F & A Foods Ltd

F & A Foods Ltd, based in Bradford, UK, is a small, active company founded just two years ago. With £20,587 in assets and a virtual address shared by 47 other companies, it’s a solo-founded operation run by a single director and owner, Waqas Muhammad. The business boasts a perfect 5.0 Google rating from eight reviews and is an irregular importer of fats, oils, and waxes, with its last import activity recorded just one month ago in January 2024.

The company operates as agents involved in the sale of food, beverages, and tobacco, and its website, salesfafruits.co.uk, highlights a focus on fresh fruit and vegetable delivery services. It appears to be primarily a B2B operation, targeting restaurants and establishments in the hospitality industry. The website emphasizes quality, a curated selection of produce, and streamlined logistics—all hallmarks of a supplier aiming for reliability and excellence. There's a mention of REKKI, a restaurant supplier app, suggesting a modern approach to order management.

Financially, F & A Foods Ltd presents a mixed picture. While current assets are reported at £21,000, net assets are in the negative at -£10,000. Cash on hand has increased to £22,000, but creditors have risen to £31,000. Trade debtors are low at just £420, and total inventories are negative at -£2,100. The company meets two of three conditions to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). The negative equity and rising creditors suggest the business is burning through cash, but the increase in cash reserves and low debtors could indicate improved cash flow management. The accounts are described as “filleted” and “unaudited,” and no auditor is mentioned, which is typical for small companies.

It’s clear that F & A Foods Ltd is working hard to establish itself in a competitive market. The strong Google rating and focus on quality suggest a commitment to customer satisfaction, but the financial figures indicate a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 14780661, with a registered address at BD7 4EE, England, Bradford, 742 Great Horton Road.

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