Savona Foodservice Ltd

Savona Foodservice Ltd, based in Kidlington, UK, is a large, active family business founded 21 years ago. Employing 206 people and holding £12,584,416 in assets, it’s a significant player in the food service industry. The company boasts five directors and two owners, operates an e-commerce site, and enjoys a solid 4.0 Google rating from 93 reviews. It’s a regular importer of cereal and milk-based food products, with recent activity recorded just last month.

Savona Foodservice serves a wide range of sectors, including leisure, education, hospitality, care, and the workplace. Its website highlights a commitment to quality ingredients, seamless shopping, and extensive product lines, including fresh produce, frozen meats, and cleaning materials. They even offer bespoke products and menu ideas, catering to current food trends. Ordering is streamlined with a digital service, and the company emphasizes its independence and customer-focused approach. They even have a section dedicated to resources, including brochures, guides, and recipes.

Financially, Savona Foodservice Ltd presents a mixed picture. While current assets remained relatively stable at £13 million, net assets dropped by 13% to £3.5 million. Bank borrowings decreased by 21% to £3.7 million, and cash reserves fell 70% to £9,600. Creditors, however, increased by 20% to £11 million, suggesting a reliance on trade credit. The company meets two of three criteria to be considered large, with turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The audit firm Alliotts LLP conducted the audit.

Despite these financial shifts, Savona Foodservice Ltd appears to be navigating the market with agility. The company’s focus on digital ordering, extensive product range, and commitment to customer service positions it well for continued success. The family business structure and focus on sustainability add to its appeal, but the decline in cash reserves warrants close monitoring.

Registered in England/Wales under the registration number 04764681, with a registered address at OX5 1FP, Kidlington, Oxford, Unit 11-12 Oxonian Park, Langford Locks.

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