Asorti Food Ltd

Asorti Food Ltd from Hornchurch UK: small company, active status, founded 12 years ago, 2 directors, 9 employees, £85,387 assets, real address, 2 owners. Regular importer of plastics and plastic products (5 months imported).

Asorti Food Ltd is a small, active company based in Hornchurch, UK, established twelve years ago. It employs nine people and holds £85,387 in assets, operating from a real registered address. The business is owned and directed by two individuals, Mickevicius Evaldas and Pacesas Kestutis, who have held these positions for twelve and eight years respectively. The company regularly imports plastics and plastic products, with nineteen months of import activity recorded, the latest in September 2023.

The company’s website, AsortiFoods, showcases a range of Lithuanian food products available for wholesale and retail. The site highlights salads, herring, marinated meats, ready-to-eat meals, and desserts, catering to both commercial and individual customers. It also emphasizes delivery options, including free delivery for orders over £40, and payment methods like bank transfer or cash on delivery. The website’s design is functional, with a clear menu structure and product categories, but it lacks a modern, visually appealing aesthetic. It also has a blog section.

Financially, Asorti Food Ltd shows a mixed picture. Current assets increased by a modest 4.8% to £85,000, while net assets grew by 18% to £50,000. Bank borrowings decreased by 26%, reaching £27,000, and cash reserves increased by 200%, reaching £7,700. Creditors decreased by 29%, 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. With no auditor mentioned, the figures rely on unaudited statements.

The company’s focus on importing plastics and plastic products, alongside its retail of food products, suggests a diversified business model. The increase in cash reserves is a positive sign, but the reliance on imported goods could make it vulnerable to supply chain disruptions. It’s also worth noting that the company’s website, while functional, could benefit from a more modern design to attract a wider customer base.

Registered in England/Wales under the registration number 08498583, with a registered address at RM11 1TX, United Kingdom, Hornchurch, 127a High Street.

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