Ardent Foods Ltd

Ardent Foods Ltd from Wellingborough UK: a small, active company founded two years ago, employs one person, and holds £268,431 in assets. It’s a solo-founded venture with one director and owner, operating from a real address and showing an irregular import history of drinks, alcohol, and vinegar (just one month of imports recorded). The company is registered as a private limited company, and its legal name is ARDENT LOGISTICS LTD.

The company’s website highlights its role as a wholesaler of African, Caribbean, and Asian foods and beverages, aiming to connect retailers with quality products. It emphasizes competitive pricing, a wide range of products, and prompt delivery services, including same-day options. The site also features a contact form and a legal notice, suggesting a focus on customer engagement and transparency. It seems to be an e-commerce business, though it lacks a traditional online store—instead relying on a contact form for inquiries.

Financially, Ardent Foods Ltd presents a mixed picture. Cash bank on hand has increased dramatically, rising by 1300% to £42,000, which is a good sign. However, creditors have increased substantially, growing by 380% to £540,000, and net assets have plummeted by 160000% to -£270,000. Debtors have also increased, reaching £83,000, and equity has fallen to -£270,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the accounts are unaudited. The significant increase in liabilities, despite the cash increase, suggests the company may be burning through money to grow, or possibly facing challenges managing its short-term obligations. The large increase in creditors could be a result of increased purchasing to meet demand, or it could indicate a need to review payment terms.

Registered in England/Wales under the registration number 14250795, with a registered address at NN8 6QJ, England, Wellingborough, Unit C5 Baird Court, Park Farm Industrial Estate.

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