Mother's Kitchen International Ltd

Mother's Kitchen International Ltd, based in Ilford, UK, is a small, active company established seven years ago. With a single employee and £23,024 in assets, it operates from a virtual address and is overseen by one director and owner, Malik Shivani. The company regularly imports cereal and milk-based food products, with 9 months of import activity recorded, the last operation made in March 2023.

The company’s website, Mother's Kitchen, appears to focus on retail, though the exact nature of the business isn’s immediately clear. It’s a small operation, meeting two of the three criteria to be classified as such: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company operates in the other retail sale of food in specialised stores industries.

Financially, Mother's Kitchen International Ltd has seen some concerning trends. Current assets have plummeted by a significant 72%, dropping to £23,000, while net assets have fallen even further, decreasing 140% to -£4,500. Cash reserves have also taken a hit, declining 53% to £13,000. Trade debtors have decreased by 63%, which could indicate improved collection practices, but advances to directors have fallen by a dramatic 52%, and bank borrowings have fallen by 2,400%. Creditors have also decreased by 61%, which is a positive sign. The company is exempt from audit as a small company, so the figures are unaudited.

The sharp decline in equity is a particular cause for concern, suggesting the company is burning through cash. While the business may be agile due to its small size, the financial pressures are evident. It’s not clear if the company is facing temporary challenges or if these trends represent a longer-term issue.

Registered in England/Wales under the registration number 11159910, with a registered address at IG4 5ET, England, Ilford, 7 Redbridge Lane East.

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