Reids Food Service Limited

Reids Food Service Ltd, based in Dalry, UK, is a sizable company with an active status, having been established 23 years ago. Employing 50 people, the company boasts assets of £8,838,522 and generates a yearly revenue of £19,803,764. It operates from a real address and is led by two directors and one owner. Reids Food Service maintains an e-commerce site and enjoys a respectable Google rating of 4.0 based on 17 reviews. The company is a regular importer of meat, fish, and seafood preparations, having imported for 8 months, with the latest import occurring in January 2025.

The company's website highlights its role as a catering food and drink supplier, delivering across Glasgow, Edinburgh, and Ayrshire six days a week. It operates a modern facility in Dalry, utilizing a fleet of 25 refrigerated vehicles. Reids Food Service is part of the Sterling Supergroup buying consortium, offering competitive prices. The site emphasizes next-day delivery for orders placed before midnight and encourages customers to download their app for easy ordering. The business has a rich history, originating as a small dairy farm in the 1950s and evolving into the present-day wholesale operation.

Financially, Reids Food Service Ltd demonstrates a mixed picture. While net assets increased by a substantial 15% to £9.3 million, cash reserves also saw a significant boost, rising 15% to £5.6 million. However, bank borrowings increased by 2400%, reaching £29,000, and creditors decreased by 36%, suggesting better debt management. The company’s size—meeting two of three criteria for a large company—allows for flexibility, but the increase in bank borrowings warrants attention. The company’s auditor is Xeinadin Audit Limited.

The company’s focus on regular imports, combined with its e-commerce presence and a growing customer base, suggests a solid foundation. However, the increased reliance on bank borrowing could pose a challenge in the future.

Registered in Scotland under the registration number SC221431, with a registered address at KA24 4LR, Dalry, Ayrshire, Bridgend House, Bridgend Industrial Estate.

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