Finest Food Ltd
- Small
- Active
- 5 years
- £315,172 (assets)
- Virtual address
- 2 directors
- 2 owners
- Irregular importer
- Rating 5.0 (2)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Finest Frozen Food Ltd, based in Baldock, UK, is a small, active company founded in 2021. With £320,000 in current assets and two directors, it operates a wholesale frozen food business, primarily online. The company boasts a 5.0 Google rating from two reviews and serves a niche market with a focus on quality and competitive pricing. Its website highlights a family-run business with a passion for the food industry, specializing in frozen goods like cornettis and catering to both commercial and individual customers. It also appears to have a connection to 1066 Pianos, a high-end piano restoration business, although the extent of their relationship isn’s clear.
The company’s website, Finest Frozen Food, showcases an e-commerce platform with a focus on wholesale frozen food products. It emphasizes great deals, blowout prices, and a team dedicated to customer satisfaction. A section dedicated to "Our Story" reveals the business was founded by brothers Cristian and Luca, who share a passion for the food business. The site also includes an online store featuring frozen food products like plain cornettis.
Financially, Finest Frozen Food Ltd presents a mixed picture. While net assets increased by 10% to £190,000, cash reserves surged a staggering 480% to £290,000—a very positive sign. However, bank borrowings decreased by 42%, and trade debtors dropped by 83%, which could indicate challenges in collecting payments or a shift in sales strategy. Creditors also decreased by 530%, which is a good sign. 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 fluctuating debtor and creditor balances warrant closer attention. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.
Overall, Finest Frozen Food Ltd seems to be navigating a period of growth and change. The substantial increase in cash reserves suggests improved financial health, but the fluctuating debtor and creditor balances should be monitored closely. It’s a family-run business with a clear focus on quality and customer satisfaction, and its online presence appears well-maintained—although it could benefit from more reviews.
Registered in England/Wales under the registration number 12476467, with a registered address at B73 5DA, England, Sutton Coldfield, Ace House, 22 Chester Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 3
- 25%+
-
Resident of United Kingdom
-
Individual
- 5 years
- 3
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
- 3
-
Resident of United Kingdom
-
Individual
- 5 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2025-01-25 with updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-02-29Download 5 pages pdf report
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Appointment of Mr Nowsher Ahmed Bukhari as a director on 2024-03-28Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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