Greek Deli-box Ltd

Greek Deli Box Ltd, based in London, UK, is a small, active company founded seven years ago in May 2017. It operates an e-commerce site selling authentic Greek products and boasts a single director and owner. While the company has £21,271 in assets, it’s facing some financial challenges, with accounts overdue for two years and confirmation overdue by a year. The registered address is a virtual one, shared by 125 other companies.

The company specializes in retail sale via mail order houses or via internet, and also dabbles in exhibition and fair organisers industries. Its website, The Greek Delicatessen, offers a wide range of Greek cheeses, olive oils, and other delicacies, with a focus on quality and authenticity. The site highlights wholesale opportunities and features customer testimonials praising the products and service. It’s clear they are trying to build a brand around genuine Greek flavours.

However, the financial data paints a mixed picture. While cash bank on hand increased by a substantial 150% to £3,900, net assets decreased by 17% to -£15,000. Bank borrowings have also increased significantly, jumping 100% to £2,000. Creditors rose by 62% to £35,000, and trade debtors increased by 100% to £6,700. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the decrease in equity is concerning. There's no mention of an auditor, likely due to the company’s exemption as a small entity.

Overall, Greek Deli Box Ltd appears to be navigating a challenging period. While its e-commerce platform seems well-maintained and customer-focused, the financial data suggests the company is burning through money. Whether it can sustain its growth and profitability remains to be seen, but their focus on quality and authenticity could be key to their long-term success.

Registered in England/Wales under the registration number 10785670, with a registered address at WC1H 9JG, England, London, 97 Judd Street.

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