Foodnet Limited

Foodnet Limited, based in Amersham, UK, is a sizable holding company with an active status, celebrating 34 years in business. Employing 16 people, the company holds assets worth £19,964,618. With six directors and one owner, Foodnet has a stellar 5.0 Google rating based on two reviews. The company is a regular importer and exporter of edible vegetables and roots, with 865 months of import activity and 68 months of export activity recorded.

Foodnet operates as an international frozen food trading company, specializing in IQF vegetables and fruit. Its website, foodnetordersfoodnet.ltd.uk, highlights a focus on B2B supply, trading "beyond your expectations." The company sources quality products at competitive prices, forging relationships with diverse suppliers. It has established trade routes worldwide, from the Mediterranean to the Far East. The website showcases a wide range of products, including fruits, vegetables, herbs, pasta, rice, pulses, and preserved goods. A notable aspect is its focus on IQF (Individual Quick Freezing) technology, emphasizing product quality and sustainability. The company also provides a specialist service in produce from Mediterranean countries, with a history of creating popular products like the tricolour pepper mix.

Financially, Foodnet Limited presents a mixed picture. While cash bank on hand increased by a substantial 35% to £5,200,000, administrative expenses surged by 64% to £2,000,000. Director remuneration saw a dramatic increase, jumping 810% to £570,000. Net assets, however, increased by 47% to £12,000,000. Debtors decreased by 12% to £7,900,000, and creditors also fell by 13% to £7,000,000. The company’s size (meeting two of three criteria for a large company) suggests it’s navigating a competitive market. The audit firm, Verallo, performed the audit. The company’s increased focus on international trade and its strong supplier relationships appear to be driving growth, although managing rising administrative costs will be crucial for sustained profitability.

Registered in England/Wales under the registration number 02509681, with a registered address at HP7 0DF, Amersham, Buckinghamshire, The Old Grammar School, 3-7 Market Square.

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