Mehrfood Ltd

Mehrfood Ltd is a small, holding company based in London, UK, with an active status. Established three years ago in December 2021, it operates with a single employee and holds £7,640 in assets. The company is led by one director and one owner, and its registered address is real, with only one other company registered at the same location. It functions as an irregular importer, primarily dealing in coffee, tea, mate, and spices, with recent import activity recorded just two months ago in June 01, 2024.

The company's activities encompass both the non-specialised wholesale of food, beverages, and tobacco, and the retail sale in non-specialised stores with food, beverages, or tobacco predominating. While a website isn’t available, it’s likely that Mehrfood Ltd operates through wholesale channels and possibly smaller retail outlets, rather than a direct-to-consumer e-commerce platform.

Financially, Mehrfood Ltd presents a concerning picture. Cash bank on hand has plummeted by 61%, dropping to just £7,500, while current assets have also decreased significantly by 61% to £7,600. Creditors have reduced by 33%, which is good, but net current assets and liabilities are down 14% to -£25,000. Equity has also declined by 14% to -£25,000. Trade debtors remain unchanged at £140. It’s a small company, meeting two of three criteria for small business status (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). The lack of cash and the negative equity suggest the company is burning through money, and the reliance on creditors to cover expenses is unsustainable. No auditor is mentioned, which is typical for a small, exempt company.

Despite these challenges, the company's controlling party is Rahe Sabze Khavare Miyane Pardis Company Ltd, and Salimi Mehrnaz is the director. The company’s future hinges on its ability to stabilize its finances and find a sustainable business model.

Registered in England/Wales under the registration number 13787441, with a registered address at NW7 1DD, England, London, 42 Grants Close.

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