North Star Foods Ltd

North Star Foods Ltd from Peterborough UK is a small, active company founded nine years ago. With a single employee and £263,509 in assets, it operates from a virtual address and is led by a solo founder who also serves as director and owner. The company is an irregular importer of edible vegetables and roots, with just one month of import activity recorded as of October 2023.

The company's website highlights a specialization in Individually Quick Frozen (IQF) fruit, vegetables, spices, and herbs, positioning itself as a preferred supplier partner. It emphasizes the benefits of IQF technology – superior preservation, convenience, reduced waste, extended shelf life – and offers a range of products including IQF onions, garlic, ginger, and chillies. The website also details the IQF process, from preparation to storage, and caters to food manufacturers, wholesalers, and foodservice companies.

Financially, North Star Foods Ltd shows some interesting trends. Cash reserves have surged an impressive 470%, reaching £260,000, while net assets have also grown significantly to £62,000. However, bank borrowings have also increased, rising by 1.1% to £42,000. Creditors have jumped a whopping 760%, reaching £160,000, which might suggest increased purchasing activity or extended payment terms. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible, but the rapid growth in creditors warrants a closer look. The company’s accounts are unaudited, and no auditor is mentioned, which is typical for small companies. Average number of employees has doubled to two, which could be a sign of expansion.

Registered in England/Wales under the registration number 09769542, with a registered address at PE8 4BA, United Kingdom, Peterborough, The Old Town Hall Market Place, Oundle.

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