Ravi Foods Ltd

Ravi Foods Ltd from Leicester, UK, is a small, active company founded nine years ago. With six employees and £223,599 in assets, it operates from a real address and is led by a single director and owner, boasting a solid Google rating of 4.0 from 60 reviews. The company is an irregular importer of sugars and sweets, with its last import operation occurring two months ago in June 2021.

The company’s website, ravifoods.com, reveals a fascinating story. Ravi Food Products, based in Rajapalayam, India, is a family-run business with roots dating back to 1998. Initially founded by an ex-serviceman, R.T.M. Sundaram, and fellow ex-jawans, the company has evolved to manufacture and supply dehydrated vegetables, Bama binders for idli batter, and instant soups. The website highlights a commitment to quality and unique products, emphasizing a founder's axiom: "The owners should eat first before letting it to others." It caters to both business-to-business and business-to-customer markets, offering products like tomato soup powder and tamarind powder.

Financially, Ravi Foods Ltd presents a mixed picture. Current assets increased by 15% to £220,000, while net assets saw a substantial jump of 22% to £150,000. However, bank borrowings decreased by 66% to £5,000, and cash reserves also fell 6% to £77,000. Creditors decreased by 17%, suggesting improved debt management. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the fluctuating cash reserves and increased debtors (up 29%) warrant closer monitoring. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, Ravi Foods Ltd appears to be navigating a dynamic market, balancing traditional manufacturing with modern e-commerce practices. The company’s focus on quality and unique products, combined with its lean structure, could position it for continued growth—though careful management of cash flow will be crucial.

Registered in England/Wales under the registration number 09884137, with a registered address at LE1 3LJ, England, Leicester, First Floor, 7-8 St Matthews Centre, Gower Street.

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