Food Physics Ltd

Food Physics Ltd, based in Chelmsford, UK, is a small, active company founded eleven years ago in 2013. With five employees and £2,052,818 in assets, it’s a solo-founded operation led by six directors and one owner, Nickolas Charles Edward Speakman. The company operates in the management consultancy sector, but it’s also an irregular importer of electrical machinery and equipment, with just two months of import activity recorded as of October 2024.

The company’s website highlights its expertise in Pulsed Electric Field (PEF) technology, a process used to improve food processing. It offers PEF systems and services, catering to a range of applications from potato chip production to freeze-drying. It’s partnered with Elea, a German research and manufacturing firm, and acts as a sole provider of Elea PEF systems in North America, the UK, and Ireland. The website also mentions owning two other companies, Food Physics Group Limited and Food Physics Europe Limited.

Financially, Food Physics Ltd shows some concerning trends. Cash bank on hand decreased by nearly 50% to £130,000, while bank borrowings fell by 31% to £260,000. Creditors increased significantly, rising 44% to £1,800,000. Equity also declined by 12%, dropping to £560,000. Despite these challenges, 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 agility. The company’s focus on innovation—with over 17 PEF-related patents pending—suggests a commitment to long-term growth, but the decline in equity and cash reserves raises questions about its short-term financial health. No auditor is mentioned, likely due to its small size and exemption from an audit.

Registered in England/Wales under the registration number 08586399, with a registered address at CM3 4HG, Chelmsford, Essex, Woodham Lodge, Bicknacre.

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