The Summer Berry Company Uk

The Summer Berry Company Uk, based in Chichester, West Sussex, is a large, holding company with an active status, having been incorporated 38 years ago in 1987. With 761 employees and £17.122 million in assets, the company generates a yearly revenue of £46.634 million. It operates from a real address and is overseen by two directors and one owner. Google users rate it 4.0 out of 5 based on 64 reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 19 months of import activity and 3 months of export activity.

The Summer Berry Company Uk is primarily involved in growing berry crops, a business that extends beyond its UK operations with a subsidiary, TSBC (Portugal) Unipessoal Lda. The company's website highlights its expertise in cultivating various berry types, including strawberries, raspberries, and blueberries, and even offers a range of value-added products like frozen berries and jams. The Portuguese subsidiary focuses on exporting these products to European markets.

Financially, the company’s situation presents a mixed picture. Current assets decreased by 8.5% to £17 million, while net assets plummeted 500% to -£5.5 million. Bank borrowings surged by 5.1% to £21 million, and cash reserves fell 100% to zero. Creditors increased by 16% to £41 million. The company's small profits decreased by 21% to -£5.4 million. The lack of employees (reported as 570, a significant drop from 760) suggests a restructuring or efficiency drive. The financial statements were audited by Saffery LLP.

Despite the concerning equity drop and cash depletion, the company’s established presence in the berry industry and its export operations suggest resilience. The Portuguese subsidiary likely contributes to revenue diversification, but the need to manage debt and improve profitability is evident. The company's long history and reputation for quality could be key to navigating these challenges, but careful financial management will be crucial for its future success.

Registered in England/Wales under the registration number 02087609, with a registered address at PO20 2DX, England, Chichester, West Sussex, Groves Farm, Colworth.

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