Ready Foods Limited

Ready Foods Limited, based in Oswestry, UK, is a sizable operation with a 19-year history, currently employing 109 people. The company, a holding entity, boasts £2,710,346 in assets and generates a substantial £13,503,056 in yearly revenue. While it has five directors and a single owner, the registered address is a virtual one, with thirty-one companies registered at the same location. Google users rate it 4.0 stars based on eight reviews, and it’s a regular importer of meat and edible meat offal, having imported for 56 months.

The company specializes in cooking a diverse range of menu options for a variety of food sectors, taking the time to listen to clients' needs and helping them bring ideas to market. Its website showcases a recent £2.5 million investment and boasts the ability to produce over 100,000 cooked portions weekly. A new development process involves an in-house chef constantly trialing new products and flavor combinations. The company operates from Unit 3 Cibyn Industrial Park, Caernarfon, and has a phone number and email address listed on its website.

Financially, Ready Foods Limited’s numbers present a mixed picture. Accrued liabilities increased significantly by 75%, while bank borrowings jumped to £26,000. Cash bank on hand, however, plummeted by 99%, leaving only £840. The company’s equity grew by a substantial 99%, reaching £1.8 million, and its turnover remained steady at £14 million. Despite a decrease in administrative expenses, the company’s director remuneration fell by nearly 50%. The company’s auditor, D.R.E. & Co. (Audit) Limited, has provided an audit, and the company is meeting two of three criteria for being a large company. The company’s turnover is £13.5 million, its assets are £2.7 million, and it employs 109 people. It seems like the company is burning through cash, but the increase in equity suggests a possible injection of funds or a revaluation of assets.

Registered in England/Wales under the registration number 05538853, with a registered address at SY10 8BH, Oswestry, Shropshire, The Mill, Morton.

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