Fratelli Greci Finest Foods Limited

Fratelli Greci Finest Foods Ltd, based in London, UK, is a small, active company founded nine years ago. With twelve employees and £153,044 in assets, it’s a solo-founded operation managed by one director and two owners. The company holds a stellar 5.0 Google rating based on 220 reviews, and regularly imports cereal and milk-based food products—the latest shipment arriving in February 2025.

The company operates in the "other business support service activities n.e.c." industry, and while a website isn't available to analyze, it’s likely focused on distribution or wholesale given its import activity. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Fratelli Greci shows a mixed picture. Current assets have decreased by 31%, dropping to £150,000. Bank borrowings have decreased by 11%, settling at £49,000. However, net current assets liabilities have increased by 12%, reaching -£380,000. Creditors have decreased by 5.2%, which is a positive sign. Depreciation impairment property plant equipment has increased by 15%, and accumulated depreciation impairment property plant equipment has increased by 15%. The company’s equity has decreased by 6.7%, settling at -£850,000. It’s worth noting that the company’s sole director, Angelides Michalakis, is also listed as a director of 17 other companies.

Given the decrease in current assets and the negative equity, Fratelli Greci appears to be facing financial pressures. The company's small size and solo founder status likely contribute to its agility, but the declining equity suggests it may be burning through cash. The lack of an auditor mentioned (likely exempt as a small company) means the financial data relies on unaudited director reports.

Registered in England/Wales under the registration number 09895661, with a registered address at W1H 7NN, United Kingdom, London, 26 Seymour Place, Marylebone.

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