Exotifruit Limited

Exotifruit Limited, based in Wolverhampton, UK, is a small, holding company with an active status. Founded twelve years ago in 2012, the company employs just two people and holds £45,722 in assets. It operates a real address and is managed by one director and one owner. The business runs an e-commerce site and regularly imports edible fruits and nuts, with seven months of import activity recorded, the last in July 2021.

The company's website showcases a wide range of rare and exotic fruits available for online purchase, with a particular emphasis on dragon fruit, mangosteen, and other tropical varieties. It offers selection boxes, trial selections, and even allows customers to build their own custom boxes—a clear focus on catering to a niche market seeking unique and high-quality produce. The site highlights weekly shipments from Thailand, free next-day shipping over £75, and daily updates with new stock, all designed to create a sense of freshness and exclusivity.

Financially, Exotifruit Limited presents a concerning picture. Current assets have plummeted by a staggering 91%, falling from £530,000 to just £46,000. Similarly, trade debtors have also dropped dramatically, mirroring the asset decline. Net assets and liabilities have both worsened by 31%, settling at -£860,000. Cash bank on hand has completely vanished, falling 100% from £550 to zero. Creditors, however, have decreased by 23%, suggesting some improvement in managing short-term debt. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity drop and lack of cash reserves are worrying signs. As a small company, it’s exempt from an audit, so the figures are unaudited.

It's clear that Exotifruit is struggling to maintain its financial stability, despite its active e-commerce operation and focus on a niche market. The sharp decline in assets and cash reserves suggests it’s burning through money faster than it’s bringing it in—a common challenge for startups.

Registered in England/Wales under the registration number 08247074, with a registered address at WV7 3DA, England, Wolverhampton, Parkside Business Centre Holyhead Road, Albrighton.

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