Muscle Foods Limited

Muscle Foods Ltd, based in Nottingham UK, is a sizable company operating as a holding company with an active status. Established ten years ago in 2014, it employs 152 people and holds assets worth £4,515,645. The company generates a yearly revenue of £22,379,219, operates from a real address, and is managed by three directors and one owner. It runs an e-commerce site and regularly imports plastics and plastic products, with 30 months of import activity recorded. Google reviews are mixed, currently sitting at a 2.0 rating based on 77 reviews.

Classified as a large company – meeting two of three conditions (turnover over £36 million, balance sheet total over £18 million, and more than 250 employees) – Muscle Foods Ltd is a holding company. The company’s average number of employees during the reporting period was 120, a decrease from the previous year. Accrued liabilities and deferred income have increased significantly, by 59%, while cash bank on hand has plummeted by a staggering 85%. Director remuneration has also seen a sharp decline, by 91%, which could indicate restructuring or changes in leadership compensation.

The company’s website clearly positions Muscle Foods as an online retailer specializing in lean meats, hampers, and high-protein meals. It emphasizes convenience, affordability, and a wide selection of products, including chicken, beef, and supplements. The site features numerous promotions, such as free meals and discounts on bulk purchases, targeting health-conscious consumers and fitness enthusiasts. The site also boasts a loyalty program, encouraging repeat business and customer engagement.

While the company’s revenue remains substantial, the decline in net assets and cash reserves suggests potential financial pressures. The increase in trade debtors could indicate difficulties in collecting payments from customers, while the rise in bank borrowings points to increased reliance on debt financing. The lack of a mention of an auditor in the report, likely due to its small size, means the figures are unaudited. It's worth noting that the company opened a distribution centre in Ireland in October 2023, which could be a strategic move to expand its reach and tap into new markets, but also introduces new operational risks.

Registered in England/Wales under the registration number 09019725, with a registered address at NG6 0DW, United Kingdom, Nottingham, 23-25 Park Lane Business Park, Park Lane, Old Basford.

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