Fife Creamery Limited

Fife Creamery Limited from Kirkcaldy UK is a large, active company founded 45 years ago. Employing 124 people, it boasts £6,331,547 in assets and a yearly revenue of £40,887,789. It’s a family business with a real address, managed by four directors and two owners. The company operates an e-commerce site and enjoys a 4.0 Google rating from 32 reviews. It regularly imports dairy, eggs, honey, and edible animal products, with 20 months of import activity recorded.

Fife Creamery’s website highlights its role as a leading wholesale distributor of food and food products. It caters to both foodservice and retail sectors, offering a wide range of chilled foods, frozen products, butchery items, and more. The site emphasizes its commitment to innovation, sustainability, and supporting Scottish food businesses. It even has a section dedicated to "Scotland's Food Wholesale Heroes," showcasing its team and partners. The company also seems to be investing in solar and battery storage to reach its net zero goals.

Financially, Fife Creamery shows a mixed picture. Current assets increased by 17%, reaching £6,300,000, while net assets rose 11% to £4,000,000. Bank borrowings decreased by 68%, dropping to £29,000, and cash reserves increased by 48% to £1,300,000. Creditors decreased by 15%, suggesting improved debt management. The company meets the criteria to be considered a large company, with turnover exceeding £36 million, a balance sheet total of over £18 million, and more than 250 employees. The company’s accounts were audited by Drummond Laurie CA.

The company’s growth in assets and revenue suggests a healthy business, but the decrease in bank borrowings could indicate a shift in financing strategies. The company's focus on innovation and sustainability, combined with its established presence in the Scottish food wholesale market, positions it for continued success, although the reliance on imports could be a vulnerability in the current global climate.

Registered in Scotland under the registration number SC069753, with a registered address at KY1 2YX, Scotland, Kirkcaldy, Fife Creamery Limited, Randolph Place, Randolph Industrial Estate.

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