Daily Purchases Ltd

Daily Purchases Ltd is a small, active company based in Oldham, UK, founded three years ago. It’s a solo venture, run by a single director and owner, Ashfaq Hamza, and employs just one person. The company operates an e-commerce site, focusing on retail sales via mail order and the internet. While the address is probably real, as only one other company is registered there, it’s a small operation with £6 in assets.

The website, Daily Harvest, is a subscription service offering pre-portioned smoothies, bowls, bites, pasta, and other meals. It boasts a wide range of dietary options, including plant-based, Whole30, and high-protein choices, and emphasizes convenience and nutrient density. The site is well-designed and features a lot of customer testimonials, suggesting a focus on brand building and customer retention.

Financially, Daily Purchases Ltd is facing some challenges. Cash bank on hand has completely vanished, dropping 100% to zero. Creditors have increased significantly, jumping 99% to £1,600, while current assets have also disappeared. Net assets and net current assets are both down 100% to -£1,600. This suggests the company is struggling to manage its short-term liabilities and is likely burning through cash. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's agile, but the sharp decline in equity is concerning. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Despite the financial pressures, Daily Harvest’s website suggests a focus on growth and customer acquisition. Whether the company can sustain its operations with limited cash reserves remains to be seen—but for now, it’s betting on its convenient, healthy meal options to attract and retain subscribers.

Registered in England/Wales under the registration number 13596697, with a registered address at OL9 9TG, England, Oldham, 9 Redwood, Chadderton.

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