Flying Salmon Ltd

Flying Salmon Ltd is a small, active company registered in London, UK, founded five years ago. With two employees and £122,903 in assets, it operates from a real address at 6 Harrow Place. The company is led by a single director and owner, Dai Zhuyu, who also serves as chairman. It’s a solo founder operation.

The company’s business revolves around retail – selling food, beverages, and tobacco products through stalls and markets, mail order houses, internet sales, and even licensed restaurants. It also engages in other retail sales within non-specialized stores. The company’s website is currently unavailable, so it’s difficult to determine the extent of its e-commerce activities.

Financially, Flying Salmon Ltd’s numbers present a mixed picture. Accumulated depreciation on property, plant, and equipment has increased by 71%, which could indicate investment in assets, but also a potential decline in their value. Cash bank on hand has fallen by 11% to £80,000, and net assets have decreased by 23% to -£100,000. This is a significant drop, and it’s worth noting that the company’s retained earnings and accumulated losses have also increased. On a brighter note, creditors have decreased by nearly 2%, suggesting better debt management. The company’s average number of employees has doubled to four, which could be a sign of growth, but it also means increased operational costs. Loans from directors remain steady at £200,000.

The company is classified as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for a small company. It’s clear that Flying Salmon Ltd is facing some financial challenges, with declining assets and increased losses. However, the increase in employees suggests ongoing operations, and the company's diverse retail activities could provide resilience.

Registered in England/Wales under the registration number 12107916, with a registered address at E1 7DB, England, London, 6 Harrow Place.

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