Afrogrocers Ltd

Afrogrocers Ltd, based in Leeds, UK, is a small, active company founded eleven years ago in 2014. With five employees and £750,587 in assets, it’s a modest operation led by one director and owner. Boasting a perfect 5.0 Google rating from 214 reviews, the company is a regular importer of drinks, alcohol, and vinegar, with 34 months of import activity recorded, the last in December 2024. The company operates in the wholesale of meat and meat products, the wholesale of wine, beer, spirits and other alcoholic beverages, the non-specialised wholesale of food, beverages and tobacco, and the other retail sale in non-specialised stores.

The company’s website is currently unavailable, making it difficult to assess its online presence and e-commerce activities. It’s unclear if the company operates an online store or relies solely on wholesale distribution.

Financially, Afrogrocers Ltd presents a mixed picture. Cash bank on hand increased significantly by 160%, reaching £690,000, while net assets grew by 97%, totaling £330,000. However, bank borrowings decreased by 30%, settling at £23,000. Creditors also decreased by 30%, dropping to £23,000. Perhaps most notably, the number of employees has increased dramatically, rising 140% to twelve. 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 employee numbers may indicate expanding operations. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Afrogrocers Ltd appears to be growing, with a strong cash position and positive customer reviews. However, the lack of an online presence and the absence of detailed financial information leave some questions unanswered.

Registered in England/Wales under the registration number 08919311, with a registered address at LS9 9LF, England, Leeds, Unit C Curtis Building, 4 Berking Avenue.

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