Fgs Ingredients Limited

FGS Ingredients Ltd is a large, family-owned company established 29 years ago, holding a prominent position in the UK's condiment and seasoning industry. With 78 employees and £16.3 million in assets, the Leicester-based firm boasts yearly revenues of £25.8 million. It operates as a holding company with three directors and one owner, maintaining a respectable Google rating of 4.0 based on 47 reviews. The company regularly imports and exports coffee, tea, mate, and spices—a consistent trade spanning 649 months for imports and 143 months for exports.

The company’s website highlights its role as principal suppliers of natural, high-quality ingredients, emphasizing its family ownership and wealth of knowledge. It offers a wide range of spices and seasonings, alongside manufacturing, milling, blending, and packing services at its state-of-the-art facility. The website also features a section for potential employees to get in touch.

Financially, FGS Ingredients Ltd shows a mixed picture. While turnover increased by 34% to £26 million, net assets increased by 18% to £6.5 million. However, bank borrowings increased by 83% to £50,000, and cash reserves fell 63% to £450,000. Creditors decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered large, with turnover exceeding £36 million and balance sheet total over £18 million. Despite the increase in bank borrowings, the company seems to be holding its own, and the growth in turnover is a positive sign. No auditor is mentioned, likely due to the company’s size.

The company’s continued focus on high-quality ingredients and its diverse range of services suggest a stable foundation. However, the increase in bank borrowings warrants close monitoring to ensure the company maintains financial health.

Registered in England/Wales under the registration number 03145946, with a registered address at LE4 6AL, 22-44 Burfield Street, Leicester.

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