Inka Snacks Limited

Inka Snacks Limited, based in Chingford, UK, is a small, active company established 17 years ago. Despite its longevity, the business is currently facing some financial and administrative challenges, with overdue accounts and confirmation statements. The company employs just one person and holds £62,290 in assets, operating from a virtual address shared by nineteen other companies. It’s managed by a single director and owner, Maher Mariana.

The company’s primary focus is importing prepared or preserved plant-based foods, with six months of import activity recorded, the last in June 2020. Its website, inka-snacks.co.uk, showcases a range of Latin American snacks, including roasted giant corn, plantain chips, and sweet potato chips, sold both to retail and catering sectors. The site highlights the company’s commitment to traditional flavors and sustainable sourcing from the Sacred Valley in Cusco and the Amazon in Peru. It even has a presence on Amazon and a dedicated store.

Financially, Inka Snacks Limited has experienced a concerning downturn. Cash bank on hand has plummeted by 80% to £4,500, while bank borrowings have increased dramatically, surging 490% to £7,300. Creditors have also decreased significantly, by 50%, and net assets have fallen 72% to just £6,500. While trade debtors have increased by 22%, suggesting a possible need for improved cashflow management, the sharp decline in equity is a cause for concern. The company’s small size (meeting two of three conditions for being small) means it’s exempt from an audit, and the figures are unaudited.

Despite these challenges, Inka Snacks Limited continues to operate, showcasing its products at events like the SFFF 2016. Whether it can navigate these financial pressures and maintain its presence in the market remains to be seen, but the company’s focus on unique Latin American snacks and its online presence suggest a continued effort to connect with consumers.

Registered in England/Wales under the registration number 06600748, with a registered address at E4 7BU, Chingford, London, Jackson House, Station Road.

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