Eliko Food Distributors Limited

Eliko Food Distributors Ltd from London UK: a small, active company founded 48 years ago, employs seven people, and holds £3,065,249 in assets. It’s a family business with three directors and three owners, boasting a respectable Google rating of 4.0 based on five reviews. The company regularly imports cereal and milk-based food products (498 months, last import February 2025) and occasionally exports them (7 months, last export August 2022).

The company operates within the non-specialised wholesale of food, beverages, and tobacco industries, and its registered address is real, with only eight companies registered at the same location. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Looking at the financial data, Eliko Food Distributors Ltd shows some interesting trends. Current assets increased by 14% to £3.1 million, while net assets grew by 4.4% to £5.3 million. Bank borrowings decreased by 8.4% to £1.3 million, and cash reserves surged by a remarkable 160% to £900,000. Creditors, however, increased by 28% to £1.9 million, and trade debtors remained stable. The number of employees increased by 43% to ten.

While the company's assets and cash reserves are healthy, the rise in creditors suggests a need to manage debt more effectively. The increase in employees could be a positive sign of growth, but it also means higher operational costs. The company is exempt from an audit as a small company, so the financial statements are unaudited.

Overall, Eliko Food Distributors Ltd appears to be financially stable, with healthy assets and growing cash reserves. However, it’s important to monitor the rise in creditors and ensure that the increased operational costs associated with a larger workforce are managed effectively.

Registered in England/Wales under the registration number 01311596, with a registered address at N16 6XS, England, London, First Floor Offices 94, Stamford Hill.

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