William White Meats Limited

William White Meats Limited, based in Woodford Green, UK, is a small, active holding company founded 30 years ago. With 34 employees and £2,892,819 in assets, the company operates from a virtual address, a fact highlighted by sixteen companies registered at the same location. It’s managed by five directors and has one owner, and currently enjoys a perfect 5.0 Google rating based on five reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import activity occurring one month ago in July 2023.

The company’s website showcases a traditional butchery alongside innovative meat products designed for foodservice. It highlights meticulous preparation and offers custom creations, alongside FAQs and accreditation details. The site's design, powered by Wix, suggests a modern approach to a classic trade. The business also operates a commercial centre in Thurrock, Aveley, South Ockendon.

Financially, William White Meats Limited presents a mixed picture. While current assets increased by 9.1% to £2,900,000, net assets also rose by 10% to £2,100,000. However, cash reserves experienced a significant drop of 26% to £150,000. Trade debtors increased by 11%, suggesting a potential reliance on outstanding payments, while creditors decreased by 37%, which could be a positive sign of improved debt management. Bank borrowings, however, surged by 2,400%, reaching £29,000. The company’s small size—meeting two of three conditions for a small company—helps it remain agile, but the substantial increase in bank borrowings warrants further observation. The company’s accounts are abridged and unaudited, and no auditor is mentioned, which is typical for small companies.

It seems the company is holding its own, but the rising debt levels could be a cause for concern. The business’s dual focus on traditional butchery and modern foodservice, combined with the online presence, suggests a company adapting to changing market demands.

Registered in England/Wales under the registration number 03027063, with a registered address at IG8 8HD, England, Woodford Green, Essex, 17 Bourne Court Southend Road.

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