Maselis Cereals Ltd

Maselis Cereals Ltd, based in South Cave, UK, is a small, active company founded five years ago. With three employees and £2,369,264 in assets, it operates from a virtual address shared by ten other companies, which is a little odd. The business has four directors and one owner, and is an irregular importer of milling products, with the last import occurring in November 2024. The company’s primary activity is the wholesale of other food, including fish, crustaceans, and molluscs.

The company’s website, Deeside Cereals, highlights its role as a leading manufacturer of breakfast cereals for major food retailers. It emphasizes innovation and private label solutions, catering to both consumers and retailers alike. The website details a diverse production setup and a commitment to quality ingredients, showcasing a range of products and a focus on customer satisfaction. It also includes a news section, legal documents, and cookie settings.

Financially, Maselis Cereals Ltd shows some concerning trends. While turnover remained stable at £5,700, cash bank on hand dropped by 32% to £170,000. Creditors decreased by 11% to £2,300,000, and debtors also fell by 8% to £2,200,000. Equity, however, increased by 55% to £41,000, which is a positive sign. Bank borrowings were reduced by 11%, and net current assets liabilities increased by 16%. The company’s small size—meeting two of three criteria for being considered small—helps it stay nimble, but the decline in cash reserves and the significant debt owed to Maselis NV (the parent company) are points to watch. The company's accounts were audited by Try Lunn & Co. and are based on the historical cost convention.

Registered in England/Wales under the registration number 12260883, with a registered address at HU15 2HG, United Kingdom, South Cave, East Yorkshire, Westwood House, Annie Med Lane.

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