Palm Produce Limited

Palm Produce Ltd from Peterborough UK: a small, active company founded six years ago, employs three people, and holds £511,389 in assets. It’s a limited company with two directors but no registered owners, and operates from a real address shared by only one other business. The company regularly imports edible fruits and nuts, with its most recent import activity recorded in November 2024.

Palm Produce specializes in sourcing premium fresh produce, representing growers from the UK and around the globe. It’s a significant importer of Medjool dates, holding exclusive marketing rights for some of the world’s finest growers. The company’s website highlights its expertise in date sourcing, offering a wide range of formats—whole, pitted, chopped, and even paste—and catering to retail, wholesale, and food service sectors. Recipes featuring Medjool dates are even showcased, encouraging consumers to explore the fruit’s versatility. It’s clear the company’s focus is on high-quality produce and building strong grower relationships.

Financially, Palm Produce Ltd presents a mixed picture. Cash reserves have increased substantially, up 79% to £270,000, which is good news. However, net assets have fallen slightly, down 11% to £34,000. Creditors have increased significantly, up 45% to £520,000, which could indicate a reliance on short-term financing. Bank borrowings have decreased considerably, down 43%, suggesting improved debt management. Trade debtors have also increased by 14%, which could be a sign of delayed payments from customers. The company’s small size—meeting two of three conditions for being classified as small—helps it maintain flexibility, but the increase in creditors warrants closer attention. No auditor is mentioned, as is typical for small, exempt companies. Overall, Palm Produce appears to be managing, but the rising debts need to be monitored.

Registered in England/Wales under the registration number 11792641, with a registered address at PE2 6FY, England, Peterborough, Lynch Wood Business Park, 1st Floor.

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