Stirling Potatoes Limited

Stirling Potatoes Ltd, based in Montrose, UK, is a large, active company founded 26 years ago. Employing 68 people, it holds £3,024,630 in assets and generates £13,088,133 in yearly revenue. A holding company with three directors and one owner, Stirling Potatoes Ltd is a regular importer of plastics and plastic products, with recent activity in December 2024. The company's registered address is a real one, with only one other company registered at the same location.

The company operates in the processing and preserving of potatoes, the growing of vegetables and melons, roots and tubers industries. Its website doesn’t reveal an e-commerce presence, suggesting a business-to-business model rather than direct consumer sales.

Financially, Stirling Potatoes Ltd presents a mixed picture. While turnover increased by a substantial 45%, to £13,000,000, net assets decreased by 24%, falling to £2,500,000. Bank borrowings rose significantly, increasing by 1,700% to £240,000, and cash reserves declined by 25%, settling at £750,000. Creditors also increased by 15%, reaching £1,600,000. The company meets two of three conditions to be considered large, indicating a significant scale of operations. No auditor is mentioned, suggesting the accounts are unaudited.

These trends could be attributed to several factors, such as increased operating costs, investments in new equipment, or changes in customer payment patterns. The rise in bank borrowings suggests the company may be leveraging debt to fuel growth or manage short-term cash flow challenges. It’s a sizable operation, but the decline in net assets warrants close monitoring.

Registered in Scotland under the registration number SC192529, with a registered address at DD10 9TQ, Montrose, Angus, Upper Dysart Farm.

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