Middledale Foods Limited

Middledale Foods Ltd from Chippenham UK: a small holding company with an active status, founded 29 years ago, employs 13 people, and holds £5,746,177 in assets. It operates from a virtual address and is overseen by two directors and one owner. The company regularly imports dairy, eggs, honey, and edible animal products, with 50 months of import activity recorded.

The company’s core business appears to be acting as agents involved in the sale of food, beverages, and tobacco. While no dedicated website is available, this suggests a B2B operation focused on distribution rather than direct consumer sales. The lack of an online presence is not unusual for a company of this size and focus.

Financially, Middledale Foods Ltd demonstrates a mixed picture. Current assets have increased by a substantial 34% to £5,700,000, while net assets have also risen by 23% to £2,000,000. Cash reserves have increased by 27% to £2,700,000, indicating improved liquidity. However, trade debtors have risen significantly by 51%, potentially reflecting extended payment terms or a need for more efficient collections. Creditors have also increased by 40%, which is not necessarily a bad thing if it’s tied to increased inventory or supplier credit. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the increase in debtors warrants monitoring. No auditor is mentioned, likely due to its status as a small company.

The company's growth in assets and cash reserves is encouraging, suggesting it’s successfully navigating the market. However, the rising debtors need to be addressed to ensure healthy cash flow. The increase in creditors could be a result of increased business activity.

Registered in England/Wales under the registration number 03188886, with a registered address at SN15 3HR, England, Chippenham, Wiltshire, The Old Post Office, 41-43 Market Place.

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