Phoods Limited

Phoods Ltd, based in Borehamwood, UK, is a small, active company established 20 years ago. With 26 employees and £3,897,367 in assets, it operates from a virtual address—a point to note as 265 companies are registered at the same location. The business is overseen by two directors and a single owner, and enjoys a stellar 5.0 Google rating based on 11 reviews. Phoods Ltd regularly imports and exports plastics and plastic products, with 192 months of import activity and four months of export activity recorded.

The company’s website, Phoods Lets Get Packing, positions itself as a supplier of packaging solutions for a wide range of industries. It offers a vast selection of containers, tableware, cutlery, and other disposables, catering to retail, hospitality, and public sector clients. The site highlights its commitment to quality, competitive pricing, and customer service, with a dedicated sales team ready to assist with any needs. It also boasts a section on “wrapping our ideas around yours,” suggesting a focus on tailored solutions.

Financially, Phoods Ltd’s recent performance shows some interesting trends. Creditors increased by a significant 130%, reaching £24,000, while cash reserves fell 15%, settling at £540,000. Bank borrowings decreased by 87%, falling to £78,000, which could indicate improved cash flow management. Net assets increased by 18%, reaching £2.2 million—a positive sign. Trade debtors, however, increased by 890%, which might suggest delayed customer payments or a change in credit policies. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in trade debtors warrants further attention. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Phoods Ltd appears to be a well-regarded supplier in its niche, but the recent financial data suggests a need to monitor cash flow and manage customer payments effectively.

Registered in England/Wales under the registration number 05278591, with a registered address at WD6 1JD, Borehamwood, Hertfordshire, 5 Elstree Gate, Elstree Way.

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