Essentia Protein Solutions Limited

Essentia Protein Solutions Ltd, based in Tipton, UK, is a substantial player in the meat protein and ingredient sector, operating as a holding company with an active status. Established 56 years ago in 1969, the company employs 45 people and holds assets valued at £6,411,189, generating a yearly revenue of £20,713,981. With six directors and one owner, the business maintains a real address and boasts a respectable Google rating of 4.0 based on four reviews. It’s a regular importer and exporter of meat, fish, and seafood preparations, with 32 months of import activity and 22 months of export activity recorded.

The company’s website highlights its focus on meat-based protein solutions for various industries, including meat processing, savory foods, dairy, and pet food. They offer a wide range of products, from raw materials like fats and stocks to finished ingredients like hydrolyzed proteins and emulsifiers. Essentia's website details various applications, from elevating processed meats to enhancing the nutritional value of supplements. It’s clear they’re targeting businesses seeking to improve their products' texture, yield, and nutritional profile.

Financially, Essentia Protein Solutions Ltd shows a mixed picture. While turnover increased by 28%, reaching £21 million, net assets dropped 17% to £3.5 million. Bank borrowings surged by 50%, reaching £230,000, and cash reserves fell 49% to £190,000. Creditors increased by 8.4% to £4 million. Despite these challenges, administrative expenses increased by 10%, suggesting ongoing investment in operations. The company’s large size (meeting two of three criteria for a large company) indicates a substantial operation, but the decrease in equity raises questions. The company's auditor, Xeinadin Audit Limited, has provided an unaudited statement.

The surge in bank borrowings and the decline in cash reserves could indicate increased investment or working capital needs, while the increase in creditors suggests a need to manage supplier payments more effectively. The company’s continued focus on innovation and its diverse product range, however, suggest a commitment to long-term growth, even as it navigates these financial pressures.

Registered in England/Wales under the registration number 00946600, with a registered address at DY4 9DU, Tipton, West Midlands, Units 10 & 11 Ramsay Road, Barnfield Industrial Estate.

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