Fife Creamery has creamed off even more success with pre-tax profits up 60% at £1 million.
The performance surpassed the 2013 rise of 28% which was hailed by the directors as marking a very successful year for the company.
That phrase was repeated by director David Simpson in his report on the company’s accounts for the year to September 2014.
Turnover rose 13% to £23.7m and gross profits increased by 5% to £3.3m.
Shareholders’ funds were up 6% at £3m, and assets exceeded liabilities by almost £1.3m.
The directors assessed the main risk facing the company as the continuing economic uncertainty within the UK but believe there are sufficient systems and controls to allow the business to react to changes in the economic environment.
They hope to see continued satisfactory trading in the current year.
The board declined to elaborate on the company’s success on Tuesday.
Family-owned Fife Creamery whose base is on the Randolph Industrial Estate in Kirkcaldy, brands itself as Scotland’s leading supplier of speciality chilled foods.
Now 50 years old, it began from a single van touring the country selling only 1/4 lbs of traditional butter.
It is now a major undertaking with 118 employees and has dozens of temperature-controlled vehicles supplying nearly every sector of the food industry in Scotland from a 30,000sq ft, state-of-the-art chilled depot.
Customers include restaurants and hotels, contract caterers, the NHS, and thousands of other retail and food service businesses.
The company invested £2m in an upgrade for its custom-built depot, which holds many major well-known brands and processes a total product range of approaching 3,500 lines.
In 2013 the firm announced a “significant” tie-up with Scotmid, designed to enhance the chain’s stocks of local Scottish products across its 194-strong store estate.
Steve Appolinari, Fife Creamery’s sales and marketing director, said the deal was one of the most forward-thinking collaborations Scotland’s convenience sector had ever seen.
It was expected to boost the number of local food producers on the shelves in Scotmid’s shops, including brands like Fife’s DipNation, Mackie’s at Taypack in the Carse of Gowrie and the Pitlochry-based Rannoch Smokery.