J.carmichael & Co. Limited

J. Carmichael & Co. Limited, based in Glasgow's Fruit Market, is a small, family-run business with an active status, celebrating 47 years since its founding in 1978. Employing 17 people, the company holds £1,243,758 in assets and operates from a real address, overseen by four directors and three owners. A 5.0-star Google rating from a single review highlights its customer service. The company is an irregular importer, primarily dealing in edible vegetables and roots, with its last import operation recorded 20 months ago.

The company’s website showcases a wholesale business specializing in fresh fruit and vegetables from around the world, with a particular focus on oriental produce. It caters to a wide range of customers, from wholesalers to catering suppliers, and even boasts a showroom in Harrods. The site emphasizes quality, service, and a commitment to meeting customer needs, offering a diverse range of products, including berries, salads, herbs, and mushrooms. The site also highlights the company’s dedication to providing exceptional service and building long-standing relationships with its clients.

Financially, J. Carmichael & Co. Limited shows some concerning trends. Current assets have decreased by 22% to £1,200,000, while net assets have fallen by 40% to £330,000. Bank borrowings have also decreased by 38% to £110,000, and cash reserves have plummeted 53% to £350,000. However, creditors have also decreased by 11% to £1,200,000, suggesting improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) helps it remain agile, but the sharp equity drop is a cause for concern. As a small company, it is exempt from an audit, so the figures are unaudited.

The company's financial results suggest a period of adjustment, possibly linked to changing market conditions or increased competition. While the business maintains a strong reputation for quality and service, it will need to carefully manage its finances to ensure long-term sustainability.

Registered in Scotland under the registration number SC064983, with a registered address at G21 2SE, Fruit Market, Glasgow, Block A Stand 13, Blochairn Road.

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