Kay Foods Ltd

Kay Foods Ltd is a small, active company based in Smethwick, UK, founded five years ago in 2020. It’s a solo-founder operation, managed by a single director and owner, with just one employee reported. The company holds £6,294 in assets and operates from a real address, registered with only one other company. It's a regular importer, specializing in drinks, alcohol, and vinegar, with its last import activity recorded three months ago.

The company's website, hellokaykayfood.com, showcases a range of vegan Chinese food, including chilled meals, pantry staples, and merchandise. It’s clearly an e-commerce business, with a focus on plant-based cuisine. The site encourages subscriptions and highlights a loyalty club, suggesting an effort to build a customer base. Currently, the business is temporarily closed, with orders for chilled meals requiring placement by Sunday evening to arrive the following Friday.

Financially, Kay Foods Ltd presents a mixed picture. Cash bank on hand has decreased by 33%, falling to £5,200, while debtors have increased significantly, rising to £1,100. Creditors have plummeted by 82%, which is good news, and equity has increased by 18% to £9,300. However, property, plant, and equipment has also increased by 62% to £3,500, which could indicate investment in the business. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

Overall, Kay Foods Ltd seems to be facing some challenges. The decrease in cash reserves and the increase in debtors could indicate that the business is burning through money, but the decrease in creditors suggests better debt management. It’s hard to say for sure without more information, but the company’s temporary closure and the focus on online sales suggest it’s a startup still finding its footing—hopefully, the vegan Chinese food will keep customers coming back.

Registered in England/Wales under the registration number 12570662, with a registered address at B66 4SL, England, Smethwick, 73 Kinsey Road.

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