M.J. BAKER FOODSERVICE LIMITED
Company number 03672718 · Monitor this company
Executive summary
M.J. Baker Foodservice Limited presents a paradox of financial strength and strategic uncertainty. The company's balance sheet has strengthened considerably over five years, with shareholders' funds nearly tripling to £10M, cash reserves of £6.1M against liabilities of only £2.1M, and improving profit margins. However, the transition to Kitwave Limited ownership, departure of founding directors, and incomplete revenue recovery to pre-COVID levels introduce significant unknowns regarding future strategic direction. The lack of visibility on 2022-2024 performance during a period of substantial sector inflation and management change represents the most critical gap requiring resolution before a complete risk assessment can be made.
Shareholders' funds
£9,991,969
Balance sheet as at 2021-12-31
What it does
The company's principal activity continued to be the distribution of ambient, chilled and frozen goods. The company supplies these goods to the catering trade throughout the west country.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1998-11-18
- Employees
- 0 (2021 accounts)
- Registered office
- Unit S3 Narvik Way, Tyne Tunnel Trading Estate, North Shields, Tyne And Wear, United Kingdom, NE29 7XJ
- Postcode
- NE29 7XJ
- Capital
- 99,310 GBP
- Accounts category
- Full
- Charges
- 3 outstanding
Accounts
- Last made up to
- 2024-10-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-11-07
- Next due by
- 2026-11-21
Nature of business (SIC)
- 56290 Other food services
Officers 3 current · 22 resigned
Group structure
Controlled by KITWAVE LIMITED — since 2022-02-10
From persons-with-significant-control filings on the public register.
Contact details
- Website
- mjbakerfoodservice.co.uk
- Phone
- 07968245722, 01626833366, 07833090175
Among its peers
Top 1%
by shareholders' funds, of 118 similar companies in NE
Among the oldest 25% of its local peers, trading since 1998.
No.1 of the largest other food services companies in Newcastle Upon Tyne →
Competitors Newcastle Upon Tyne
This company ranks 1 among other food services in Newcastle Upon Tyne.
The class of 1998
43%
of the 55,901 companies incorporated in 1998 are still active today; 54% have since been dissolved.
A fact about the year, not a forecast for this company.