Finedale Foods Ltd

Finedale Foods Ltd, based in Norwich, UK, is a small holding company with an active status. Established eight years ago in 2017, the company employs 34 people and holds £1.5 million in assets. It operates from a virtual address, registered at a location shared by 78 other companies, and is managed by one director and one owner. Google users have given it a perfect 5.0 rating based on eight reviews. The company is an irregular importer, primarily dealing in fats, oils, and waxes from animal, plant, or microbial sources, with just one month of imports recorded as of August 2022.

The company's website highlights its expertise in chilled and frozen savoury pastry, positioning itself as a leader in the field. It offers contract food manufacturing solutions, specializing in miniature and full-size products, and caters to a wide range of market sectors, including food startups, established brands, and manufacturers. Finedale Foods boasts capabilities from recipe development to commercial reality, offering end-to-end production support and even handling special dietary requirements. The website also emphasizes its commitment to quality, sustainability, and provenance.

Financially, Finedale Foods Ltd presents a mixed picture. Current assets decreased by 12% to £1.5 million, while net assets increased by 41% to £920,000. Bank borrowings were reduced by 39%, reaching £230,000, and cash reserves surged by 2500%, reaching £250,000. Creditors decreased by 30%, suggesting improved debt management. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the sharp increase in cash reserves and decrease in bank borrowings could indicate a period of reduced investment or a focus on cost control. The company is exempt from an audit, so the figures are unaudited.

Overall, Finedale Foods Ltd appears to be navigating a period of change, with a focus on efficiency and cost management while maintaining its reputation for quality and expertise in the food manufacturing sector.

Registered in England/Wales under the registration number 10628864, with a registered address at NR1 4DJ, United Kingdom, Norwich, 7 The Close.

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