T.h.clements & Son Limited

T.H. Clements & Son Ltd, based in Boston, UK, is a sizable company with a 59-year history, currently employing 439 people. The company holds assets worth £21.199 million and generates a yearly revenue of £90.453 million. It’s a holding company with an active status and a real address, managed by four directors and one owner. Google users rate it a perfect 5.0 based on 25 reviews. The company regularly imports and exports edible vegetables and roots, having imported for 43 months and exported for 14.

The company's website showcases a passion for brassicas, from broccoli to sprouts, highlighting over 200 years of combined experience within the industry. T.H. Clements operates as a customer-driven, family business, supplying retailers since 1982 and establishing itself as a leading supplier in the UK. The site provides detailed information on its products, including broccoli, Brussels sprouts, cabbage, cauliflower, leeks, potatoes, and more, offering recipes and showcasing its farming process.

Financially, T.H. Clements & Son Ltd shows a mixed picture. While turnover increased by 19%, reaching £90.453 million, cash reserves have fallen by a significant 85%, dropping to £170,000. Bank borrowings have surged by 70%, reaching £700,000, and net assets have increased by 12%, reaching £11 million. Creditors have decreased by 15%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) provides stability, but the sharp decline in cash reserves is a cause for concern. No auditor is mentioned, which is common for companies of this size.

The company's focus on fresh produce and its established presence in the UK market suggest a strong foundation. However, the financial data indicates a need for careful management of cash flow and potentially, a re-evaluation of borrowing strategies.

Registered in England/Wales under the registration number 00869514, with a registered address at PE22 0EJ, Boston, Lincolnshire, West End, Benington.

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