Frozza Food Uk Ltd

Frozza Food Uk Ltd, based in London, is a small, active company founded seven years ago. With a single employee and £186,940 in assets, it’s a solo-founder operation led by a director and owner. The company regularly imports cereal and milk-based food products, with four months of import activity recorded up to October 2021. It operates in the other food services industries.

The business appears to be primarily an importer, with no obvious e-commerce presence. The website is non-existent, suggesting a business-to-business model rather than direct consumer sales. This means Frozza Food likely supplies ingredients or finished products to other food businesses, restaurants, or retailers.

Financially, Frozza Food’s picture is a bit mixed. Accumulated depreciation on plant and machinery has increased significantly, by 110%, which could indicate investment in equipment. However, bank borrowings have also surged by 91%, and the bank overdraft has ballooned by an astonishing 1300%. This suggests the company may be relying on credit to manage its cash flow. Cash bank on hand has increased by 27%, which is a positive sign. Creditors have also increased by 91%, which could be a result of increased purchasing. Despite this, the company’s net assets have doubled, to £84,000, a good sign. The company is small, meeting two of three conditions for being considered small: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees.

The company’s financial data reveals a startup burning through cash. While asset values have increased, the reliance on borrowing and the growing overdraft suggest the business is struggling to generate sufficient revenue to cover its expenses. The increase in bank borrowings could be due to increased purchasing of imported goods, but the growing overdraft indicates a potential liquidity problem. The lack of mention of an auditor, likely due to being exempt as a small company, means the figures rely on unaudited director’s reports.

The company’s success will depend on its ability to manage its cash flow and secure profitable import deals. It’s a small operation with a niche focus, but the financial pressures are evident.

Registered in England/Wales under the registration number 10996213, with a registered address at NW10 7NH, England, London, 214 Acton Lane.

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