provender Company Limited, a large holding company, has been active for 34 years, employing 585 people and managing assets totaling £50,487,770. Based in Liverpool, the company operates from a real address and is overseen by six directors and one owner. Its Google rating sits at a concerning 2.0 based on 32 reviews. The company regularly imports prepared or preserved plant-based foods (139 months) and exports miscellaneous food products (74 months).

The company's website showcases a diverse range of activities, primarily focused on the manufacture of condiments and seasonings. It’s clear they’re not an e-commerce business, but rather a business-to-business supplier, offering bespoke product development, packaging solutions, and a portfolio of retail and trade brands. They even boast a research and innovation team.

Financially, English Provender Company Limited appears to be in a mixed state. While turnover increased by a respectable 10%, reaching £6.5 million, net assets have declined by 6.7%, settling at £20 million. Bank borrowings have surged by a staggering 1200%, jumping to £500,000, while cash reserves have fallen by 960%, leaving just £1.9 million. Creditors have also increased by 18%, suggesting a need to manage short-term liabilities. The company's workforce has slightly decreased, with the average number of employees falling by 2.2% to 570.

Despite these challenges, the company’s increased interest income from group undertakings (a 350% increase) and a decrease in administrative expenses (-3%) indicate some areas of operational efficiency. The company’s auditor, Mitchell Charlesworth (Audit) Limited, has provided an opinion on the financial statements, but the lack of detailed profit and loss information leaves some questions unanswered. It's possible the increased borrowing is tied to investments in product development or packaging solutions, as highlighted on their website.

Registered in England/Wales under the registration number 02593588, with a registered address at L3 1EL, Cunard Building, Liverpool.

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