Thornton Sugar Limited

Thornton Sugar Ltd from Bury St Edmunds UK: large company, active status, founded 13 years ago, 11 employees, £9,566,328 assets, yearly revenue: £45,806,506, real address, 5 directors, 1 owner. It’s an irregular importer of sugars and sweets (2 months imported) and a regular exporter of sugars and sweets (10 months exported). The company operates in the wholesale of sugar and chocolate and sugar confectionery industries.

Thornton Sugar Ltd is an independent family business providing fine ingredients and advice in sugar to the food industry since 1959. Their website highlights a commitment to service and information, encouraging customers to contact them directly. They also have a website called 1066 Pianos, which is a high-end piano restoration business.

Financially, Thornton Sugar Ltd appears to be facing some challenges. While revenue remains strong at £45,806,506, there are some concerning trends. Accrued liabilities increased by 14%, and bank borrowings jumped 32%, reaching £1.2 million. However, cash bank on hand saw an 18% increase to £1.1 million. The company's directors remuneration increased by a significant 110%, reaching £530,000. It’s a large company, having met two of the three criteria: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The company’s auditors, Knights Lowe Limited, have stated that the financial statements give a true and fair view of the company’s affairs.

These numbers suggest that Thornton Sugar Ltd is managing its assets well, but the increase in borrowing and director remuneration could be a sign of increased investment or operational costs. The company’s long history and family ownership, along with its diverse business ventures, indicate a resilience and adaptability that could help it navigate these financial pressures.

Registered in England/Wales under the registration number 07876622, with a registered address at IP32 7GY, England, Bury St Edmunds, Suffolk, Unit 2a, Greenwood Court Skyliner Way, Suffolk Business Park.

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