Milgro Ltd

Milgro Ltd from Limavady UK: a small, active company founded 22 years ago, employs 21 people, and holds £8,776,509 in assets. It’s a real address with five directors and two owners, operating as a family business with a stellar 5.0 Google rating based on four reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with just one month of imports recorded.

The company’s primary focus is growing vegetables and melons, roots and tubers, operating from a purpose-built facility. Known locally as “The Onion People,” Milgro is the largest grower, packer, and processor of onions for leading retailers across the country. Its website showcases a range of onion products, including brown, red, shallots, and garlic, as well as crispy onion offerings with original, steak, and salted chilli flavours. The company emphasizes its family history, nurtured land, and commitment to providing healthy food.

Financially, Milgro Ltd’s recent performance shows some interesting trends. Accumulated amortisation impairment intangible assets increased by 9.1%, while accumulated depreciation impairment property plant equipment rose by 6.5%. Cash and cash equivalents increased significantly by 12%, but corporation tax payable jumped by 67%. Creditors also increased by 63%, suggesting a reliance on trade credit. Despite these changes, net assets grew by 5.7%, and total assets less current liabilities also increased by 5.7%. 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. There is no auditor mentioned, so the figures are unaudited.

While Milgro Ltd’s financial position appears generally stable, the increase in creditors and the rise in corporation tax payable are worth noting. The company’s success hinges on its strong brand reputation, efficient operations, and ability to adapt to changing consumer preferences—and the family’s long-standing commitment to growing quality onions.

Registered in Northern Ireland under the registration number NI046085, with a registered address at BT49 9EB, United Kingdom, Limavady, County Londonderry, 82 Carrowclare Road.

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