Ginger Dragon Limited

Ginger Dragon Limited is a small, active company based in New Addington, UK, founded 23 years ago in 2002. With £2,356,555 in assets and a virtual registered address, it’s a solo-founded operation run by two directors and a single owner. The business operates as a wholesale distributor of Asian food and ginger ingredients, primarily serving food manufacturing companies across the UK. Its website highlights a focus on quality, ethical trading, and a carbon-negative future, with a BRCGS AA certification.

The company’s website, Ginger Dragon, positions itself as a specialist in sourcing and supplying a diverse range of Asian food and ginger ingredients. From fresh ginger to poppadum pellets, it caters to commercial and industrial customers. The site emphasizes competitive pricing, a 30-day return policy, and fast customer support—hallmarks of a modern wholesale business. While the company also imports and exports prepared or preserved plant-based foods, this appears to be a smaller part of its overall operation.

Financially, Ginger Dragon Limited shows some concerning trends. While current assets increased by 28% to £2,400,000, net assets also rose by 17% to £2,400,000. However, trade creditors increased significantly by 380% to £92,000, suggesting potential issues with managing supplier payments. Cash reserves, while substantial at £220,000, are down from £77,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Ginger Dragon Limited is holding steady but facing pressures. Its focus on quality and ethical sourcing is a strength, but the rising debts suggest a need for careful financial management.

Registered in England/Wales under the registration number 04380320, with a registered address at CR0 9UG, England, New Addington, Surrey, Addington Business Centre, 24 Vulcan Way.

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