Pilgrim Foodservice Limited

Pilgrim Foodservice Limited, based in Boston, UK, is a large, active company founded nineteen years ago. With 293 employees and £8,638,262 in assets, it’s a significant player in the food distribution sector. The company, led by three directors and owned by Bateman Peter, boasts a Google rating of 4.0 from 169 reviews. Pilgrim Foodservice is a regular importer of cereal and milk-based food products, with 51 months of import activity recorded, the latest in January 01, 2025.

The company operates in the non-specialised wholesale of food, beverages, and tobacco industries, supplying the hospitality sector. While no website is available to analyze, its core business revolves around distributing frozen, chilled, and ambient food products, fresh meat, prepared vegetables, and non-food products.

Financially, Pilgrim Foodservice shows a mixed picture. While turnover increased by a healthy 26%, reaching £58 million, net assets declined by 18% to £12 million. Bank borrowings decreased by 21%, to £2.7 million, and cash reserves fell 79%, landing at a negative £790,000. Creditors increased by 36%, to £5.4 million, and trade debtors rose by 24% to £3.9 million, suggesting a potential strain on working capital. The company’s large size (meeting two of three criteria for a large company) and a decrease in the number of employees by 0.68% to 300, may indicate a period of adjustment. The company’s auditor is Moore (N.I.) LLP.

Overall, Pilgrim Foodservice Limited appears to be navigating a challenging period, with revenue growth offset by declines in cash reserves and increases in liabilities. The company’s long history and established customer base should provide a foundation for future success, but careful management of working capital will be crucial.

Registered in England/Wales under the registration number 05526538, with a registered address at PE21 7SJ, England, Boston, Marsh Lane, Riverside Industrial Estate.

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