True World Foods (uk) Ltd

True World Foods Uk Ltd, a large company based in London, UK, has been a fixture in the seafood import and export industry for three decades. Employing 75 people, the company boasts £15.1 million in assets and generates an impressive £34.6 million in yearly revenue. Despite having a virtual address, it operates with two directors and no listed owners, maintaining a respectable 4.0-star Google rating from 40 reviews. The company regularly imports and exports fish and seafood, including shellfish, having imported for 576 months and exported for 30 months.

The company's website paints a picture of a premium seafood supplier catering to world-class restaurants. It emphasizes freshness, expertise, and sustainability, offering a wide range of products and services, including a frequently updated product catalogue and a subscription service. The site highlights the company’s commitment to reliability, quality, and customized service, with a focus on a fast and reliable distribution network. They boast 3,000 weekly deliveries and a 30-tonne weekly production capacity, serving 1,000 weekly customers.

Financially, True World Foods Uk Ltd shows a mixed picture. While revenue remained stable, depreciation and impairment of property, plant, and equipment increased by 14%, and administrative expenses rose by 17%. However, cash bank on hand improved by 11%, and current assets grew by 6.6%. Amounts owed by group undertakings participating interests increased by a significant 140%, and interest expense on bank overdrafts remained constant. The company's net assets and liabilities increased by 11%, indicating a strengthening financial position. The company's turnover is £34.599.343.

The company's financial data reveals a possible shift in strategy, with increased focus on managing debt and streamlining operations. The lack of an auditor mentioned suggests that the company is exempt from external audits, relying on internal controls and management oversight. While the company’s strong brand reputation and commitment to quality position it well in the competitive seafood market, it’s important to monitor its financial performance closely to ensure long-term sustainability.

Registered in England/Wales under the registration number 02986582, with a registered address at E14 5HU, United Kingdom, London, C/O Corporation Service Company (Uk) Limited, 5 Churchill Place, 10th Floor.

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