Heygates Limited

Heygates Ltd, a Northampton-based company established 67 years ago, is a substantial holding company with a strong presence in the UK. Boasting assets of £73,962,431 and a yearly revenue of £272,036,863, the company operates from a virtual address, managed by seven directors and one owner. Google users rate it 4.0 out of 5 based on 56 reviews. The company regularly imports machinery, boilers, and mechanical appliances, and exports milling products, indicating a significant role in the agricultural supply chain.

The company's website highlights its history and milling expertise, with four mill sites producing over 10,000 tonnes of products weekly. It also boasts a fleet of nearly one hundred vehicles for efficient delivery and operates fine lady bakeries. The site provides details on flour types, recipes, and contact information. Heygates also appears to be involved in the packaging industry, with references to Green Light Packaging Holdings Limited.

Financially, Heygates Ltd shows a mixed picture. While current assets decreased by 14% to £74 million, revenue remained relatively stable. However, bank borrowings increased by 11% to £23 million, and cash bank on hand vanished completely. Liabilities also decreased, with accrued liabilities dropping by 73%. The company’s size—meeting two of three conditions for a large company—suggests a robust operation, but the decrease in cash reserves warrants attention. The company's auditor is Clifford Roberts, and the financial statements were prepared using UK Generally Accepted Accounting Practice.

The company’s focus on milling and distribution, coupled with its virtual address, suggests a streamlined operation. The decrease in cash reserves could be due to increased investment in machinery or expansion of its distribution network, but it’s something to keep an eye on. It seems like Heygates is doing well, but needs to manage its cashflow better.

Registered in England/Wales under the registration number 00603238, with a registered address at NN7 3QH, Northampton, Bugbrooke Mills, Bugbrooke.

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