Ideal Foods Limited

Ideal Foods Ltd from Liskeard UK: holding company, holding company, active status, founded 24 years ago, 44 employees, £8,692,689 assets, yearly revenue: £18,214,672, real address, 4 directors, 1 owner. Regular importer of fish and seafood, including shellfish and other water creatures (9 months imported). Regular exporter of fish and seafood, including shellfish and other water creatures (273 months exported). This Cornish-based company operates as a specialist supplier of fish, shellfish, and related products, bringing innovation to the industry to minimize waste. With 25 years of experience, Ideal Foods serves a global market, exporting to China and beyond.

Ideal Foods’ website showcases a diverse range of services, including import/export, technical support, and even consultancy on factory productivity. The company also runs several subsidiary businesses, like Ideal Nutritional Foods and Purely Fish, catering to baby food brands and pet food markets, respectively. It even facilitates export services specifically for British food and beverage companies looking to sell in China. The website is well-designed, featuring customer testimonials and highlighting its commitment to quality and service.

Financially, Ideal Foods presents a mixed picture. While revenue remained stable at £18.2 million, assets decreased slightly to £8.6 million. However, depreciation expenses increased significantly, rising 8.4% to £15,000, suggesting investments in equipment or property. Bank borrowings increased, and cash reserves declined by a substantial 44%, indicating a possible need to manage cash flow more carefully. Despite this, creditors decreased by 25%, which could suggest improved debt management. The company employs 44 people, and the accounts show a slight increase in the average number of employees, with a 2.3% rise. The accounts were audited by Westcotts (SW) LLP.

Overall, Ideal Foods Ltd appears to be a resilient holding company navigating a competitive market. The company’s diversified business model, with its focus on exports and subsidiary operations, provides some buffer against economic fluctuations. However, the decline in cash reserves warrants attention, and the company may need to explore options for improving liquidity.

Registered in England/Wales under the registration number 04173954, with a registered address at PL14 3NL, Liskeard, Cornwall, The Courtyard, Trewolland.

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