Village Quality Products Limited

Village Quality Products Ltd, based in Loughton, UK, is a sizable company operating as a holding entity with an active status. Established twelve years ago in 2013, it employs eighty-seven people and holds assets valued at £15.3 million. The company generates an annual revenue of £27.6 million, operating from a real address and overseen by two directors and a single owner. It runs an e-commerce site and regularly imports prepared or preserved plant-based foods (998 months) and exports cereal and milk-based food products (11 months). Google ratings are a little low at 3.0 based on twenty-three reviews.

The company’s website highlights its role as a leading ethnic food supplier, offering a wide range of products from seasoning and spices to meat and fish. It caters to both commercial and retail customers, with a focus on wholesale distribution. The site’s product categories are extensive, showcasing a diverse selection of food items from various regions. Best sellers are clearly marked, and the company emphasizes its commitment to quality and customer service.

Financially, Village Quality Products Ltd presents a mixed picture. While turnover remained stable at £28 million, net assets decreased by 14% to £6.7 million, suggesting a dip in equity. Cash reserves fell by 30% to £3.7 million, and bank borrowings increased by 200% to £200,000. Creditors also rose by 18% to £6.6 million, indicating a greater reliance on short-term financing. The company’s size (meeting two of three criteria for a large company) suggests a more established operation, but the decline in equity and cash reserves warrants closer attention. The audit firm, Alton & Co, has issued an opinion on the financial statements, providing some assurance of their reliability.

Overall, Village Quality Products Ltd appears to be navigating a challenging economic climate. While its core business remains active and its e-commerce presence is well-maintained, the financial data suggest a need for careful management and strategic planning to ensure long-term sustainability. The company’s reliance on imports and exports also makes it vulnerable to global supply chain disruptions.

Registered in England/Wales under the registration number 08373109, with a registered address at IG10 3SQ, England, Loughton, Unit 1 The Britannia Centre, Lenthall Road.

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