Al Halal Prime Meat Ltd

Al Halal Prime Meat Ltd from Birmingham UK: a small, active company founded two years ago, operates from a real address, and is managed by two directors and two owners. It’s an e-commerce business with a solid 4.0 Google rating from 11 reviews. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances parts, with the latest import activity recorded two months ago in November 2023.

The company’s core business revolves around the processing and preserving of meat and poultry, as described on its website. While the site doesn't offer detailed information about its products or services, it suggests a focus on halal meat offerings. The company operates in the processing and preserving of meat, the processing and preserving of poultry meat industries.

Financially, Al Halal Prime Meat Ltd presents a mixed picture. Current assets are down by 24% to £340,000, while net assets plummeted 73% to just £16,000—a significant decline. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. On the upside, creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's irregular import activity suggests a need for careful supply chain management. The decline in net assets, while concerning, could be due to investments in growth or working capital. It’s likely the company is facing some challenges, but its e-commerce presence and halal focus could provide a foundation for future success.

Registered in England/Wales under the registration number 14699569, with a registered address at B28 9EH, England, Birmingham, 1354 Stratford Road, Hall Green.

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