Innovate Foods Limited
- Active
- Large
- 37 years
- 109 employees
- £13,093,757 (cur assets)
- £27,673,464 (revenue)
- 15m-54m
- Regular importer
- Regular exporter
- Real address
- 4 directors
- No owners
- Kirkcaldy
- Rating 4.0 (27)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
The directors list was changed 3 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
Innovate Foods Ltd, based in Kirkcaldy, UK, is a large, holding company with an active status, having been established 36 years ago in 1989. The company employs 101 people and holds assets valued at £9,803,500, generating a yearly revenue of £24,323,529. With six directors and one owner, it maintains a Google rating of 4.0 based on 27 reviews. It regularly imports cereal and milk-based food products (31 months) and exports miscellaneous food products (16 months).
The company operates in the food processing and prepared meals industries, serving both foodservice and retail sectors. It’s a bespoke food producer, with a history of ambition and growth, now part of the Frostkrone Food Group, benefiting from an expanded international presence. Today, Innovate Foods generates £20 million in turnover, distributing its products across Europe, Asia, and the Middle East, producing over 4 million kilos annually from its Fife factory. It supplies well-known high street names, both retail and foodservice.
Financially, Innovate Foods Ltd presents a mixed picture. Current assets have decreased by 21%, falling to £9.8 million, while net assets increased by 29%, reaching £8.1 million. Cash reserves have increased by 64%, to £610,000, a positive sign. However, bank borrowings have decreased by 97%, to £15,000. Trade creditors have decreased by 56%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) indicates a stable, established business. The lack of a mentioned auditor suggests that the financial statements are unaudited.
The company’s continued growth in retail, alongside support for foodservice partners, suggests a strategic focus on adapting to market challenges. The increased investment at the facility, combined with plans for further expansion, indicates a commitment to long-term growth.
The company operates in Processing & manufacturing → Foods → Fruits & vegetable products; Processing & manufacturing → Foods → Prepared meals and dishes.
Registered in Scotland under the registration number SC116286, with a registered address at KY1 2YG, Scotland, Kirkcaldy, Fife, Barncraig Boreland Road, Dysart.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Managers
-
Individual
- N/A
- 1
-
Resident of United Kingdom
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- 2 years
- 4
-
Resident of Germany
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Individual
- 6 years
- 1
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Resident of Germany
Last reports
The latest confirmation statement submitted seven months ago.
Last news
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Full accounts made up to 2025-12-31Download 31 pages pdf report
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Termination of appointment of Roman Wedel as a director on 2026-06-24Download 1 page pdf report
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Termination of appointment of Roman Wedel as a secretary on 2026-06-24Download 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Innovate Foods Limited
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