Suffolk Food Hall Limited

Suffolk Food Hall Ltd, based in Ipswich, UK, is a small, family-run business with an active status. Established eighteen years ago, it employs 107 people and holds £817,954 in assets. The company operates from a real address and is overseen by three directors and three owners. It’s a thriving destination for local food enthusiasts, boasting an e-commerce site and a wide range of activities. The company also imports furniture, lighting, and prefabricated buildings, with recent activity recorded just one month ago.

The Suffolk Food Hall website paints a picture of a foodie haven. It's more than just a shop; it’s an experience. Customers can enjoy a “champion of champions” for local food, with everything from fresh produce and meat to artisan bakery goods and a wine merchant. There's a restaurant, a café, and even a Pilates studio, obstacle course, and cookery school—a truly diverse offering. The site actively promotes local farmers and producers, highlighting its commitment to quality and provenance.

Financially, Suffolk Food Hall Ltd presents a mixed picture. While net assets increased by 20% to £1.8 million, cash reserves saw a significant jump of 160% to £540,000. However, bank borrowings also increased substantially, rising by 170% to £330,000. Creditors decreased by 14%, suggesting improved debt management. The company’s small size—meeting two of three criteria for being a small company—allows for flexibility, but the increase in borrowings could indicate investment or expansion. The lack of an auditor mentioned suggests the company is exempt as a small company, relying on unaudited statements.

The company’s net losses deepened from -£20,000 to -£190,000, while trade debtors ballooned by 54%. The company’s increase in bank borrowings could be a sign of investment or expansion, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 05980763, with a registered address at IP9 2AB, Ipswich, Wherstead Hall, Peppers Lane, Wherstead.

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