Europafoodxb Limited

Europafoodxb Limited is a small, active family business based in London, UK, founded ten years ago in 2014. With eight employees and £377,390 in assets, it operates a real address and is led by two directors and owners, Benjamin and Kateryna Leclerc. The company runs an e-commerce site specializing in the import of miscellaneous food products, with a consistent 53-month import history, the last operation occurring in June 2023. It’s a private limited company, registered under number 09153079.

The company’s website, EuropaFoodXB, positions itself as the UK’s leading European food specialist, offering a wide range of products from countries like France, Italy, and Spain. It caters to both retail customers and businesses, with a wholesale program for restaurants, cafes, and delis. The site boasts over 6,000 products, including cakes, biscuits, yogurts, seafood, and chocolate, all imported fresh and delivered across the UK. It even has physical stores in Paddington and South Kensington, London.

Financially, Europafoodxb Limited presents a mixed picture. While current assets increased by 36% to £380,000, net assets rose by 27% to £460,000. Bank borrowings decreased significantly, falling 48% to £43,000, and cash reserves dropped 17% to £130,000. Creditors decreased by 48%, which is a positive sign. Trade debtors, however, increased dramatically, jumping 170% to £180,000, which could indicate delayed payments or an expansion of credit terms. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Europafoodxb Limited appears to be navigating a period of change. While its assets and equity have grown, the increase in trade debtors suggests potential challenges in managing cash flow. The company's focus on providing authentic European groceries and its wholesale program indicate a strong market position, but continued monitoring of its financial performance will be important.

Registered in England/Wales under the registration number 09153079, with a registered address at W2 1QZ, United Kingdom, London, 150 Dudley House North Wharf Road.

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