First Choice Fruit And Produce Ltd

First Choice Fruit And Produce Ltd from London UK: a large company with an active status, was founded 22 years ago, employs 72 people, and holds assets worth £5,497,463. The company generates yearly revenue of £19,242,359, operates from a real address in New Covent Garden Market, and is overseen by two directors and one owner. It runs an e-commerce site and boasts a Google rating of 4.0 based on 74 reviews. The company is a regular importer of edible fruits and nuts, having imported for nine months, with the last operation occurring in July 2022.

This London-based firm, a large company as it met two conditions of three (turnover more than £36 million, balance sheet more than £18 million, employees more than 250), specializes in wholesale fruit and vegetable distribution. Operating from the heart of London’s New Covent Garden Market, First Choice Fruit And Produce Ltd caters to trade customers, offering a wide range of fresh produce, dairy, and other food items through its online platform. The company's website showcases an extensive selection, from artisan cheeses and handcrafted pies to fresh juices and household cleaning products, emphasizing quality and convenience.

Financially, First Choice Fruit And Produce Ltd presents a mixed picture. While the company’s revenue is impressive at £19,242,359, a significant decrease in accrued income (-0.0%) suggests a potential issue with outstanding payments. Bank borrowings have decreased by -25.0% to £300,000, which could indicate better financial management, but the decrease in cash and cash equivalents (-0.026%) to £1,400,000 raises concerns about liquidity. The company's average number of employees increased by 38.0% to 99, which could be a result of increased business activity, but it also means higher labor costs. The company’s auditor, Mehta & Tengra, has issued an unaudited report. Overall, First Choice Fruit And Produce Ltd appears to be a well-established player in the wholesale market, but it’s important to monitor its cash flow and manage its debts effectively.

Registered in England/Wales under the registration number 04565179, with a registered address at SW8 5EN, England, London, 210-214 Distribution Block, New Covent Garden Market.

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