Elinas Impo-expo Limited

Elinas Impo Expo Ltd from Birkenhead, UK, is a small, active company founded fifteen years ago. With just two employees and £230,742 in assets, it’s a solo founder operation managed by a single director and owner. The company, based at a real address, is an irregular importer, primarily dealing with cereal and milk-based food products, with just one month of import activity recorded as of June 2019.

The company’s website, Elinas Croissants and Snacks, reveals a wholesale distribution business focused on pastries and snacks. They are the exclusive UK and Ireland distributors for Elka products, supplying well-known retailers like Asda and Booker. Their range includes popular items like Daily Croissants, Belino Croissants, Replay Snacks, and My Little Garden packs, all boasting impressive eight-month shelf lives. The website highlights shelf-ready display packaging and sturdy, branded shelving units, suggesting a focus on efficient retail presentation.

Financially, Elinas Impo Expo Ltd shows a mixed picture. Cash bank on hand is a modest £250, while bank borrowings have increased significantly, jumping 370% to £73,000. Creditors have also risen, increasing 30% to £320,000. Although current assets remain steady at £230,000, the substantial increase in liabilities suggests the company may be relying on credit to maintain operations. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, likely due to its small size and exemption from an audit.

The company’s reliance on credit and the lack of substantial cash reserves could be a cause for concern. However, its established wholesale relationships and focus on long-shelf-life products may provide a buffer against short-term challenges. It’s clear that Elinas Impo Expo Ltd is navigating the complexities of the wholesale food distribution market, balancing growth with financial stability.

Registered in England/Wales under the registration number 07127166, with a registered address at CH42 1LU, England, Birkenhead, Unit H, Russell Road.

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