NATCO FOODS LIMITED
Company number 00782674 · Monitor this company
Executive summary
Natco Foods is a well-established food wholesaler with over 60 years of trading history, demonstrating strong revenue growth (from £58M to £87M over four years) and significantly improved profitability (PBT doubled to £4.5M in 2024). The balance sheet is robust with net assets of £12.7M and comfortable gearing at 39%, while earnings retention rather than dividend extraction builds financial resilience. The primary credit concern is the 62% cash decline to £0.79M, likely driven by strategic inventory buffer-building and working capital demands, which requires monitoring but is manageable given the strong operating cash generation potential. Credit approval is recommended with conditions requiring quarterly accounts review, a minimum cash covenant, and dividend restrictions during the facility term.
Shareholders' funds
£12,713,041
Balance sheet as at 2024-12-31
What it does
The principal activity of the company during the year was that of importation, distribution and sale of foodstuffs. There have been no changes in the company's activities in the year under review.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1963-11-28
- Employees
- 190 (2024 accounts · was 181 in 2023)
- Registered office
- Unit 2 Swan Business Park, Osier Way, Buckingham, MK18 1TB
- Postcode
- MK18 1TB
- Capital
- 3,250,000 GBP
- Accounts category
- Full
- Charges
- 3 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-06-29
- Next due by
- 2027-07-13
Nature of business (SIC)
- 46390 Non-specialised wholesale of food, beverages and tobacco
Officers 6 current · 3 resigned
Group structure
Controlled by T.CHOITHRAM & SONS(LONDON)LIMITED — since 2022-03-07
Controlled by THE GREENCLIFFE FOUNDATION LTD — since 2022-03-07
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Modern slavery statement
Registered a modern slavery statement for 2021 (period to 2021-04-01) — 2 years on the registry.
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Contact details
- Website
- natcofoods.com
- Phone
- +44 1280825431, +44 1280825430, 01280825430
Previous company names
| Name | Date changed |
|---|---|
| T.CHOITHRAM & SONS(STORES)LIMITED | 2003-05-02 |
Previous registered addresses 1
| Address | Changed on |
|---|---|
| CHOITHRAM HSE, LANCELOT RD, WEMBLEY, MIDDX HA0 2BG | 2006-02-06 |
Among its peers
Top 10%
by shareholders' funds, of 24 similar companies in MK
The largest employer among its local peers (190 staff).
2nd oldest of its local peers, trading since 1963.
Competitors Milton Keynes
This company ranks 2 among non-specialised wholesale of food, beverages and tobacco in Milton Keynes.
Property in England & Wales 1 title
- Leasehold
- 1
- Most recent registration
- 2023-02-27
- Where
- Greater London
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| AGL589936 | Greater London | Leasehold | 2023-02-27 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.