Liberty Frozen Foods Limited
- Small
- Active
- 4 years
- 26 employees
- £1,431,431 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Solo founder
- Rating 5.0 (21)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Liberty Frozen Foods Limited, based in Leicester, UK, is a small, active company founded just three years ago in 2021. With £1,543,455 in assets and a real registered address, it’s a solo-founded operation run by three directors and one owner. The business boasts a perfect 5.0 Google rating from 21 reviews and regularly imports edible vegetables and roots, with 36 months of import activity recorded.
The company operates in the non-specialised wholesale of food, beverages and tobacco industries. While no website is available to analyze, this suggests a business-to-business model, supplying frozen goods to retailers or food service providers. The company's status as a "solo founder" indicates a personal touch and likely a small, tight-knit team.
Financially, Liberty Frozen Foods Limited presents a mixed picture. Current assets have increased by 82% to £1,500,000, while net assets have increased by 94% to £710,000. Cash reserves have increased by 58% to £530,000. Trade debtors have increased by a significant 150% to £820,000, which could indicate a growing customer base but also potential challenges in collecting payments. Creditors have increased by 51% to £1,100,000, suggesting the company is leveraging credit to fund its operations. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in debtors raises questions about cash flow management. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
The company's growth in assets and cash reserves is encouraging, but the substantial increase in trade debtors warrants close attention. It’s possible that the company is expanding its sales, but it needs to ensure it can effectively manage its receivables to maintain financial stability. The company's solo founder status and small team likely contribute to its agility, but also place a heavy burden on the leadership.
Registered in England/Wales under the registration number 13440899, with a registered address at LE4 9LR, United Kingdom, Leicester, Unit B2, 20 Lewisher Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 4 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
- 3
-
Resident of United Kingdom
-
Individual
- 4 years
-
Resident of United Kingdom
-
Individual
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-08-31Download 5 pages pdf report
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Director's details changed for Mr Mudassir Yakub on 2024-10-02Download 2 pages pdf report
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Change of details for Mr Mudassir Yakub as a person with significant control on 2024-10-01Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Liberty Frozen Foods Limited
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