Produce Link Ltd

Produce Link Ltd is a small, holding company based in Spalding, UK, with an active status. Founded five years ago in June 2019, it employs just two people and holds assets valued at £162,706. The company, with one director and one owner, operates from a real address shared by seven other companies, suggesting a well-established business location. Produce Link is an irregular importer, primarily dealing in edible fruits and nuts, with its last import activity dating back to August 01, 2020.

The company’s website highlights its role as a vital link between international growers and the British retail market, specializing in avocados, grapes, and tropical vegetables. It offers grower commitment, transparency, and direct access to retailers, acting as a UK sales office for growers and facilitating direct procurement for customers. Produce Link also has a history of delivering essential supply items, starting as a humble florist and expanding into a broader range of products, including flowers, plants, and more. The company’s website also mentions a business called Click Flowers and Plants.

Looking at the financials, Produce Link Ltd shows some concerning trends. While depreciation charges for computer equipment increased by 92%, furniture fittings saw a 27% rise, and motor vehicles a significant 160% jump, cash reserves plummeted by 69%, falling to just £5,200. Creditors decreased by 29%, which is a positive sign, but the sharp decline in current assets—down 21% to £160,000—is a cause for concern. Equity, however, increased by 150%, reaching £16,000, which could be due to retained earnings. Bank borrowings also decreased, a positive sign. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in equity suggests a need for careful financial management. The company is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 12063235, with a registered address at PE11 1TL, England, Spalding, Lincolnshire, 7 Herring Lane.

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