The Roasting Company Limited
- Large
- Active
- 19 years
- 29 employees
- £8,142,309 (assets)
- £15,458,711 (revenue)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
- Irregular exporter
- Rating 4.0 (9)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Phones
Summary
The Roasting Company Ltd, based in Sleaford, UK, is a large, active company established nineteen years ago. Employing twenty-nine people, it boasts impressive assets of £8,142,309 and yearly revenue of £15,458,711. Despite having a virtual address—fifteen companies registered at the same address—it’s managed by two directors and one owner, and currently holds a Google rating of 4.0 based on nine reviews. The company regularly imports oil seeds and fruits for oil processing (fifty months of imports), but only occasionally exports prepared or preserved plant-based foods (one month of exports).
The Roasting Company specializes in processing nuts, acting as a leading supplier of ingredients and bulk snacks. Its website highlights a focus on almonds, cashews, peanuts, pistachios, hazelnuts, pecans, macadamias, walnuts, and Brazil nuts, catering to a wide range of applications including cereals, cereal bars, peanut butter, ice cream, and bakery products. The company emphasizes its BRC AA accredited factory, UK-based operations, and ability to provide bespoke or typical nut ingredients for well-known brands. It’s a family-owned business, and a large part of their business is focused on the UK.
Financially, The Roasting Company shows some concerning trends. Current assets have decreased by 20% to £8,100,000, while net assets have fallen 7.1% to £6,400,000. Bank borrowings have increased significantly, rising by 130% to £1,200,000, and cash reserves have fallen 41% to £1,600,000. On the positive side, creditors decreased by 38%, suggesting improved debt management. The company meets two of three criteria to be considered a large company—it has a turnover of £15,000,000 and assets over £8,000,000, but has fewer than 250 employees. The unaudited accounts, prepared by Wright Vigar Limited, don’t provide a full picture, but the decrease in cash reserves and increase in borrowings suggests the company is burning through money. The company’s success seems to be tied to its ability to maintain its position as a market leader in nut processing, and its expertise in roasting, chopping, and flavour application.
Registered in England/Wales under the registration number 05635309, with a registered address at NG34 7EQ, United Kingdom, Sleaford, Lincolnshire, Melbourne Park House Royal Oak Business Park, East Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Priestley John Langstaff
- 8 years
- 9
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Messenger Roger John
- 17 years
- 1
-
Resident of United Kingdom
-
Individual
- Priestley John Langstaff
- 19 years
- 21
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2024-11-06 with no updatesDownload 3 pages pdf report
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Full accounts made up to 2023-12-31Download 23 pages pdf report
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Confirmation statement made on 2023-11-06 with updatesDownload 4 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about The Roasting Company Limited
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