Billingsgate Smoked Fish Ltd

Billingsgate Smoked Fish Ltd from Colchester UK: a small, active company founded six years ago, employs two people, and holds £92,208 in assets. Operating from a virtual address (shared by 132 other companies), it’s a family business with two directors and two owners, boasting a perfect 5.0 Google rating from 2058 reviews. The company regularly imports fish and seafood, including shellfish, with 14 months of import activity recorded.

The company’s website, however, reveals a surprising connection to the City of London Corporation. While Billingsgate Smoked Fish Ltd focuses on wholesale food, the website prominently features the Corporation's initiatives, events, and services. There’s no clear indication of a direct business relationship, but the website’s content suggests a focus on supporting local businesses and promoting the City’s offerings. The site doesn’t appear to be an e-commerce platform; instead, it serves as an informational hub for the City of London.

Financially, Billingsgate Smoked Fish Ltd shows a mixed picture. Current assets increased slightly to £92,000, while net assets rose 10% to £13,000. Bank borrowings decreased by 32%, falling to £25,000, and cash reserves dropped 36% to £7,400. Creditors increased by 14%, reaching £67,000. The company’s small size (meeting two of three conditions for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows it to remain nimble. The decrease in cash reserves, however, suggests the company may be burning through money, and the rise in creditors indicates a need to manage debt carefully. With no auditor mentioned (likely exempt as a small company), the financial data relies on unaudited statements. Overall, Billingsgate Smoked Fish Ltd appears to be a small, family-run business navigating the challenges of a competitive market, while also seemingly promoting the City of London Corporation's initiatives.

Registered in England/Wales under the registration number 11398121, with a registered address at CO2 7BA, England, Colchester, Essex, Ground Floor Southway House, 29 Southway.

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