Baraka Bakery Limited

Baraka Bakery Ltd, a small, active company based in London, UK, was founded six years ago in 2018. It employs just three people and holds £41,164 in assets. Run by a solo founder and one director, the company has a respectable 4.0 Google rating from 22 reviews. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just two months of import activity recorded as of August 2018.

The company’s website, Baraka Flour Mills, reveals a larger operation than initially apparent. It’s a wheat flour production company based in Changamwe Road, Kenya, specializing in fortified wheat varieties and organic products. The site emphasizes quality, health, and a commitment to British craftsmanship. It even has three brands, and a team of knowledgeable professionals. The website also highlights milling processes adhering to safety regulations, and even has a social media presence on Facebook, Twitter, and Instagram.

Financially, Baraka Bakery Ltd presents a mixed picture. Current assets decreased by 24%, dropping to £41,000, while net assets increased by 55%, reaching £49,000. Cash bank on hand improved by 17%, rising to £19,000. However, creditors increased by 35%, reaching £36,000, and net current assets plummeted 81%, ending at just £5,200. Trade debtors have also decreased significantly, falling 46% to £20,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in net current assets suggests it’s burning through cash. As a small company, it’s exempt from an audit, relying on unaudited accounts.

While the flour milling operation in Kenya appears robust, Baraka Bakery Ltd in London seems to be navigating a period of financial strain. The company’s ability to sustain both operations, and its reliance on imported goods, will be key to its future success.

Registered in England/Wales under the registration number 11435650, with a registered address at N9 0TY, England, London, Unit 8 The Concourse.

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