Land & Sea Foods Limited

Land & Sea Foods Limited is a small, active company based in Falkirk, UK, founded nineteen years ago in 2005. With just one employee and £2,186 in assets, it’s a modest operation led by a single director and owner, Susan Ord. The company operates in the retail sale via mail order houses or via internet industries. Its registered address is a real address, shared by only one other business.

The company’s website, while minimal, confirms its focus on food products sold online. It's not clear if they have a physical store. The site’s design is simple, suggesting a low-budget operation. It's a small business, meeting two of three conditions for classification: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Financially, Land & Sea Foods Limited is facing challenges. Cash bank on hand has decreased significantly by 46%, dropping to £200. Creditors have risen by 21%, reaching £8,600, while debtors have increased by 7.3%, now at £2,000. Equity has also declined by 31%, resulting in net assets and liabilities of -£6,400. Despite these pressures, the company's retained earnings and accumulated losses remain at -£6,400. Trade creditors have also increased, now at £220. The company’s accounts are audit exempt and unaudited, and no auditor is mentioned.

The company’s going concern is being supported by the director, who has guaranteed their continued support and has confirmed they will not withdraw their loan account to the detriment of any other creditor. This is important to note, as the company is operating with a negative equity position. It's a small business, and these figures are likely reflective of the challenges faced by many small, online retailers.

Registered in Scotland under the registration number SC288995, with a registered address at FK2 0PX, Falkirk, Stirlingshire, 20 Main Street, Polmont.

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