Euro Foods Group Limited

Euro Foods Group Ltd, based in Cwmbran, UK, is a large, holding company with an active status, celebrating 30 years in business. Employing 376 people, the company holds assets worth £35,280,232 and generates annual revenue of £115,476,599. It operates from a real address, is overseen by eight directors, and has two owners, and maintains an e-commerce site. The company is a regular importer of fish and seafood, including shellfish and other water creatures, with 531 months of import activity recorded.

The company describes itself as a leading international manufacturer and distributor of frozen and fresh foods, serving the restaurant, catering, and specialist supermarket sectors. Its website highlights a history of service and quality, established in 1991 initially supplying Indian restaurants and takeaways. The business rapidly expanded nationally, offering a vast range of wholesale products, including meat, poultry, fish, seafood, dairy, fruit, vegetables, herbs, spices, and packaging. It also provides services like catering and specialist supermarket supply.

The company's financial picture presents a mixed bag. While overall assets remain substantial, several key metrics show declines. Accrued liabilities decreased significantly, from £1.3 million to £560,000, a positive sign of better financial management. However, accumulated depreciation on property, plant, and equipment increased, with a notable rise in motor vehicle depreciation. Bank borrowings also surged, indicating a potential reliance on external financing. Despite these challenges, the company’s administrative expenses remained stable, and its profit loss increased by 81%.

The company's auditors, Kilsby & Williams LLP, have issued an unqualified opinion, indicating that the financial statements give a true and fair view of the company’s financial position. The company's focus on the wholesale food market, coupled with its established brand and online presence, suggests a resilient business model. However, the recent financial trends warrant close monitoring to ensure sustainable growth and profitability.

Registered in England/Wales under the registration number 03028250, with a registered address at NP44 3GA, Cwmbran, Torfaen, E F G Food Technology Park Llantarnam Way, Llantarnam Industrial Park.

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