March Foods Limited

March Foods Limited, based in St. Albans, UK, is a sizable company operating as a holding company with an active status. Established sixteen years ago, in 2009, it employs 157 people and holds assets valued at £3,471,668. The company generates a yearly revenue of £15,784,666, and is managed by three directors and one owner. It has a respectable Google rating of 4.0 based on eight reviews. March Foods is a regular importer of plastics and plastic products (61 months) and a regular exporter of miscellaneous food products (14 months).

The company positions itself as a leading copacker and comanufacturer, offering customized packaging solutions for various food products. Its website highlights expertise in fabricating liquid and dry foods, catering to formats like bottles, pouches, sachets, and stickpacks. They boast 36 dedicated production bays operating 24 hours five days a week, and emphasize a range of services including in-house product testing and full production segregation. They even work with award-winning facilities.

Financially, March Foods presents a mixed picture. While turnover increased by a healthy 38%, to £16 million, net assets actually decreased by 18% to £1.7 million. Bank borrowings increased significantly, by 150%, reaching £67,000, while cash reserves fell 20% to £120,000. Creditors also increased, by 30%, to £1.3 million, which could indicate a need for increased working capital. The company meets the criteria to be considered a large company, having met two of three conditions. The company's auditor is MG Audit Services Limited.

The increase in administrative expenses, up 39%, could be a sign of growing pains as the company expands its operations. However, the company's strong Google rating and focus on customized packaging solutions suggest a positive outlook. The rise in cash bank on hand, up 280%, is a positive sign, indicating improved liquidity. The company's ability to maintain its position as a leading copacker and comanufacturer will depend on its ability to manage its finances effectively and continue to meet the evolving needs of its clients.

Registered in England/Wales under the registration number 06801592, with a registered address at AL4 8BB, England, St. Albans, Riverdale House 19/21 High Street, Wheathampstead.

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