Mexgrocer Limited

Mexgrocer Limited, based in Hemel Hempstead, UK, is a small, active company established twelve years ago in 2012. Employing eighteen people, it holds £1,400,046 in assets and operates a real address at 56a London Road, Apsley. The business is owned by Katya Torres De La Rocha, managed by both Eduardo Gomez Resendiz and herself, and runs a thriving e-commerce site specializing in authentic Mexican food and ingredients. It regularly imports prepared or preserved plant-based foods (312 months of import activity, latest in February 2025) and exports miscellaneous food products (22 months of export activity, latest in November 2023).

The company’s website, Mexgrocer Europe, is a comprehensive online store offering a wide range of Mexican groceries, from beans and chillies to candies and specialty items. It caters to both commercial and individual customers, highlighting vegan and gluten-free options and even offering wholesale services. The site emphasizes its commitment to authentic Mexican products and even boasts a section dedicated to recipes.

Financially, Mexgrocer Limited presents a mixed picture. While net assets increased by 18% to £710,000, current assets decreased by 10% to £1,400,000. Bank borrowings fell by 26% to £85,000, suggesting improved debt management, but cash reserves rose by 62% to £92,000. Trade debtors increased significantly by 18% to £990,000, which could indicate expansion of credit terms or delayed payments. Creditors also increased by 9% to £750,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The increase in debtors is something to keep an eye on, as it could signal potential cash flow issues down the line. Overall, Mexgrocer Limited seems to be a stable business, capitalizing on the growing demand for authentic Mexican food in Europe, but it's important to monitor its financial trends closely.

Registered in England/Wales under the registration number 08197522, with a registered address at HP3 9SB, Hemel Hempstead, Hertfordshire, 56a London Road, Apsley.

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