George Abrahams Limited

George Abrahams Ltd, a holding company based in London, UK, has been active for 34 years, founded in May 08, 1990. Employing 26 people, the company holds assets valued at £14,812,404. It operates from a real address and is led by two directors and a solo founder. The business regularly imports meat and edible meat offal, with 514 months of import activity recorded, and occasionally exports the same products, with seven months of export activity.

The company's core activity revolves around the wholesale of meat and meat products, as indicated by its registration. It appears to be a relatively small operation, functioning as a holding company. The address is probably real as only one company registered at the same address.

Financially, George Abrahams Ltd shows some concerning trends. Net assets have decreased by 160%, dropping to £980,000, while bank borrowings have significantly reduced by 82%, reaching £88,000. Cash reserves have also decreased by 67%, falling to £500,000. Creditors have decreased by 49%, which could suggest improved debt management. The company’s average number of employees has fallen by 15%, dropping to 22. The lack of an auditor is likely due to its size, meaning the financial data is unaudited.

The sharp decline in net assets is a particular point of interest. While bank borrowings have reduced, it’s possible the company has been drawing on cash reserves to cover operating expenses. The decrease in employees might be a response to market conditions or an effort to streamline operations. The company’s long history and established import/export activities suggest resilience, but the financial data warrants close monitoring.

Registered in England/Wales under the registration number 02500029, with a registered address at EC1A 9PQ, England, London, 22 Central Market Smithfield.

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