Florigin Limited

Florigin Ltd, based in Northamptonshire, UK, is a small, active company founded 38 years ago in 1986. With just two employees and £160,748 in assets, it's a solo-founded operation managed by a single director and owner. The company has a real address and operates as an irregular importer, with its top import category being cereal and milk-based food products, totaling just one month of imports recorded in 2019.

The company’s website, florigin.com, reveals a focus on supplying frozen avocado products, juices, and concentrates to food processors and manufacturers. It positions itself as the UK's leading supplier of frozen avocado, offering a range of products like pulp, pellets, slices, and chunks. The website also highlights its ability to source a wide variety of juices and concentrates worldwide, catering to both large and single-drum quantities. Beyond avocados, Florigin also provides technical support and expertise, aiming to offer a complete service with full audit trails.

Financially, Florigin Ltd presents a mixed picture. Current assets have decreased by 5.5% to £160,000, while net assets have plummeted 71% to just £9,900. Bank borrowings have risen significantly, and cash reserves have fallen considerably. Creditors have also increased, suggesting a potential strain on cash flow. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises concerns. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Florigin Ltd appears to be navigating a challenging period. While its avocado supply business seems established, the financial data suggests a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 02061076, with a registered address at NN14 2SW, United Kingdom, Northamptonshire, Unit 8, Pipewell Road Industrial Estate, Desborough.

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