The Veg Factor Limited

The Veg Factor Ltd from Loughborough, UK, is a small, active company founded 16 years ago. With 26 employees and £619,462 in assets, it operates from a real address and is overseen by three directors and a single owner. Its Google rating stands at a perfect 5.0 based on nine reviews, and it runs an e-commerce site. The company is an irregular importer, primarily dealing with essential oils and perfumes, with recent activity recorded just two months ago.

The Veg Factor Ltd specializes in the wholesale of fruit and vegetables, offering a wide range of products through its online store. The website showcases partnerships with local producers like Cocoa Amore, Vine Farm Dairy, Hambleton Bakery, Dickinson Morris, Manor Farm Yogurt, Mr Pitchforks Pickles, Colston Basset Dairy, Laurence J Betts, Drivers Pickles, New Covent Garden Market, Great Food Club, Westlands, and even offers a glimpse into its sourcing practices, including daily trips to New Covent Garden Market. The site’s navigation menu highlights its online shopping capabilities, customer support, and company story.

Financially, The Veg Factor Ltd shows a mixed picture. Current assets decreased by 4%, settling at £620,000, while net assets increased by 14%, reaching £430,000. Bank borrowings were reduced by 31%, dropping to £23,000, and cash reserves fell by 23%, landing at £33,000. Creditors were reduced by 14%, suggesting improved debt management. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the increase in corporation tax payable by 160% to £100,000 is a notable concern. The unaudited accounts, exempt due to its small size, rely on director-reported data.

Overall, The Veg Factor Ltd appears to be navigating a period of change. While its asset base and net assets have improved, the rise in tax liabilities and decline in cash reserves suggest it’s carefully managing its finances. The company’s reliance on local producers and its commitment to online sales position it well in the wholesale market, but its long-term success will depend on maintaining its financial stability and adapting to evolving customer demands.

Registered in England/Wales under the registration number 06813010, with a registered address at LE12 8LD, Loughborough, Leicestershire, 26 Hayhill Industrial Estate, Barrow Upon Soar.

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