R Owton (wholesale Butchers) Limited

R Owton Wholesale Butchers Ltd, based in Southampton, UK, is a sizable operation with a long history, having been active for nineteen years. The company, which functions as a holding company, employs 120 people and boasts assets of £4,276,824. Its yearly revenue reaches £29,411,088, showcasing a robust business. It has two directors and one owner, and operates an e-commerce site with a respectable Google rating of 4.0 based on 46 reviews. The company regularly imports meat and edible meat offal, with a history of 30 months of imports.

The business is a large company, meeting two of three criteria: turnover exceeding £36 million, balance sheet total exceeding £18 million, and an average of more than 250 employees. It operates as a holding company and has an active status. The company is owned by Owtons Holding Ltd. Samantha Owton and William Miles are the directors.

The company’s website, salesowtons.com, highlights its commitment to delivering fresh meat directly to customers. It offers a wide range of products, from Easter BBQ meats to steaks and sausages, with a focus on quality and convenience. Customers can even receive a free pack of smokey bacon sausages when they spend £80 or more. The site emphasizes next-day delivery to Hampshire and surrounding areas, using their own refrigerated vans.

Financially, R Owton Wholesale Butchers Ltd shows some concerning trends. Accrued liabilities and deferred income have increased by 68%, while bank borrowings and overdrafts have completely disappeared, a significant shift. Cash bank on hand, however, has skyrocketed by an impressive 1800%, reaching £1.3 million. Despite this, net assets have fallen by 20%, and turnover has decreased by nearly 7%, suggesting a possible squeeze on profits. The company’s creditors have also increased by 30%, which could be a cause for concern. The company’s auditor is Hopper Williams & Bell Limited.

While the company’s strong revenue and asset base indicate a solid foundation, the recent financial trends suggest a need for careful management. The surge in cash, while positive, may also indicate a slowdown in sales or a need for strategic investment. The company’s continued success will likely depend on its ability to maintain its reputation for quality and adapt to changing market conditions.

Registered in England/Wales under the registration number 05543261, with a registered address at SO30 2PA, United Kingdom, Southampton, Unit 17 Chalcroft Business Park, Burnetts Lane.

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