Food Division Ltd

Food Division Ltd, based in Tyseley, UK, is a small holding company with an active status. Founded just three years ago in 2022, it employs 41 people and holds £1,567,520 in assets. With two directors and two owners, and a stellar 5.0 Google rating from 24 reviews, it’s a well-regarded operation. The company regularly imports meat, fish, and seafood preparations, with 7 months of import activity recorded, the latest in October 2024.

The company’s website highlights its focus on catering solutions, offering both bespoke culinary experiences and commercial reduction strategies. It caters to weddings, corporate events, and intimate gatherings, emphasizing diverse cuisines and exceptional hospitality. A key offering is its "Commercial Reduction Solution," which aims to reduce costs by up to 40% while supporting sustainability goals—a clear focus on efficiency and value. The website also showcases a "Prestige" division offering high-quality catering services, and emphasizes a culturally diverse team of professionals.

Financially, Food Division Ltd presents a mixed picture. Current assets have surged by an impressive 320%, reaching £1.6 million, while net assets have increased by 240% to £490,000. However, cash reserves have skyrocketed by 1500%, reaching £1 million—a significant jump that could be due to a large, one-off payment. Bank borrowings have also increased substantially, rising by 3000%, reaching £630,000, and creditors have doubled to £1.3 million. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increase in borrowings and creditors suggests it's potentially burning through cash. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's focus on catering and its commitment to sustainability, combined with its impressive Google rating, position it well in a competitive market. However, the financial trends suggest a need for careful management of its increased borrowings and creditors to ensure long-term stability.

Registered in England/Wales under the registration number 13827839, with a registered address at B11 2DE, Tyseley, 80 Wharfdale Road.

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