Food Safety Direct Limited

Food Safety Direct Ltd, based in Lancaster, UK, is a small, family-run business with an active trading status. Founded twenty years ago in 2004, the company employs four people and holds £130,000 in equity. With a real registered address and four directors, it’s a tight-knit operation. The firm regularly imports optical and medical tools and devices, with 35 months of import activity recorded, the latest in November 2024. It also exports furniture, lighting, and prefabricated buildings, though only for two months, the last in July 2024.

The company operates in the non-specialised wholesale trade industries. Its website is not available, but the company’s financial data reveals some interesting trends. Current assets dropped by 24% to £340,000, while bank borrowings surged by 2,400%, reaching £29,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions.

Despite these challenges, the company appears to be holding steady. The company’s retained earnings accumulated losses have decreased by 28%. It is also worth noting that the company’s cash reserves fell 30% to £28,000. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company’s owners, Watson David William and Watson Jeffrey Ian, are likely focused on maintaining its core business and navigating the current economic climate.

Registered in England/Wales under the registration number 05294095, with a registered address at LA1 3AW, Lancaster, Lancashire, Dale Street.

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