Lucky Foods (uk) Ltd

Lucky Foods (UK) Ltd, based in Northwood Hills, is a small, active company established 22 years ago. With 30 employees and £782,495 in assets, it operates from a virtual address shared by 24 other companies, which raises some questions. The company is owned by Duong Nhu Xuong and managed by Duong Nhu Xuong and Duong Vinh Tam. It runs an e-commerce site and specializes in the manufacture of other food products, particularly kimchi sauce, pickled spring rolls, and pancakes. It also imports machinery, boilers, and mechanical appliances, though imports are irregular, with the last recorded activity dating back to 2017.

The company’s website showcases a vibrant brand, emphasizing “wholesome, crafted, Asian-inspired foods.” It highlights vegan, gluten-free, and non-GMO options, targeting health-conscious consumers. The site also features recipes and a store locator, encouraging customer engagement and driving sales. The website’s design is clean and modern, with high-quality product photography and clear calls to action.

Financially, Lucky Foods (UK) Ltd appears to be holding steady, but with some concerning trends. Current assets increased slightly to £780,000, while net assets remained stable at £720,000. However, bank borrowings decreased by 41%, and creditors increased by 22%, suggesting the company is managing its debt but potentially relying on credit. Depreciation charges for property, plant, and equipment increased by 16%, indicating investment in infrastructure. 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 for agility, but the increase in other creditors by 90% warrants closer attention. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

Overall, Lucky Foods (UK) Ltd seems to be a well-branded, niche food business, but its financial health needs to be monitored closely.

Registered in England/Wales under the registration number 04700747, with a registered address at HA6 1PQ, England, Northwood Hills, Middlesex, Lynx House, Ferndown.

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