Aytac Foods Limited

Aytac Foods Limited, based in London, is a small, active company established 24 years ago. With 38 employees and £118,747 in assets, it operates from a real address on Argall Avenue and is led by two directors and a solo founder. The company runs an e-commerce site and regularly imports prepared or preserved plant-based foods (275 months of import activity, latest in October 2024) while also exporting cereal and milk-based food products (4 months of export activity, latest in July 2017).

The company's website showcases a wide range of wholesale food products, catering to both retail and catering businesses. It’s a B2B trade shop with a focus on Turkish and Mediterranean foods, offering everything from cheeses and meats to dried fruits, nuts, and beverages. The site emphasizes competitive pricing, free delivery options within London, and a WhatsApp contact for quick inquiries. It even features promotional deals and a catalogue download.

Financially, Aytac Foods Limited’s recent performance presents a mixed picture. Current assets have decreased significantly by 50% to £120,000, while bank borrowings have increased by 5.6% to £3.4 million. Cash reserves, however, have doubled to £76,000, which is a positive sign. Debtor values have fallen by a large 79%, which could indicate issues with collecting payments. Creditors have risen by 8.7%, and net assets have increased by 4.7% to £940,000. The company meets the criteria for being a small business, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

Overall, Aytac Foods Limited appears to be navigating a period of change. The increase in bank borrowings and decrease in debtors suggest some financial pressure, but the improved cash position and growing net assets indicate a potential for recovery. The company’s focus on wholesale and e-commerce, along with its diverse product range, positions it well for continued growth, although careful management of cash flow will be essential.

Registered in England/Wales under the registration number 04012056, with a registered address at E10 7FB, Argall Avenue, London, Office Management Suit 1, Unit 4 Forest Business Park.

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