Bs Foodco Ltd

Bs Foodco Ltd, based in Bradford, UK, is a small holding company with an active status, established three years ago. With eight employees and £65,223 in assets, it operates from a real address and is overseen by two directors and one owner. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of imports recorded.

Bs Foodco Ltd’s core business revolves around the food industry, specifically unlicensed restaurants and cafes, event catering, and takeaway food shops. Its website, Best Safe Food, showcases a wide range of dried fruits and nuts, alongside a separate venture focused on high-end piano restoration. The website highlights a commitment to quality and customer service, with a blog offering insights into the industry.

Financially, the company’s situation presents a mixed picture. Current assets have surged by an impressive 630%, reaching £65,000, while debtors have also increased significantly, jumping 740% to £59,000. However, net assets have declined by 71%, settling at -£15,000, and cash reserves have dropped to £2,000. Bank borrowings have also increased substantially, rising by 1000% to £46,000. Creditors have increased by 2500%, reaching £20,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the financial data remains unaudited.

The sharp decline in equity suggests the company may be burning through cash, potentially due to increased investment in inventory or marketing efforts. The rise in debtors could indicate challenges in collecting payments from customers. However, the significant increase in current assets suggests a surge in sales, which could be a positive sign for the future. It’s likely that the company is still navigating the challenges of a startup, and its long-term success will depend on its ability to manage its finances effectively.

Registered in England/Wales under the registration number 13821265, with a registered address at BD7 1NX, United Kingdom, Bradford, West Yorshire, Bombay Stores Bombay Buildings, Shearbridge Road.

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