Speyfruit Limited

Speyfruit Ltd from Moray, UK, is a small, family-run business with an active status, celebrating 24 years since its founding. Employing 29 people and holding £612,346 in assets, it operates from a real address in Elgin and is managed by three directors and two owners. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 23 reviews. It’s an irregular importer, primarily dealing in edible vegetables and roots, with its last import operation recorded in November 2023.

The company’s website, speyfruit.co.uk, positions itself as “The Fruit Veg Specialists,” offering a wide range of fresh produce, dairy, pantry staples, and even Asian food items. It caters to both local customers and those seeking convenience through online ordering and delivery. The site prominently features a "Trade Wholesale" section, suggesting a B2B component alongside its retail focus. It also offers a digital gift card option, and a "Shop Local" campaign, emphasizing its commitment to supporting local producers. A notable addition is its “Asian Supermarket” section, stocking frozen exotic fruits, fish, spices, and sauces.

Financially, Speyfruit Ltd shows a mixed picture. Current assets have increased by 26%, reaching £610,000, while net assets have also risen by 31%, reaching £600,000. However, bank borrowings have increased significantly, and cash reserves have decreased by 9.7% to £2,200. Trade debtors have also increased considerably, reaching £560,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in debt suggests a need for careful management. The accounts are abridged and unaudited, and no auditor is mentioned.

Overall, Speyfruit Ltd appears to be a well-regarded local business with a growing online presence. While the financial figures indicate some challenges, its commitment to local sourcing and customer service suggests a solid foundation for continued success.

Registered in Scotland under the registration number SC211546, with a registered address at IV30 6NG, Moray, 5 Chanonry Road South, Elgin.

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