Despina Foods Ltd

Despina Foods Ltd from London UK: a small, active company founded 24 years ago, employs 11 people, and holds £768,668 in assets. It operates from a virtual address and is a family business with three directors and two owners. A 4.0 Google rating from 519 reviews highlights its popularity, and it’s a regular importer of cereal and milk-based food products, having imported for 57 months.

The company's website, Despina Foods, offers a wide range of products, from alcohol and bakery items to fresh fruit and vegan options, catering to both retail and wholesale customers. It runs an online store with categories like BBQ supplies, chilled goods, and electrical appliances. The site also features a "Product Request" section, indicating a willingness to source specific items for customers. It seems to be primarily an e-commerce business, with orders processed Monday to Thursday and delivery options available up to 20kg. A physical location is listed at Bowes Road, Arnos Grove, N11 1NL.

Financially, Despina Foods Ltd presents a mixed picture. While current assets increased by 15% to £770,000, cash reserves dropped 20% to £91,000. Trade debtors surged by 46% to £380,000, which could indicate a need to improve collections. Creditors also increased by 44% to £200,000. The company's small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the increase in debt warrants attention. The lack of an auditor mentioned suggests it’s exempt from an audit as a small company, so the figures are unaudited. It’s a bit strange that the company is losing money, but the directors seem to be managing it.

Registered in England/Wales under the registration number 04211847, with a registered address at N12 8QA, London, 869 High Road, North Finchley.

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