Granarolo Uk Limited

Granarolo Uk Ltd from Chelmsford UK is a large, active company founded eleven years ago, boasting assets of £12,635,471 and yearly revenue of £25,474,852. It has a real address, three directors, and one owner. The company is a regular importer of dairy, eggs, honey, and edible animal products, with 335 months of import activity recorded.

The company operates as a wholesale distributor of dairy products, eggs, and edible oils and fats. It's website, while functional, is basic, and Javascript is disabled, which limits its interactive features. It seems the company is primarily focused on business-to-business operations rather than direct consumer sales.

Financially, Granarolo Uk Ltd shows some interesting trends. Cash bank on hand dropped significantly by 69%, falling to £120,000, while bank borrowings increased by a substantial 71%, reaching £700,000. Administrative expenses were slashed by 51%, a positive sign, but trade creditors also rose by 44%, suggesting a reliance on credit from suppliers. Interestingly, the company’s net assets remained steady at £5.9 million. The company’s turnover increased by 24%, a good sign, but the decrease in cash reserves warrants a closer look. The company’s average number of employees was zero, which is unusual for a company with this level of revenue. The company’s auditors are Haines Watts Tamworth Limited.

The company’s director remuneration was zero, which is not surprising given its size. The company is likely navigating a period of change, perhaps restructuring its operations or seeking new growth opportunities. The decrease in cash reserves could be a temporary setback, or it could indicate a need for improved financial management.

Registered in England/Wales under the registration number 08707716, with a registered address at CM2 0AP, Chelmsford, Essex, Brierly Place, New London Road.

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