Lucky Food Ltd

Lucky Food Ltd, based in London, UK, is a small, active company established eleven years ago in 2013. With four employees and £107,861 in assets, it operates from a real address in Merton and is led by two directors and owners. The company runs an e-commerce site and regularly imports drinks, alcohol, and vinegar—a consistent pattern over the past 46 months, with the latest shipment arriving in February 2025. It’s a relatively small operation, meeting two of the three criteria to be classified as small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company's website, Lucky Foods, showcases a range of Korean-inspired foods, including kimchi sauce, pickled spring rolls, and pancakes. It emphasizes wholesome, gluten-free, vegan, and Asian-owned products, and even boasts a "find a store near you" feature. The site’s design is clean and modern, highlighting the products with appealing imagery and customer reviews—a definite plus.

Looking at the financials, Lucky Food Ltd presents a mixed picture. While the company's current assets remained stable at £110,000, equity took a significant hit, dropping by 220% to -£26,000. Bank borrowings increased by 11%, reaching £50,000, and cash reserves declined by 22% to £3,200. Trade debtors also decreased, suggesting improved collections. The company's net current assets and liabilities are in the negative, which is concerning. The lack of an auditor is not unusual for a small company, but it does mean the figures are unaudited.

Overall, Lucky Food Ltd appears to be navigating a challenging financial landscape. While its e-commerce platform and product range seem well-positioned, the declining equity and increased bank borrowings suggest the company is burning through cash. Whether it can sustain its growth and profitability remains to be seen—but its focus on niche Korean foods and online sales offers a glimmer of hope.

Registered in England/Wales under the registration number 08573366, with a registered address at SW19 2TJ, London, Merton, Unit 20 Windsor Park, 50 Windsor Avenue Industrial Estate.

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