Nefis Nuts & Spices Ltd

Nefis Nuts & Spices Ltd, based in London, UK, is a small, active company founded three years ago. With just two employees and £51,941 in assets, it’s a solo-founded venture led by a single director and owner, Yilmaz Bayram. The company boasts a perfect 5.0 Google rating from five reviews, a testament to its customer service. It’s a regular importer, specializing in prepared or preserved plant-based foods, with 14 months of import activity recorded.

The company’s website, nefiskuruyemi.com, is a vibrant online store offering a wide range of Turkish delicacies. From mixed pickles and tahini to dried fruits and spices, it caters to customers seeking authentic flavors. The site is clearly geared towards e-commerce, with easy-to-use navigation, secure payment options, and a focus on fast and reliable shipping. It even offers membership options and integrates with social media platforms.

Financially, Nefis Nuts & Spices Ltd presents a mixed picture. While current assets have increased by a substantial 170%, reaching £52,000, cash bank on hand has fallen by 53%, dropping to £7,000. Creditors have more than doubled, rising to £38,000, and trade debtors have jumped to £14,000. Equity has seen a significant boost, increasing by 270% to £20,000, which is a positive sign. 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 flexibility, but the rise in creditors suggests a need for careful cash flow management. There’s no auditor mentioned, as it’s likely exempt as a small company.

Overall, Nefis Nuts & Spices Ltd appears to be a promising small business, though it’s facing some financial challenges. The company’s focus on Turkish specialties and its strong online presence suggest a potential for growth, but it will need to manage its finances carefully to ensure long-term success.

Registered in England/Wales under the registration number 13873113, with a registered address at N22 8JW, England, London, 338 High Road, Wood Green.

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