Farm Frites Uk International Ltd

Farm Frites UK International Ltd, based in Gloucester, is a large, holding company with an active status. Founded just four years ago in October 04, 2020, it employs seven people and holds assets worth £9,417,136. The company generated a revenue of £77,864,881 in its last reported year. While it has a registered address, seventy-one other companies share the same location, suggesting a virtual address. Two directors and one owner manage the business, which regularly imports prepared or preserved plant-based foods—eighty-nine months of import activity have been recorded.

The company’s website reveals Farm Frites to be a corporate entity focused on potato specialties and appetizers. It operates across multiple regions, including Asia, Australia, Europe, and the Americas, offering a wide range of products and solutions for the food service industry. The website highlights its commitment to sustainability, food quality, and agricultural innovation, with sections dedicated to its story, mission, and values. It even has a magazine called "Serve" packed with tips and trends. The site showcases a diverse product portfolio, including chef's specials, appetizers, and potato specialties, catering to both professional chefs and home cooks.

Financially, Farm Frites UK International Ltd presents a mixed picture. While turnover increased by a healthy 16%, to £78 million, net assets decreased by 12% to £1.8 million. Bank borrowings increased by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. Administrative expenses, however, skyrocketed by 6,300%, jumping to £970,000—a significant increase that warrants further investigation. The company’s large size (meeting two of three criteria for turnover over £36 million, assets over £18 million, and over 250 employees) means it is not subject to an audit. The figures rely on unaudited statements.

In conclusion, Farm Frites UK International Ltd appears to be a successful importer and distributor of potato products, but the sharp increase in administrative expenses raises questions about its operational efficiency. The company's strong online presence and commitment to sustainability position it well for future growth, but it will need to address these financial challenges to maintain its long-term viability.

Registered in England/Wales under the registration number 12927412, with a registered address at GL2 5EN, United Kingdom, Gloucester, Goodridge Court, Goodridge Avenue.

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