Qmover Mfs Ltd

Qmover Mfs Ltd, a family business based in Barton Under Needwood, UK, is a holding company with a solid 4-year track record. Employing 67 people, the company boasts assets of £1,836,000 and generates a substantial £21,621,033 in revenue annually. It’s a real address, with six directors and two owners, and enjoys a perfect 5.0 Google rating from 18 reviews. The company regularly imports meat, fish, and seafood preparations, with the last import operation occurring three months ago in November 2022.

The company operates in the wholesale of fruit and vegetables, meat and meat products, and other food items, including fish. Its website, Midlands Food Service, positions itself as a Thai food partner, offering a wide range of ingredients and services to restaurants and food businesses. They offer menu development, one-stop catering, and supply chain consolidation, catering to group restaurants. They even have STS accreditation, a testament to their commitment to health, hygiene, and food safety.

Looking at the financial data, there’s a mixed picture. Accrued liabilities decreased, which is a positive sign, but accumulated amortisation impairment intangible assets increased significantly. Cash bank on hand saw a massive jump, a good sign for liquidity, but overall net assets declined. The company’s revenue dropped slightly, but the cost of sales also decreased. Bank borrowings increased, and creditors also rose, suggesting a need to manage debt. Despite these challenges, the company's staff costs increased, reflecting a commitment to its workforce. The lack of an auditor mentioned likely means the company is exempt from an audit, relying on unaudited statements.

Overall, Qmover Mfs Ltd appears to be a well-established business facing some financial pressures. While the company's Thai food partner division seems to be thriving, the holding company's financials suggest a need for careful management and a focus on cost control.

Registered in England/Wales under the registration number 12968664, with a registered address at DE13 8EJ, United Kingdom, Barton Under Needwood, Rylance Farm Ind Est Walton Lane, Barton Under Needwood.

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