Mor Foods (southall) Limited

Mor Foods Southall Ltd, based in Langley, UK, is a small, active family business established 11 years ago. With 17 employees and £1,893,808 in assets, it operates from a virtual address, a detail worth noting as twelve companies are registered at the same location. The company is led by three directors and owned by two individuals, and boasts a solid Google rating of 4.0 from 475 reviews. It regularly imports cereal and milk-based food products, with the last import operation occurring in July 2023.

The company’s website reveals a focus on retail sales of fruit and vegetables in specialised stores. It appears to be primarily an online business, with no obvious e-commerce functionality immediately apparent on the site. The website's design is simple and functional, suggesting a focus on practicality over flashy aesthetics.

Financially, Mor Foods Southall Ltd presents a mixed picture. Current assets increased by 21% to £1,900,000, while net assets rose 23% to £1,200,000. Cash reserves saw a significant boost, increasing by 200% to £34,000. However, bank borrowings decreased by 41%, and trade debtors increased by 22%. Creditors also saw a rise of 19%. The company meets the criteria for being a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 20 employees. There is no mention of an auditor, which is likely due to its small size.

The company's financial health seems stable, with growing assets and cash reserves. The increase in trade debtors could indicate a strategy of extending credit to customers, or potentially, some delayed payments. The company's family-run nature and focus on importing food products suggest a resilient business model, but the virtual address raises a slight question mark regarding its operational infrastructure.

Registered in England/Wales under the registration number 08980488, with a registered address at SL3 6EZ, Langley, Berkshire, 3 Waterside Drive.

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