Produce Plus Ltd

Produce Plus Ltd, based in Haywards Heath, UK, is a small, active company established 23 years ago. With five employees and £1,033,224 in assets, it operates from a virtual address, managed by three directors and two owners. The company regularly exports prepared or preserved plant-based foods – 28 months of export activity recorded, the latest in December 2024 – but imports plastics and plastic products irregularly, with just two months of import activity.

The company’s website highlights its passion for produce, positioning itself as a well-established distributor and marketer meeting the needs of growers and partners. It focuses on supplying supermarkets and food service customers both domestically and internationally, emphasizing quality, consumer research, and supply chain expertise. Produce Plus also imports potatoes from various locations, including France, Egypt, and Israel, and exports UK-grown potatoes across Europe. The site even details efforts to develop new markets in Algeria, Morocco, Tunisia, and the Far East.

Financially, Produce Plus Ltd shows a mixed picture. Cash bank on hand increased significantly, jumping 130% to £400,000, which is a positive sign. However, creditors have risen sharply, increasing 150% to £680,000, suggesting increased reliance on short-term borrowing. Current assets also grew by 67% to £1,000,000, while net assets remained stable at £360,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the rise in creditors could be a cause for concern. With no auditor mentioned, the unaudited figures rely on director-reported data.

Overall, Produce Plus Ltd seems to be navigating a period of growth, but it’s important to monitor its debt levels. The company's focus on quality and market intelligence, combined with its expanding export markets, suggests a solid foundation for future success.

Registered in England/Wales under the registration number 04396441, with a registered address at RH16 3EN, England, Haywards Heath, West Sussex, Oathall House C/O Umpleby Accountancy, 70 Oathall Road.

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