Stewarts Of Tayside Limited

Stewarts Of Tayside Limited, based in Perth, UK, is a substantial company with a 37-year history, currently employing 427 people. Holding company status and an active trading status, it boasts assets totaling £11,395,136. The company operates from a real address and is overseen by four directors and one owner. It also runs an e-commerce site. The company is involved in both importing and exporting, importing natural materials for weaving and crafts for a short period (1 month) and exporting oil seeds and fruits used for oil for a longer period (8 months).

The company’s website highlights its core business: growing and packing fresh produce, particularly fruit. It’s a family-run operation with a strong emphasis on sustainable farming practices and delivering nutritious produce. Beyond farming, the website showcases a range of services, including arable farming, transport, and even careers in factory work, tractor driving, and mechanics. It also has a partnership with Fare Share, fighting hunger across the UK.

Financially, Stewarts Of Tayside Limited shows a mixed picture. While net assets increased by a significant 45%, from £9.8 million to £15 million, indicating overall growth, some areas raise concerns. Cash reserves saw a substantial jump of over 400%, reaching £240,000—a positive sign of improved liquidity. However, bank borrowings increased dramatically, reaching £1.3 million, and net losses deepened to £3.6 million. Trade debtors also increased, suggesting potential issues with customer payments. Creditors decreased, which is a good sign. The company meets the criteria for a large company, having met two out of three conditions: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The company's accounts were audited by Johnston Carmichael LLP.

These figures suggest the company is experiencing a period of expansion, but also faces challenges in managing its finances. The increased reliance on bank borrowings and the deeper net losses could be a result of investments in growth or increased operating costs. It's possible that the company is navigating a competitive market or facing supply chain disruptions.

Registered in Scotland under the registration number SC109136, with a registered address at PH2 7LS, Perth, Tofthill, Glencarse.

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