Friendship Estates Limited

Friendship Estates Ltd, based in Doncaster, UK, is a small, family-run business with an active status, having been founded 89 years ago in 1935. Employing 30 people, the company holds assets of £1,446,245 and operates from a real address. With three directors and two owners, it's a long-standing enterprise. The business is an irregular importer of oil seeds and fruits used for oil (one month imported) and a regular exporter (four months exported).

The company's website showcases a diverse range of horse feeds and pet products, specializing in high-fibre forage, molasses-free chaff, and extruded products. It even caters to smaller pets with natural cat litter and friendly green oat readi-grass. The site highlights a commitment to quality, traceability, and British craftsmanship, with a focus on family ownership and supporting wildlife habitats. The business even has a showroom in Harrods, London.

Financially, Friendship Estates Ltd presents a mixed picture. Current assets decreased by 15% to £1,400,000, while net assets remained stable at £1,000,000. Bank borrowings decreased by 36%, reaching £340,000, and cash reserves fell by 1.9% to £790. Creditors decreased by 10%, suggesting better debt management. 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 stay agile. The company is exempt from an audit, so the figures are unaudited.

Despite the stable net assets, the decrease in current assets and cash reserves could indicate a need for careful financial management. The company's long history and diverse product range suggest a resilient business, but the financial trends warrant close attention.

Registered in England/Wales under the registration number 00305369, with a registered address at DN6 9BU, Doncaster, South Yorkshire, Old House Farm, Stubbs Walden.

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