Western Brand Poultry Products (ni) Ltd

Western Brand Poultry Products (ni) Ltd, based in Enniskillen, UK, is a sizable company with an active status, having been established eighteen years ago. Employing 166 people, the company boasts assets of £19,179,118 and generates revenue of £34,679,838 annually. With a real address and three directors, alongside one owner, it maintains a stellar 5.0 Google rating based on nine reviews. The company is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances parts, with a recent import operation occurring one month ago.

The company operates in the processing and preserving of poultry meat, and the production of meat and poultry meat products industries. It’s a private limited company with a legal name of Western Brand Poultry Products (ni) Ltd. The company’s production software is Caseware UK (AP4) 2023.0.135, and its auditor is AAB Group Accountants Limited.

Financially, Western Brand Poultry Products (ni) Ltd shows some interesting trends. Cash and cash equivalents have increased significantly, up 66% to £12 million, a positive sign of liquidity. However, net losses have also increased, from £3.5 million to £4 million. Bank borrowings have risen by a substantial 61%, reaching £650,000, and creditors have increased by 8.4% to £4.6 million. The company’s turnover has grown by 5.5% to £35 million, indicating a healthy top-line performance. Despite this, a 5% decrease in depreciation expense could suggest reduced investment in plant and machinery. The company meets two of three criteria to be considered a large company: turnover more than £36 million, balance sheet total more than £18 million, employees more than 250.

The rise in borrowings and the increased net losses, despite the revenue growth, suggest the company may be reinvesting heavily in its operations or facing increased costs. The lack of a detailed breakdown of expenses makes it difficult to pinpoint the exact cause, but it’s a trend worth monitoring. It’s possible the company is expanding its operations, which could explain the increased borrowing, but the increased losses indicate a need for careful cost management.

Registered in Northern Ireland under the registration number NI061909, with a registered address at BT92 0FA, Northern Ireland, Enniskillen, 11 Screevagh Road, Lisnaskea.

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