Skoulikas Bedford Limited

Skoulikas Bedford Ltd from Spalding UK is a small holding company with an active status, having been founded 35 years ago in 35 years. Employing 25 people, the company holds assets worth £2,298,000 and generates a yearly revenue of £6,816,000. Based at a real address, it’s managed by five directors and one owner. The company regularly imports cereal and milk-based food products (305 months imported) and exports soaps, cleaning products, and waxes (6 months exported).

The company operates as a wholesale business, importing and distributing food products to retailers and businesses. Its website showcases a diverse product range, including Greek and Italian specialties, from olives and pasta to high-end pianos. While the core business focuses on food wholesale, the presence of a piano division—1066 Pianos—adds a layer of complexity and suggests a broader family business with varied interests. The website is well-designed, emphasizing quality, brand recognition, and customer service.

Financially, Skoulikas Bedford Ltd presents a mixed picture. While turnover increased by 3.4% to £6,800,000, net assets decreased by 6.2% to £1,400,000. Cash reserves fell 30% to £710,000, and bank borrowings surged by 2,400% to £29,000. Creditors decreased by 18%, indicating improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity raises concerns. No auditor is mentioned, meaning the accounts are unaudited.

Overall, Skoulikas Bedford Ltd seems to be navigating a challenging economic climate. The company's diversified interests and focus on quality could provide a buffer against market fluctuations, but the financial data suggest a need for careful management. It’s clear that the business is holding steady, but facing pressures, and it’s uncertain whether the two businesses can sustain each other long-term.

Registered in England/Wales under the registration number 02485291, with a registered address at PE11 3YR, Spalding, Lincolnshire, Total Produce Enterprise Way, Pinchbeck.

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