Golden Meadows Limited

Golden Meadows Limited UK is a large, active company based in Edgware, founded 34 years ago in 1990. With 10 employees and £21,804,358 in assets, it operates from a virtual address, a fact highlighted by seventy-three companies registered at the same location. The company is led by three directors and owned by Sheth Dilip and Sheth Nila D, and boasts a perfect 5.0 Google rating from four reviews. It’s a family business specializing in the import of essential oils and perfumes (for 19 months) and occasional export of sugars and sweets (just one month).

The company's website positions Golden Meadows as a UK food distributor, bringing "a world of flavours" to its customers. Established by founder Dilip Sheth, the business has grown to be a leader in the competitive food import, export, and distribution market. It serves major supermarkets, cash and carry stores, and independent retailers, managing operations from a national distribution centre in Wembley and even exporting to Europe. The website also highlights a partnership with KOKA, suggesting a range of products beyond the core distribution business.

Financially, Golden Meadows Limited shows some concerning trends. While current assets increased by a substantial 61% to £22 million, net assets also rose significantly to £19 million, but key indicators like cash reserves have taken a hit. Cash and cash equivalents plummeted 96% to just £180,000, and bank borrowings surged, suggesting the company is relying more on debt financing. Trade debtors increased dramatically by 210%, which could indicate difficulties in collecting payments from customers. However, creditors also increased, and the company’s net finance income costs rose by 270%, which is a positive sign. The company’s auditor, Ashley King Ltd, hasn’t been mentioned, and the financial statements are unaudited.

Overall, Golden Meadows Limited appears to be facing some financial headwinds, despite its strong market position and positive customer reviews. The increase in debt and decrease in cash reserves warrants close monitoring, but the company’s established network and family-run structure could help it weather these challenges.

Registered in England/Wales under the registration number 02536521, with a registered address at HA8 9UU, England, Edgware, C/O Ashley King Ltd, 68 St. Margarets Road.

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