Fresh Produce World Ltd

Fresh Produce World Ltd, based in Stoke-On-Trent, UK, is a small, active company founded eight years ago. Employing fifteen people and holding assets of £369,627, it operates from a real address and is led by a single director, although no owners are officially listed. The company boasts a Google rating of just 1.0 from a single review. It's a regular importer of edible vegetables and roots, with six months of import activity recorded, the last being in March 2024.

The company’s core business revolves around the wholesale of fruit and vegetables, operating within a competitive market. While a website isn’t available, its business model likely involves supplying restaurants, retailers, and food service providers. It’s unclear if they also sell directly to consumers, but the wholesale focus suggests a B2B approach.

Financially, Fresh Produce World Ltd presents a mixed picture. While current assets increased by 13% to £370,000, net assets declined by 63% to a mere £28,000—a significant drop. Bank borrowings decreased by 29% to £26,000, and cash reserves fell by 33% to £32,000. Creditors increased by 41%, and trade debtors rose by 12%. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, indicating exemption as a small company.

The decline in equity is a concerning trend, suggesting potential profitability challenges or increased debt. The rise in trade debtors could indicate difficulties in collecting payments from customers. However, the increase in current assets suggests ongoing business activity. It’s possible the company is experiencing a temporary setback, or perhaps it’s reinvesting in its operations to fuel future growth.

Registered in England/Wales under the registration number 10490621, with a registered address at ST3 1QZ, England, Stoke-On-Trent, Staffordshire, Normacot Enterprise House, Queensberry Road.

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