Northern Foods Plus Limited

Northern Foods Plus Ltd, based in Nottinghamshire, UK, is a small, active company founded ten years ago. With 20 employees and £1,003,882 in assets, it’s a solo-founded operation run by a single director and owner, Temurci Ilker. The company boasts a 4.0 Google rating from four reviews and regularly imports soaps, cleaning products, and waxes – a consistent pattern over the last 73 months, with the most recent import in December 2024.

The company's website reveals a diverse range of products, from women’s heat pads to chewing gum, all available for purchase online. It’s a fairly standard e-commerce setup, featuring product listings, a catalogue, and contact information. The site's design is simple and functional, focusing on showcasing the available items. It’s clear the business operates in the non-specialised wholesale trade industries.

Financially, Northern Foods Plus Ltd presents a mixed picture. While current assets increased by 19% to £1,000,000, bank borrowings have surged by a staggering 380% to £210,000. Creditors also increased significantly, rising 39% to £560,000, suggesting a reliance on credit. However, trade debtors decreased by 44%, indicating improved collection of payments. Equity, however, increased by 34% to £340,000. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Northern Foods Plus Ltd seems to be growing, but the increased borrowing suggests a need for careful financial management. The company’s focus on importing and online sales appears to be working, but the long-term sustainability will depend on controlling costs and managing debt.

Registered in England/Wales under the registration number 09281353, with a registered address at NG6 8YP, United Kingdom, Nottinghamshire, Unit 7d Blenheim Court Blenheim Park, Bulwell.

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