Cardiff Food Store Limited

Cardiff Food Store Limited is a small, active company based in Palmers Green, UK, founded seven years ago in 2018. With twelve employees and £250,476 in assets, it operates from a virtual address—a detail worth noting as sixty-eight companies are registered at the same location. The company is managed by three directors and owned by Sevimli Umut, whose ownership details were recently updated, a good sign for potential sales opportunities.

The business primarily imports furniture, lighting, and prefabricated buildings, with a recent import activity recorded three months ago. Cardiff Food Store Limited operates in the specialised retail food sector, and its website reveals a focus on property management services. The site lists opportunities like leasing spaces and selling properties, including a former Rangers Hut and a cafe unit in Bute Park. It also advertises properties for sale, such as a house on Rhydypenau Road. The website is managed by Cardiff Council Web Team, and cookies are used to enhance the user experience.

Financially, Cardiff Food Store Limited presents a mixed picture. Accumulated depreciation on furniture and plant machinery increased by 30% and 26% respectively, suggesting investment in assets. However, cash bank on hand plummeted 67% to just £9,300, and net current assets liabilities ballooned to -£80,000. While trade creditors decreased by nearly 50%, suggesting improved debt management, the sharp decline in cash and increase in liabilities raise concerns. 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 flexibility, but the financial pressures are evident. The company's unaudited accounts, with no auditor mentioned, rely on director-reported data.

Registered in England/Wales under the registration number 11354294, with a registered address at N13 4XS, United Kingdom, Palmers Green, London, 293 Green Lanes.

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