Frugro Ltd

Frugro Ltd, based in Wellingborough, UK, is a large, active holding company founded eight years ago. With £6,594,809 in assets and a yearly revenue of £31,571,154, it's a significant player. The company, overseen by two directors and one owner, has a real registered address and regularly imports and exports edible fruits and nuts—313 months of imports and four months of exports recorded.

The company operates in the wholesale of fruit and vegetables industries. Its website is a platform for the Fresh Produce Consortium, a membership organization supporting the industry. It features news, advice, and events related to the fresh produce sector, including topics like Brexit border strategy, MRL risk management, and plant health regulations. The site doesn's appear to be an e-commerce platform, but rather an information hub.

Financially, Frugro Ltd shows a mixed picture. Cash bank on hand increased dramatically by 300% to £1,200,000, which is a positive sign. However, accrued liabilities also rose by 32% to £1,200,000, indicating increased short-term obligations. Administrative expenses increased by 14% to £1,600,000. A significant drop in the average number of employees was observed, falling to zero. Despite this, turnover increased by 30% to £32,000,000. The company’s net assets increased by 37% to £910,000. The company’s creditors increased by 25% to £5,700,000.

These trends suggest the company is growing its revenue, but also taking on more debt. The reduction in employees could be due to automation or outsourcing, or it could be a sign of financial strain. The lack of an auditor mentioned suggests the company is exempt from mandatory auditing, relying on unaudited financial statements.

Registered in England/Wales under the registration number 10301795, with a registered address at NN8 4HB, England, Wellingborough, Northamptonshire, Tingdene House, 21-24 Bradfield Road.

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