Smithy Mushrooms Limited

Smithy Mushrooms Exotic, Wild, Fresh Mushrooms is a sizable company based in Ormskirk, UK, with a 35-year history and an active status. Employing 60 people, it holds assets valued at £1,805,338 and generates an impressive £7,858,961 in revenue annually. Despite its size, the company operates from a virtual address – a red flag as 107 companies share the same location – and is managed by seven directors, with no owners officially listed. It maintains a stellar 5.0 Google rating based on 47 reviews.

The company specializes in growing and selling exotic, wild, and fresh mushrooms, supplying national supermarkets, Michelin-starred restaurants, and wholesale markets. It operates from a three-acre site in West Lancashire, cultivating a wide variety of mushrooms. Its website highlights a dual business model: selling fresh and dried mushrooms online, and collaborating with The Fermentation Station to offer pickled mushroom products. It also provides grow kits for amateur mycologists, encouraging customers to cultivate their own mushrooms at home.

Financially, Smithy Mushrooms shows some concerning trends. While revenue has increased slightly, net assets have declined significantly, and cash reserves have plummeted by 75%, leaving just £35,000. Bank borrowings have also decreased, and administrative expenses have fallen, suggesting a possible effort to cut costs. However, depreciation expenses have soared by an astonishing 1100%, which could indicate significant investments in equipment or property. The company’s size – meeting two of three criteria for a large company – suggests it’s navigating a competitive market. The lack of an auditor mentioned is not surprising given its size, and the figures are unaudited.

Despite these challenges, Smithy Mushrooms maintains a strong online presence and a loyal customer base. The company’s focus on quality and innovation, coupled with its established relationships with key suppliers and retailers, positions it for continued success – though careful management of its finances will be essential.

Registered in England/Wales under the registration number 02480783, with a registered address at L39 2BY, England, Ormskirk, Lancashire, 32 Derby Street.

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