Innovative Food Ingredients Limited

Innovative Food Ingredients Ltd, based in Lytham St. Annes, UK, is a small, family-run business with an active status. Founded sixteen years ago in 2008, the company employs fifteen people and holds £2,145,263 in assets. It operates from a real address and is managed by four directors and two owners. The company regularly imports iron or steel products (50 months of import activity, last in February 2025) and exports basic metal tools and utensils (7 months, last in May 2022).

The company's website reveals a focus on flavourings, extracts, colours, and dessert sauces, catering to the food and beverage industries. It positions itself as an innovator, offering both traditional and on-trend flavourings, natural colours, and a one-stop shop for all requirements. The website highlights a commitment to quality and innovation, with services including blending natural colours and offering a wide range of products.

Financially, Innovative Food Ingredients Ltd shows a mixed picture. Current assets increased by 48% to £2,100,000, while net assets rose 150% to £210,000. Bank borrowings decreased by 35% to £51,000, and cash reserves grew 300% to £22,000. Creditors decreased by 72%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The increase in trade debtors by 81% suggests potential issues with customer payments, but the overall trend shows a company holding steady. No auditor is mentioned, which is common for small, exempt companies. The company's retained earnings accumulated losses increased by 200%.

Registered in England/Wales under the registration number 06637700, with a registered address at FY8 5LU, England, Lytham St. Annes, Lancashire, 17-19 Park Street.

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