35 Foods Ltd

35 Foods Ltd is a small, active company based in Tring, UK, established eighteen years ago in 2006. With two employees and £69,082 in assets, it operates from a virtual address shared by fifteen other companies, a detail that warrants some scrutiny. The company is led by three directors and owned by Bamberger Kerry, a solo founder. It’s a regular importer, specializing in miscellaneous food products, with 26 months of import activity recorded, the last operation taking place in October 2023. The company’s activities fall under “other business support service activities n.e.c.” industries.

The company’s website is currently unavailable, making it impossible to assess its online presence or e-commerce activities. Without a website, it's difficult to determine if the company sells directly to consumers or operates solely as a wholesale importer.

Financially, 35 Foods Ltd presents a mixed picture. Cash reserves have significantly decreased, dropping 80% to just £4,500, while bank borrowings remain steady. Current assets also declined by 15%, settling at £69,000. However, trade debtors have increased by a substantial 39%, reaching £17,000, suggesting a potential issue with customer payments or a strategic decision to offer more credit. Creditors have also decreased by a significant 60%, to £8,100, which could indicate improved debt management. Equity remains steady at £36,000. The company meets the criteria for a small company, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

The sharp decline in cash reserves and the increase in trade debtors are concerning. It’s possible that the company is experiencing cash flow challenges, perhaps due to delayed payments from customers or increased operating expenses. The steady equity, however, suggests a stable ownership structure. It's worth noting that the company's address is virtual, which could be a red flag for some, though it’s a common practice for small businesses.

Registered in England/Wales under the registration number 05981805, with a registered address at HP23 5TE, Tring, Herts, The Counting House, High Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.