Kas Foods Ltd

Kas Foods Ltd, based in Manchester, UK, is a small, active company founded six years ago. With 13 employees and £225,431 in assets, it operates from a real address and is overseen by two directors and one owner. The company is an irregular importer, primarily dealing with paper and paperboard products, with just two months of import activity recorded as of April 2023.

The company’s website, Kas Foods Solutions Group, focuses on streamlining wholesale orders through a web and mobile app. It boasts features like realtime inventory updates, secure payments, and reliable delivery. Beyond its wholesale platform, the company emphasizes its commitment to corporate social responsibility, supporting local businesses and promoting sustainable practices. It also highlights a dedicated team of experts in technology and logistics, aiming to revolutionize the wholesale industry. The website also mentions a separate venture, KAS Foods, which appears to be involved in piano restoration and sales.

Financially, Kas Foods Ltd presents a mixed picture. Cash bank on hand has decreased by 24% to £100,000, while finished goods and goods for resale have doubled to £25,000. However, creditors have increased dramatically, rising by 240% to £190,000 within a year. Trade debtors have also seen a massive jump, increasing by 1500% to £96,000. Equity has fallen by 48% to £56,000. Bank borrowings have decreased by 39% to £16,000. The company’s small size—meeting two of three criteria for being classified as small—helps it remain flexible. As a small company, it’s exempt from an audit, so the financial information is unaudited.

While the company's wholesale platform shows promise, the significant increase in creditors and the decrease in equity suggest it may be burning through cash faster than it’s generating revenue. The simultaneous presence of a piano restoration business adds complexity, and it's unclear how the two ventures are financially intertwined.

Registered in England/Wales under the registration number 11773034, with a registered address at M13 0WQ, England, Manchester, 390 Dickenson Road.

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