Ejoy Asian Foods Ltd

Ejoy Asian Foods Ltd, based in Liverpool, UK, is a small, active company founded thirteen years ago. With twenty-two employees and £217,092 in assets, it's a well-established business boasting a stellar 5.0 Google rating from 339 reviews. The company has one director and one owner, and operates from a real address. It’s a regular importer, particularly of machinery, boilers, and mechanical appliances, with recent activity recorded just three months ago.

The company’s website reveals a rapidly expanding operation. Ejoy Asian Foods isn't just a grocery store; it's developing into a vibrant street food hub. The grand opening of its new Devon Street store showcases a diverse range of vendors, including hotpot specialists, Chinese takeaway options, dim sum chefs, and bubble tea bars. The site actively promotes its food vendors, exclusive membership deals, and even a “coming soon” burger lab. Locations are listed for both Devon Street and Myrtle Street, and opening hours are consistent seven days a week.

Financially, Ejoy Asian Foods Ltd shows a mixed picture. While bank borrowings have increased dramatically by 380%, reaching £42,000, cash reserves have plummeted 85%, leaving just £3,200. Creditors have also risen significantly, up 41% to £310,000. A concerning trend is the decrease in net assets, down 39% to £40,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity and cash is a cause for concern. Future minimum lease payments have also increased by a staggering 600%, reaching £120,000. With no auditor mentioned, the financial statements are unaudited.

Overall, Ejoy Asian Foods Ltd seems to be experiencing a period of rapid expansion, but this growth is putting a strain on its finances. The company's ambitious plans, including the new Devon Street store and diverse food vendors, suggest a desire to become a major player in Liverpool's Asian food scene, but managing cash flow will be crucial for its long-term success.

Registered in England/Wales under the registration number 08057960, with a registered address at L7 7EL, England, Liverpool, 1 Myrtle Parade, Ejoy Asian Foods.

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