Dragonfly Foods Limited

Dragonfly Foods Ltd from Exeter UK is a small, holding company with an active status, having been founded 33 years ago in 1991. The company employs 30 people and holds assets valued at £1,601,993. It has a real registered address, is overseen by four directors, and is owned by one individual. Google users rate it 4.0 stars based on 19 reviews, and it's a regular importer of machinery, boilers, and mechanical appliances—parts, with 27 months of import activity recorded.

The company operates in the manufacture of other food products, and its website isn’t particularly expansive, suggesting a business-to-business focus rather than direct consumer sales. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and employees less than 50.

Financially, Dragonfly Foods Ltd shows some interesting trends. Cash reserves have increased significantly by 210% to £290,000, which is a positive sign. However, net assets have decreased by 3.8% to -£6,700,000, a concerning trend. Bank borrowings have also decreased by 17%, and creditors have increased by 29%, which could indicate a need for better cash flow management. The company's fixed assets have decreased by 5%, and depreciation charges remain steady.

The company's financial statements are unaudited, which is common for small businesses. The company’s ultimate controlling party is Y Hayashi. Despite the mixed financial picture, the increase in cash reserves suggests the company is managing its day-to-day operations effectively. The decrease in net assets, however, warrants further investigation—perhaps due to investments in growth or increased competition.

Registered in England/Wales under the registration number 02631793, with a registered address at EX15 3FH, Exeter, Devon, Unit 7 King Place Hitchcocks Business Park, Uffculme.

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