RHONDA MEATS LIMITED
Company number 01915027 · Monitor this company
Executive summary
Rhonda Meats Limited presents a concerning profile within the UK meat wholesale sector. While the company benefits from a long trading history, a Smithfield Market location, and a debt-light balance sheet, its underlying trading performance is deeply sub-par—generating operating losses in both FY2024 and FY2025 once exceptional income is stripped out. The 18.6% revenue decline significantly exceeds sector norms, and administrative expenses at 17.5% of turnover are well above the 8-12% typical for meat wholesalers. With cash reserves declining 78.7% year-on-year and a sole director controlling over 75% of equity, the business faces structural competitiveness challenges that its balance sheet reserves can only temporarily absorb. Recovery will require either significant cost restructuring, margin improvement through customer mix optimisation, or strategic repositioning within an increasingly consolidated supply chain.
Shareholders' funds
£3,642,158
Balance sheet as at 2025-03-31
What it does
The principal activity of the company continued to be that of wholesale meat trading.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1985-05-20
- Employees
- 11 (2025 accounts · was 15 in 2024)
- Registered office
- 13-15 East Market, Smithfield, London, EC1 9PQ
- Postcode
- EC1 9PQ
- Capital
- 100,030 GBP
- Accounts category
- Full
- Charges
- 4 outstanding
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-27
- Financial year end
- 27 March
Confirmation statement
- Last statement dated
- 2025-10-16
- Next due by
- 2026-10-30
Nature of business (SIC)
- 46320 Wholesale of meat and meat products
Officers 2 current · 5 resigned
Previous company names
| Name | Date changed |
|---|---|
| BANRAY MEAT WHOLESALERS LIMITED | 1985-07-08 |
Previous registered addresses 4
| Address | Changed on |
|---|---|
| 75 PARK VIEW ROAD, TOTTENHAM, LONDON, N17 9DP | 2006-01-06 |
| 13/15 EAST MARKET, SMITHFIELD, LONDON, EC1 9PQ | 2005-12-07 |
| 9/12 CENTRAL MARKETS, SMITHFIELD, LONDON, EC1A 9AU | 1996-10-01 |
| 106-110 CENTRAL MARKETS, SMITHFIELD, LONDON, EC1A 9AU | 1991-11-12 |
Among its peers
Top 25%
by shareholders' funds, of 32 similar companies in EC
Among the oldest 25% of its local peers, trading since 1985.
No.6 of the largest wholesale of meat and meat products companies in London →
Competitors London
This company ranks 6 among wholesale of meat and meat products in London.
The class of 1985
49%
of the 15,386 companies incorporated in 1985 are still active today; 42% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 2 titles
- Leasehold
- 2
- Most recent registration
- 2013-05-13
- Where
- Greater London (2)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| AGL283669 | Greater London | Leasehold | 2013-05-13 | — |
| AGL283670 | Greater London | Leasehold | 2013-05-13 | — |
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.