Knolton Farmhouse Cheese Limited

Knolton Farmhouse Cheese Ltd from Wrexham, UK, is a sizable company, acting as a holding company with an active status. Established sixty-one years ago in December 1963, the firm employs fifty-three people and holds assets valued at £3,420,099. Yearly revenue sits at £10,204,368, a substantial figure. The company has four directors and one owner, and its registered address is real, with only three other companies registered at the same location.

The business is primarily involved in processing dairy ingredients for worldwide trading partners, exporting cheese, butter, cream, dairy concentrates, and powders. It also operates a small-scale, local service with a cheese vending machine. The company's website highlights its family-run heritage and commitment to quality, offering both bulk ingredients and local sales.

Financially, Knolton Farmhouse Cheese Ltd presents a mixed picture. While turnover remained steady, net assets decreased by 21%, dropping to £3.5 million. Bank borrowings significantly increased by 63%, reaching £990,000, and cash reserves also fell by 63%, to £990,000. However, creditors decreased by 25%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with a turnover of over £36 million, and a balance sheet total over £18 million. The lack of an auditor mentioned suggests the company is exempt from a full audit.

The sharp decline in equity, however, is a cause for concern, potentially reflecting increased costs or reduced profitability. The company’s continued focus on exports and its established reputation for quality may help mitigate these challenges, but close monitoring of its financial performance will be crucial.

Registered in England/Wales under the registration number 00785438, with a registered address at LL13 0LG, United Kingdom, Wrexham, Clwyd, Knolton Farmhouse Cheese Oswestry Road, Overton-On-Dee.

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