Food4u (uk) Ltd

Food4u (UK) Ltd, based in Gravesend, UK, is a small, active company established 19 years ago. With 23 employees and £218,559 in assets, it operates from a real address and is overseen by three directors and one owner. The company boasts a solid 4.0 Google rating from 22 reviews, and is a regular importer of meat, fish, and seafood preparations, with 115 months of import activity recorded.

The company’s website showcases a diverse range of food products, from baking ingredients and biscuits to canned goods, cordials, and spices. It appears to cater to a niche market, specializing in Zimbabwean food items, with a dedicated section for special gift vouchers. The site also includes a Manford Industrial Estate address and contact information, including a phone number and email address.

Financially, Food4u (UK) Ltd demonstrates a mixed picture. While cash bank on hand has increased significantly by 170% to £65,000, net assets have decreased by 38% to £240,000. Creditors have risen by 37% to £560,000, and trade debtors have increased by 110% to £11,000. Despite these challenges, finished goods inventory has increased by 48% to £140,000, suggesting a healthy level of stock. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 0 employees) means it’s likely exempt from an audit, so the figures are unaudited. The increase in bank borrowings and decrease in equity could indicate the company is using debt to fuel growth, but it’s also possible that increased costs are impacting profitability. The fact that the company is still importing regularly, despite these financial pressures, suggests a loyal customer base and a strong market for its specialized products.

Registered in England/Wales under the registration number 05810694, with a registered address at DA11 0RU, Gravesend, Kent, 4-6 Darnley Road.

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