Freshco Savouries Limited

Freshco Savouries Ltd, based in Waltham Abbey, UK, is a small, active family business established twelve years ago. With five employees and £727,961 in assets, the company operates from a real address and is managed by three directors and two owners. It's a regular importer, specializing in prepared or preserved plant-based foods, with 46 months of import activity recorded, the latest in October 2024. The company operates in the non-specialised wholesale of food, beverages and tobacco industries.

While the company’s website is not available, it’s clear Freshco Savouries Ltd focuses on wholesale distribution. The import activity suggests a sourcing and supply chain role, likely serving other businesses rather than directly selling to consumers. Without a website, it's difficult to determine if they have an e-commerce presence or rely solely on business-to-business relationships.

Financially, Freshco Savouries Ltd presents a mixed picture. Cash bank on hand has seen a significant boost, increasing by 73% to £600,000, a positive sign of improved liquidity. Current assets have also increased by 34% to £730,000. However, trade debtors have risen by 10% to £110,000, which could indicate slower payments from customers. Equity has also increased by 19% to £1,100,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors by 10% to £130,000 warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Freshco Savouries Ltd appears to be financially stable, with strong cash reserves and growing assets. The increase in trade debtors and creditors should be monitored, but the company’s solid foundation and import activity suggest a continuing role in the food wholesale market.

Registered in England/Wales under the registration number 08350318, with a registered address at EN9 2HB, England, Waltham Abbey, 61 Hillgrove Business Park Nazeing Road, Nazeing.

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