Alhaji Foods Ltd

Alhaji Foods Ltd is a small, active company based in London, UK. Founded six years ago in 2019, it’s a solo founder operation employing 25 people and holding assets of £173,740. The company operates from a real address and is overseen by one director and owner. Alhaji Foods Ltd runs an e-commerce site and regularly imports prepared or preserved plant-based foods, with seven months of import activity recorded up to August 1, 2023.

The company's website, Alhaji Suya, focuses on selling suya, a popular Nigerian street food, alongside other Nigerian dishes and party packs. The site offers a range of options, from individual portions to large party packs, catering to both small gatherings and larger events. It also highlights partnerships with various payment providers, ensuring convenient online transactions. The site's design is clean and user-friendly, with high-quality product images and clear calls to action.

Financially, Alhaji Foods Ltd has seen some mixed trends. Accumulated amortisation for intangible assets increased by 34%, likely reflecting continued investment in development. However, bank borrowings have surged by a significant 480%, reaching £93,000, while cash reserves have decreased by 29% to £88,000. Creditors have also increased substantially, jumping 480% to £93,000. Despite this, current assets have decreased by 17% to £170,000. The company’s small size (meeting two of three conditions for a small company) means it’s likely exempt from an audit, and the figures are unaudited. It’s clear that while the business is generating revenue, managing cash flow is a key challenge. The increase in borrowing suggests a need for additional capital, which could be used to expand operations or invest in marketing.

Registered in England/Wales under the registration number 11941560, with a registered address at SE17 2TF, England, London, 210/211 Carter Place.

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