Oriental Essential Limited
- Small
- Active
- 7 years
- 21 employees
- £1,923,878 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Irregular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Oriental Essential Limited, based in Barking, UK, is a small, active company established seven years ago in 2018. It employs twenty-one people and holds assets valued at £1,923,878. With a real registered address and a single director and owner, the company operates primarily as an importer of cereal and milk-based food products, with a consistent record of seventy-eight months of import activity, the last being in January 2025. It also occasionally exports these same products, though only for a single month in May 2021.
The company's activities encompass retail sale of beverages in specialised stores, other retail sale of food in specialised stores, retail sale via mail order houses or via internet, and other retail sale not in stores, stalls or markets. It's a small business, meeting two of the three criteria for classification: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than fifty employees.
Looking at the financials, Oriental Essential Limited shows some concerning trends. While cash reserves increased by a healthy 88% to £1.5 million, trade debtors have risen by 8.7%, suggesting a potential issue with customer payments. Creditors have also increased significantly, jumping 90% to £290,000, and other creditors have seen a massive 250% increase to £100,000. Net assets have grown by 65% to £1.8 million, but a large increase in taxation social security payable, up 440% to £270,000, is a point of concern. The company's property, plant, and equipment has also seen a significant increase, particularly in motor vehicles, up 370%.
Despite these mixed signals, the company's strong import history and relatively healthy cash position suggest it’s not in immediate crisis. The increase in debt, however, warrants closer attention. As a small company, it is exempt from an audit, so the figures are unaudited. The company’s director, Lam Ki Yin, is also its owner, and it’s clear the business is focused on maintaining its import operations while navigating the challenges of growth and managing its financial obligations.
Registered in England/Wales under the registration number 11286132, with a registered address at IG11 0HZ, England, Barking, Unit 1 24 Thames Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Lam Ki Yin
- 7 years
- psc
-
Resident of United Kingdom
Managers
-
Individual
- Lam Ki Yin
- 7 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
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Total exemption full accounts made up to 2024-04-30Download 7 pages pdf report
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Confirmation statement made on 2024-12-03 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-04-30Download 7 pages pdf report
Importer profile by HS codes
Last imported products
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Exporter profile by HS codes
Last exported products
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FAQ about Oriental Essential Limited
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