Steele Fine Foods Limited

Steele Fine Foods Ltd from Diss, UK, is a small, family-run business with an active status, having been founded 14 years ago in 2011. Employing ten people, the company holds £1,961,541 in assets and operates from a real address within the Forge Business Centre. Two directors and two owners—Steele Graham Paul and Steele Michelle Victoria—manage the business, which boasts a Google rating of 4.0 based on eight reviews. The company is a regular importer, specializing in cereal and milk-based food products, with 11 months of import activity recorded.

The company's website highlights its role as a supplier of fine foods across East Anglia, offering a wide range of products from olives and antipasti to baking ingredients and catering essentials. It caters to restaurants, pubs, hotels, delis, bakeries, and producers, emphasizing competitive pricing and British craftsmanship. The website also showcases a commitment to locality and provenance, sourcing products from local suppliers whenever possible. It's clear that Steele Fine Foods isn't just a supplier; it's a partner to businesses throughout the region.

Financially, Steele Fine Foods Ltd presents a mixed picture. While current assets increased by 8.2% to £2,000,000, net assets only rose 9.4% to £1,700,000. Bank borrowings increased significantly, and cash reserves fell 30% to £41,000. Creditors also increased, suggesting a reliance on short-term financing. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in cash reserves warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

Despite these financial challenges, Steele Fine Foods Ltd appears to be a well-regarded supplier with a strong local presence. The family-run nature of the business, combined with its focus on quality and service, suggests a commitment to long-term sustainability. It’s likely that the company will continue to navigate the complexities of the food service industry, adapting to changing customer needs and market conditions.

Registered in England/Wales under the registration number 07510196, with a registered address at IP22 1AP, Diss, Norfolk, Unit 8 Forge Business Centre, Upper Rose Lane Palgrave.

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