Longcroft & Old Limited

Longcroft & Old Limited, based in London, UK, is a small holding company with an active status, having operated for 48 years. Employing 10 people and boasting a perfect 5.0 Google rating from two reviews, the company is a regular importer of meat and edible meat offal, with 59 months of import activity recorded. It’s a family-run business with one director and owner, and its real address is registered at Smithfield Market.

The company's website highlights its role as a meat wholesaler and retailer within London’s iconic Smithfield Market. They specialize in dry-aged beef, boxed beef, poultry, pork, game, and venison, catering to butchers, caterers, restaurants, and walk-in customers. They offer both wholesale and retail services, emphasizing high-quality meats and a meticulous dry-aging process. The website also details a commitment to customer satisfaction and convenient access within the market.

Financially, Longcroft & Old Limited presents a mixed picture. Assets increased by 10% to £430,000, while net assets decreased by 6.6% to £770,000. Bank borrowings decreased by 37% to £17,000, and cash reserves increased by 35% to £610,000. Creditors decreased by 5.5% to £1,200,000, and trade debtors decreased by 24% to £1,100,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to small company exemption.

The increase in assets, combined with a decrease in debt, suggests improved liquidity. However, the decrease in net assets warrants further investigation, possibly due to increased provisions or other liabilities. The company’s long-standing presence in the meat wholesale industry and its strong Google rating indicate a stable business, but the financial details highlight the need for careful management to sustain growth.

Registered in England/Wales under the registration number 01305861, with a registered address at EC1A 9PS, London, 30 Central Markets, West Market Buildings Smithfield.

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