La Taste Foods Uk Ltd

La Taste Foods Uk Ltd, based in Manchester, UK, is a small, active company founded 12 years ago. With 10 employees and £157,945 in assets, it’s a solo-founded operation led by a single director and owner, Ahmed Afzaal. The company regularly imports drinks, alcohol, and vinegar – a consistent pattern over the last 10 months, with the latest import recorded in June 2024. It operates within the non-specialised wholesale trade industries.

The company's website is currently unavailable, making it difficult to ascertain the extent of its online presence or e-commerce activities. It appears to focus primarily on wholesale distribution rather than direct-to-consumer sales.

Financially, La Taste Foods Uk Ltd presents a mixed picture. Cash bank on hand has seen a significant increase of 120%, jumping to £76,000, which is a positive sign. However, bank borrowings have decreased by 37%, dropping to £12,000, and trade debtors have increased by 15%, reaching £34,000. Creditors have also decreased by 37%, falling to £12,000. While total assets have increased by 13%, rising to £160,000, the company’s net assets have dramatically increased by 120%, reaching £27,000. The company’s small size – meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees) – allows for flexibility, but the changes in debt and receivables warrant closer attention. No auditor is mentioned, consistent with its status as a small, exempt company.

The company’s growth in cash reserves suggests improved liquidity, but the increase in trade debtors could indicate challenges in collecting payments. It’s likely that the company is managing its finances carefully, but the long-term sustainability of its import-focused business model remains to be seen.

Registered in England/Wales under the registration number 08337497, with a registered address at M12 5GH, England, Manchester, Gorebrook Works Pink Bank Lane, Longsight.

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