Woods Foodservice Limited

Woods Foodservice Limited, based in Uxbridge, UK, is a well-established wholesale catering supplier with a strong presence in the London area. Founded 43 years ago in 1982, the company boasts a real address, employs 128 people, and holds £5,821,097 in assets. It's a large company, meeting two of three criteria for size: turnover exceeding £36 million, balance sheet total over £18 million, and more than 250 employees. The business is led by three directors and owned by Darren Labbett, who is also a director. It has a respectable Google rating of 4.0 based on 57 reviews. Woods Foodservice regularly imports prepared or preserved plant-based foods, with 151 months of import activity recorded.

The company’s website, woodsfoodservice.co.uk, is a fully functional e-commerce platform designed for wholesale buyers. Customers can browse a wide range of catering supplies, create accounts, and place orders online. The site features a multi-search function, quick order options, and lists of offers—all geared toward streamlining the purchasing process. It's clear the company is actively engaging in online sales.

Financially, Woods Foodservice Limited shows a mixed picture. While revenue remained stable, there's been a noticeable shift in key areas. Accrued liabilities and deferred income decreased by 45%, a positive sign of improved financial management. However, accumulated amortisation and impairment of intangible assets increased by 130%, which could indicate investments in software or other assets. Bank borrowings decreased by 23%, suggesting reduced reliance on external financing, but cash and cash equivalents fell by a significant 76%, which is a cause for concern. Despite these challenges, administrative expenses only increased slightly, by 2.8%. The company’s average number of employees decreased by 10%, which could be a result of restructuring or changing market conditions. Despite a drop in current assets, the company is still holding £5.8 million, but the decrease in cash reserves is something to watch. The company’s auditor is Saffery LLP.

Overall, Woods Foodservice Limited appears to be navigating a period of change. While the company is still financially healthy with substantial assets, the decrease in cash reserves and increase in intangible asset amortisation suggests a need for careful financial planning. The company’s strong online presence and established reputation position it well for future success, but monitoring these trends will be crucial.

Registered in England/Wales under the registration number 01620340, with a registered address at UB8 2YF, United Kingdom, Uxbridge, Middlesex, 5 Riverside Way.

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