Inward Foods Ltd

Inward Foods Ltd from Birmingham UK is a small, active company founded four years ago. It operates from a virtual address and is led by a single director and owner, who also serves as the solo founder. The company’s financial status is a mixed bag, with £11,098 in assets and a net loss of -£11,000.

The business primarily operates in the manufacture of food products, wholesale trade, and retail sales via internet, as evidenced by its website, Inner Drive Golf. This site focuses on providing indoor golf simulation experiences, offering lessons, custom fitting, and group bookings. It utilizes Trackman technology, providing access to 420 world-renowned golf courses and detailed performance data. The site also features an onsite bar and offers professional coaching and club fitting services. The business is clearly aiming to create a relaxed, social atmosphere for golfers of all levels.

Financially, Inward Foods Ltd's figures present a concerning trend. Equity has steadily declined, and cash reserves are low at just £4,100. Trade debtors have increased, suggesting potential issues with customer payments. Creditors have also risen, indicating increased reliance on borrowing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) does offer some flexibility, but the ongoing losses are a cause for concern. With no auditor mentioned, the figures are unaudited, so it's difficult to get a completely clear picture.

The company’s focus on a niche market – indoor golf simulation – could be a strength, but the financial pressures suggest it's facing challenges. It’s likely the business is burning through cash to establish itself, but sustaining this will depend on attracting and retaining customers.

Registered in England/Wales under the registration number 13014046, with a registered address at B1 3ND, England, Birmingham, 9-11 Vittoria Street.

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