Lamex Foods Europe Limited

Lamex Foods Europe Ltd, based in Turnford, Broxbourne, UK, is a large, holding company with an active status, celebrating 59 years since its founding in 1966. The company employs 50 people and manages substantial assets of £81,065,944, generating a yearly revenue of £303,554,605. It boasts a real address, is overseen by eight directors, and has one owner, and maintains a respectable Google rating of 4.0 based on eight reviews. The company regularly imports prepared or preserved plant-based foods (for 585 months) and exports meat and edible meat offal (for 640 months).

The company operates as a wholesale food importer and exporter, with a global network spanning 23 offices in 21 countries. Its website highlights a diverse range of products, including meat, poultry, seafood, fruits, vegetables, honey, juices, purees, and dairy. Lamex Food Group, the parent company, positions itself as one of the world’s largest privately owned frozen and chilled food importers and exporters, providing 24-hour coverage worldwide. The company's website details its expertise in sourcing, sales, and distribution solutions, emphasizing confidentiality and customer service.

Financially, Lamex Foods Europe Ltd presents a mixed picture. While turnover remains impressive at over £300 million, several key metrics show some decline. Current assets decreased by 4.3% to £81 million, and net assets fell by 27% to £25 million. Bank borrowings were reduced by a significant 75% to £1.5 million, and cash reserves increased by 38% to £14 million. However, trade debtors decreased by 14%, suggesting potential issues with customer payments. Despite these challenges, the company’s substantial revenue and global reach indicate a resilient business model. The company’s auditor is James Cowper Kreston Audit.

The company's accounts show a decrease in administrative expenses by 8.6%, which could be a result of streamlining operations. The rise in deferred tax assets, however, suggests a complex tax planning strategy. The company’s focus on maintaining strong relationships with suppliers and customers, combined with its global network, positions it well for continued success, although the need to manage debt and maintain profitability will be crucial.

Registered in England/Wales under the registration number 00875838, with a registered address at EN10 6NH, Turnford Broxbourne, Hertfordshire, 2nd Floor Building B Turnford Place, Great Cambridge Road.

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