Laurence J Betts Limited

Laurence J Betts Ltd, based in Maidstone, UK, is a large, holding company with a 95-year history and an active status. The company, employing 94 people and holding assets worth £3,147,045, has a real address and is overseen by five directors and one owner. A stellar 5.0 Google rating from 81 reviews speaks to its reputation. The company regularly imports edible vegetables and roots (for 63 months, last in February 2025) and occasionally exports them (for 2 months, last in August 2023).

The company’s website highlights its role as a salad and cereal grower, a family business rooted in integrity and quality. It operates two distinct divisions: a longstanding salad and cereal business and a separate venture focused on high-end piano restoration. The piano division, boasting a showroom in Harrods, London, specializes in museum-grade restorations and disaster recovery. The website emphasizes British craftsmanship and customer service.

Financially, Laurence J Betts Ltd shows a mixed picture. Current assets have decreased by 31%, dropping to £3,100,000. Net assets have also fallen significantly, decreasing by 19% to £6,800,000. Bank borrowings have disappeared entirely, a positive sign, but cash reserves have declined by 45% to £1,800,000. Creditors have decreased by 24%, suggesting improved debt management. The company meets the criteria to be considered large, with turnover exceeding £36 million and a balance sheet total over £18 million. The audit firm, Chavereys Audit Limited, conducted the audit, and the report was signed by Iain D. Morris FCA.

Despite the challenges, Laurence J Betts Ltd’s strong reputation and diversified business model—combining agricultural and high-end restoration—suggest a resilient operation. The decrease in cash reserves and the drop in net assets, however, warrant close monitoring. It’s likely that the company is experiencing normal fluctuations associated with seasonal agricultural cycles, but the trend is something to keep an eye on.

Registered in England/Wales under the registration number 00247405, with a registered address at ME18 5NF, England, Maidstone, Barons Place, Mereworth.

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