Alwan Supermarket Ltd

Alwan Supermarket Ltd, based in London, UK, is a small, active company founded eight years ago in 2017. With 27 employees and £381,424 in assets, it’s a modest operation managed by three directors and two owners. The company holds a respectable 4.0 Google rating from 491 reviews, suggesting a positive customer experience. It operates in the specialised retail food industry and is an irregular importer, primarily dealing in drinks, alcohol, and vinegar, with the latest import activity recorded two months ago.

The company’s online presence is limited to an Instagram account, suggesting a focus on in-store sales and local customer engagement rather than a significant e-commerce strategy. The Instagram page showcases a selection of products and promotional offers, hinting at a traditional supermarket model with a modern, visual marketing approach.

Financially, Alwan Supermarket Ltd presents a mixed picture. While current assets increased by 11% to £420,000, net assets remained relatively stable at £170,000. Bank borrowings decreased by 28% to £25,000, indicating improved debt management, but cash reserves declined by 30% to £59,000. Creditors decreased by 3.8% to £250,000, and trade debtors increased significantly by 78% to £250,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 10 employees. The lack of an auditor mentioned is likely due to its small size and exemption from an audit.

The financial data reveals a company that’s managing its debts well, but the increase in trade debtors could indicate challenges in collecting payments from customers. The decrease in cash reserves, while not alarming, warrants monitoring. Overall, Alwan Supermarket Ltd appears to be a stable, if somewhat financially tight, small business, relying on its local presence and customer service to maintain its operations.

Registered in England/Wales under the registration number 10692348, with a registered address at NW9 9DT, United Kingdom, London, 425 Kingsbury Road.

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