Abiglobal Foods Limited

Abiglobal Foods Ltd, based in London, UK, is a small holding company with an active status, having been founded 14 years ago in 2010. Employing just three people, the company holds assets worth £1,564,267 and operates from a real address in Canning Town. With one director and one owner, Abiglobal Foods runs an e-commerce site and has a solid Google rating of 4.0 based on 179 reviews. It's a regular importer of drinks, alcohol, and vinegar, with 94 months of import activity recorded, the latest in February 2025.

The company's website, Abiglobal Foods Online, showcases a wide range of African and Caribbean food products, from groceries and frozen meats to fresh vegetables and household items. It’s a fully functional e-commerce platform, allowing customers to browse products, add them to their cart, and complete purchases online. The site also features bundle offers and a loyalty program, encouraging repeat business. There's a clear emphasis on competitive pricing and fast shipping, with multiple store locations listed in London.

Financially, Abiglobal Foods Ltd presents a mixed picture. Creditors have increased by a substantial 37%, reaching £1.3 million, while cash reserves have jumped an impressive 3,400%, now at £19,000. Bank borrowings have decreased by 20%, down to £150,000, and trade debtors have fallen by 7.2% to £1.2 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests a need for careful cash flow management. There is no auditor mentioned, likely due to the company's small size and exemption from audit requirements.

The surge in creditors could be a result of increased stock purchases to meet online demand, or perhaps a shift in payment terms with suppliers. It’s also worth noting that the company’s net assets have increased by 18%, indicating overall financial health. While the company is doing well, it's important to monitor these trends to ensure sustainable growth.

Registered in England/Wales under the registration number 07394642, with a registered address at E16 2BS, England, London, Unit 2k St.Marks Industrial Estate, 439 North Woolwich Road.

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