Giro Food Limited

Giro Food Limited, based in Birmingham, UK, is a 56-year-old holding company with an active status. Employing 25 people and holding assets worth £12,663,596, the family-owned business operates from a real address and is managed by six directors and four owners. It's a regular importer of coffee, tea, mate, and spices (147 months) and a regular exporter of plastics and plastic products (64 months), with the last import operation made on January 01, 2025 and the last export operation made on December 01, 2024. The company boasts a Google rating of 4.0 based on 232 reviews and runs an e-commerce site.

Giro Food's website highlights its role as a wholesaler and cash and carry supplier, specializing in food and allied products. It also operates a separate division, Giro Property Developments Ltd, which focuses on piano restoration and sales, even having a showroom in Harrods. The website emphasizes competitive pricing and fast customer support.

Financially, Giro Food Limited shows some concerning trends. While cash reserves increased significantly by 830%, reaching £290,000, net assets decreased by 10%, falling to £5,900,000. Bank borrowings have also been reduced by 34%, reaching £200,000. Trade debtors increased by 8.4%, suggesting potential issues with customer payments. Creditors, however, decreased by 2.7%, indicating improved debt management. The company's reliance on unaudited accounts, given its exemption status, means these figures are self-reported. Fraser Russell Limited acted as the company's auditor.

The increase in cash reserves is a positive sign, but the decrease in net assets and increase in trade debtors warrant closer examination. It's possible that the company is investing in growth or facing temporary challenges in collecting payments, but the trend suggests a need for careful financial management.

Registered in England/Wales under the registration number 00947901, with a registered address at B9 4EP, Birmingham, West Midlands, Welcome House, Glover Street Digbeth.

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