Flora Products Ltd

Flora Products Ltd is a small, active company based in Harrow, UK, founded four years ago in 2020. The company, run by a solo founder, Marin Cornel, holds just £8,650 in assets and operates from a real address shared by two other businesses. With one director and one owner, it's a lean operation. The company specializes in retail sales via mail order houses and the internet, as well as other retail activities not conducted in stores.

The company's website, Flora Food Group, paints a picture of a much larger operation. It's a modern food business focused on delivering "the next generation of delicious, natural, nutritious food" – alternatives to dairy products like butters, spreads, creams, culinary products, and cheeses. They boast a heritage of 150 years, operating in 100 countries with 15 manufacturing sites and employing 4,700 people worldwide. The website highlights a focus on sustainability, with innovations like plastic-free paper tubs, and emphasizes a strong brand portfolio including Flora, Becel, BlueBand, Country Crock, and Violife.

Financially, Flora Products Ltd presents a mixed picture. While current assets grew slightly to £8,600, retained earnings and accumulated losses plummeted to -£400. Bank cash decreased significantly to £640, and net assets liabilities are at -£400. Creditors increased by 13% to £9,300, and fixed assets decreased by 20% to £280. 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 agility, but the substantial drop in equity is concerning. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Flora Products Ltd appears to be facing some financial headwinds, despite the larger Flora Food Group’s global presence and strong branding. Whether the local operation can sustain its activity within the wider group remains to be seen.

Registered in England/Wales under the registration number 12615450, with a registered address at HA2 0RR, England, Harrow, 82 Welbeck Road.

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