Ichiban Uk Limited

Ichiban UK Ltd, based in Bury St. Edmunds, UK, is a large, active company founded eleven years ago. With 349 employees and £5.9 million in assets, it generated £30.9 million in revenue last year. A family business with four directors and two owners, it holds a respectable 4.0 Google rating from eleven reviews. The company regularly imports machinery, boilers, and mechanical appliances, with its last import operation made in August 2023.

The company’s website reveals it’s a leading UK sushi supplier, operating as a privately owned manufacturer for the UK market. It's been a major player for almost two decades, now operating 24/7 and employing over 450 staff. Ichiban UK produces sushi for leading UK retailers and supermarkets, emphasizing its commitment to quality and efficiency. The name "Ichiban" means "number one" in Japanese, reflecting its ambition. The website also details a history of sushi, how to eat it, and a commitment to antislavery and gender pay gap reporting.

Financially, Ichiban UK Ltd shows a mixed picture. Current assets decreased by 8.7% to £5.9 million, while cash and cash equivalents dropped a significant 48% to £650,000. Bank borrowings remained relatively stable at £350,000, and trade debtors decreased by 15% to £3.1 million. Despite these challenges, revenue remained relatively stable at £31 million. The company’s size (meeting two of three criteria for a large company) suggests it’s navigating a competitive market. The lack of auditor information implies it’s exempt from a full audit, relying on unaudited financial statements.

The company’s focus on sushi production and distribution, combined with its established presence and large workforce, indicates a solid foundation. However, the decrease in cash reserves and assets warrants careful monitoring. It’s likely that the company is facing increased costs or working capital pressures, but its strong brand and market position should help it weather these challenges.

Registered in England/Wales under the registration number 08776727, with a registered address at IP30 9RT, Bury St. Edmunds, Suffolk, Barrack Farm, Warren Lane, Woolpit.

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