Strathroy Dairy Limited

Strathroy Dairy Ltd, hailing from Omagh, UK, is a substantial player in the dairy industry, holding company status, and boasting an active trading status. Established 38 years ago in 1986, the company employs 154 people and manages assets valued at £27,490,639, generating a yearly revenue of £148,477,895. With five directors and one owner, it maintains a solid 4.0-star Google rating based on 66 reviews, indicating a positive customer perception. The company’s real address is registered, and it regularly imports machinery, boilers, and mechanical appliances, with a recent import operation made in September 2023.

The company’s website showcases Strathroy Dairy as Ireland's oldest family dairy, producing milk, buttermilk, cream, and butter. It emphasizes partnerships with local farmers to source high-quality milk, which is then processed and distributed throughout Ireland. The website highlights the company's history, dating back to 1850, and its commitment to delivering premium dairy products. They also have a blog with recipes and information about their farmers.

Financially, Strathroy Dairy Ltd presents a mixed picture. While turnover increased by a substantial 25%, to £150 million, net assets declined by 18% to £23 million. Bank borrowings increased by a significant 430%, reaching £900,000, while cash reserves decreased by 30% to £640,000. Creditors, however, decreased by 18%, suggesting improved debt management. The company’s size – meeting two of three conditions for a large company – indicates a substantial operation, but the decrease in equity could be due to investments in expansion or operational challenges. The company’s financial statements were audited by CavanaghKelly, a reputable firm.

The surge in bank borrowings, coupled with the decrease in cash reserves, suggests that Strathroy Dairy Ltd may be burning through money, possibly due to increased operating expenses or investments in new equipment. The decrease in net assets, despite increased turnover, could indicate that the company is not efficiently converting sales into profits. However, the decrease in creditors suggests that the company is managing its short-term liabilities effectively. The company’s continued focus on quality Irish dairy products and its strong brand reputation position it well for future success, but careful financial management will be crucial to navigating these challenges.

Registered in Northern Ireland under the registration number NI019798, with a registered address at BT79 7JD, Omagh, Co Tyrone, Shergrim, Mountjoy East.

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