Latina Foods Limited

Latina Foods Limited is a small, active company based in Leeds, UK, founded thirteen years ago in 2011. With two employees and £559,441 in assets, it operates from a real address and is led by two directors, with one solo founder, Giuseppe Max Zottola, at the helm. The company runs an e-commerce site and regularly imports prepared or preserved plant-based foods, with five months of import activity recorded as of April 2024. It also exports these foods, though irregularly, with just one month of export activity as of June 2022. Latina Foods Limited operates within the agents involved in the sale of food, beverages and tobacco industries.

The company’s website, Latin Food Group, highlights its role as Hong Kong’s first croqueta and empanada factory, offering free shipping on orders over HK800 with code LATIN25. It specializes in artisanal Latin American and Spanish food, catering to individuals, events, and businesses seeking unique snacks. The site emphasizes local sourcing, in-house production, and convenient packaging—a testament to its commitment to quality and customer service.

Financially, Latina Foods Limited presents a mixed picture. Current assets decreased by 19% to £560,000, while net assets plummeted 29% to £530,000. Bank borrowings surged by 61%, reaching £160,000, and cash reserves fell 24% to £260,000. Creditors also increased significantly, rising 100% to £53,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the decline in equity raises concerns. The average number of employees decreased by 50% to just one. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Latina Foods Limited seems to be facing some financial headwinds, but its focus on artisanal products and local production positions it well for continued growth—if it can manage its cash flow effectively.

Registered in England/Wales under the registration number 07861029, with a registered address at LS28 6QB, Leeds, West Yorkshire, 207 Bradford Road, Stanningley, Pudsey.

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