Nortech Foods Limited

Nortech Foods Ltd from Doncaster UK: a large company, holding company, active status, founded 42 years ago, 45 employees, £4,666,089 assets, yearly revenue: £26,019,475, real address, 4 directors, 1 owner, google rating 4.0 based on 7 reviews. It's an irregular importer of iron or steel products (1 months imported).

Nortech Foods Ltd operates as a key player in the oils and fats industry, specifically focusing on the manufacture of traditional products like beef dripping, shortening, lard, and ice cream fat. The company’s website highlights its commitment to quality and customer service, showcasing its range of products and even running a “Swap your haddock for a hammock!” promotion for fish and chip shop owners. It seems to be a business that values both heritage and innovation, with a focus on serving the food service sector.

The company’s website is a straightforward, functional site, clearly designed for business-to-business sales. There’s no obvious e-commerce functionality for individual consumers; instead, the site focuses on product information, technical specifications, and contact details. It’s a professional presentation, but not particularly flashy.

Financially, Nortech Foods Ltd presents a mixed picture. While turnover remained relatively stable at £26 million, net assets declined significantly, dropping by 170% to -£1.1 million. This is a substantial shift, likely driven by increased deferred tax liabilities. Bank borrowings increased dramatically by 990%, reaching £310,000, while cash reserves dwindled to just £310. Creditors also increased, suggesting potential cash flow pressures. Despite these challenges, the company’s relatively large size (meeting two of three criteria for a large company) and its established position in the oils and fats market suggest a degree of resilience. The company’s auditor, Paylings, has provided an audit opinion, which lends some credibility to the financial statements. The fact that the company has four directors, and the list was changed four months ago, is a good sign. Overall, Nortech Foods Ltd appears to be navigating a period of financial adjustment, but its core business remains active and its reputation in the industry seems solid.

Registered in England/Wales under the registration number 01685437, with a registered address at DN5 9TL, Doncaster, South Yorkshire, Ings Road, Ings Road.

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