Popat Mithai & Farsan Ltd

Popat Mithai & Farsan Ltd from Leicester, UK, is a small, active family business established 14 years ago. With 12 employees and £57,471 in assets, the company operates from a real address and is managed by three directors and three owners. It holds a respectable Google rating of 4.0 based on 108 reviews and occasionally imports cereal and milk-based food products, with its last import operation dating back to 2018. The business specializes in Indian sweets and savouries, offering both online delivery and takeaway options.

The company's website, salespopatmithai.com, highlights a wide range of products, including mithai, roti, thepla, and various snacks, catering to vegetarian customers. It emphasizes fresh, home-style cooking and offers free delivery on orders over £50. The site also features a "Meet the Team" section and promotes takeaway options through partnerships with delivery services like Deliveroo and Uber Eats. Customer reviews praise the food's taste, quality, and delivery service, with many highlighting the authentic, homemade flavour.

Financially, Popat Mithai & Farsan Ltd shows a mixed picture. Accumulated depreciation increased by 22%, indicating investment in plant and machinery, while bank borrowings decreased by 48%, suggesting improved debt management. However, cash bank on hand fell by 10%, and current assets declined by 8.4%. The company’s average number of employees increased by 17%, which is a positive sign, but net current assets liabilities increased by 540%, which is concerning. While the company meets the criteria to be considered small, with a turnover under £10.2 million and assets under £5.1 million, the decrease in equity and the rise in net current liabilities suggest it may be facing some financial pressures. No auditor is mentioned, which is common for small, exempt companies. Overall, Popat Mithai & Farsan Ltd appears to be a well-regarded local business, but its financial health warrants careful monitoring.

Registered in England/Wales under the registration number 07592264, with a registered address at LE4 5AU, Leicester, Unit 15 Belgrave Commercial Centre, 160 Belgrave Road.

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