Friends Of Health Limited

Friends of Health Limited, based in Manchester, UK, is a small, active company founded ten years ago in 2015. With two employees and £288,995 in assets, it operates from a virtual address shared by 147 other companies, a bit unusual. The company is run by two directors and has one owner, Wahrhaftig Eli, who also serves as a director. It's an irregular importer, primarily dealing in fats, oils, and waxes from animal, plant, or microbial sources, with just one month of import activity recorded as of May 2022.

The company’s website paints a picture of a family-run business dedicated to the wholesale supply of quality health food, beverages, and organic products. It sources products from reputable producers, offering a wide range of options catering to various dietary needs—low-carb, gluten-free, vegan, kosher, organic, and more. Notably, it owns the brands Frutina fruit bars and Tivi coconut oil, with the latter being the UK’s best-selling kosher coconut oil. The website also highlights its services, including formulation, manufacturing, and even disaster recovery for damaged pianos (a surprising and potentially unrelated venture).

Financially, Friends of Health Limited presents a mixed picture. While current assets increased slightly to £290,000, cash bank on hand plummeted 39% to £91,000, a significant drop. Trade debtors have also risen considerably, ballooning by 87% to £160,000, which could indicate delayed payments or a strategy to offer more credit to customers. On a positive note, creditors remained steady at £47,000. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility, but the decline in cash reserves warrants attention. The accounts are abridged and unaudited, and no auditor is mentioned, which is typical for small, exempt companies.

Overall, Friends of Health Limited seems to be navigating a period of change, with a focus on brand ownership and a need to manage its cash flow effectively.

Registered in England/Wales under the registration number 09451207, with a registered address at M24 2LX, England, Manchester, Brulimar House Jubilee Road, Middleton.

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