Riviera Produce Limited

Riviera Produce Ltd, based in Hayle, UK, is a large, active family business founded 27 years ago. Employing just six people, it boasts impressive assets of £9,999,174 and a yearly revenue of £48,722,243. With six directors and two owners, and a stellar 5.0 Google rating from 79 reviews, it’s a well-regarded operation. The company regularly imports edible vegetables and roots (for 18 months), and exports them irregularly (for just one month).

Riviera Produce operates as a grower of choice for Cornwall, specializing in Brassicas like Cauliflower and other vegetables. Its website highlights its role as a supplier to major UK supermarkets, year-round, from its family farm. The company emphasizes its commitment to sustainability, investing in modern farming technology and cover cropping techniques. It even received funding from the European Agricultural Fund for Rural Development to expand cold storage capacity and improve its packhouse infrastructure. The business also has 7,500 acres and 1000 fields.

Financially, Riviera Produce shows some interesting trends. While its current assets increased by 20%, reaching £10 million, bank borrowings decreased by 11%, settling at £1.7 million. However, the company's net assets declined by 2.6%, dropping to £3.9 million. Cash reserves also decreased by 99%, leaving just £490. The company’s turnover increased by 12%, reaching £49 million, but losses deepened to -£23,000. The company’s auditor is Francis Clark LLP. Despite these challenges, the company’s size (meeting two of three criteria for a large company) and strong Google rating suggest it remains a competitive player in the fresh produce market. The decrease in cash reserves, however, warrants close monitoring.

Registered in England/Wales under the registration number 03456808, with a registered address at TR27 5JQ, Hayle, Cornwall, Higher Trevaskis Farm 14 Gwinear Road, Connor Downs.

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