Ray Seafoods Limited

Ray Seafoods Limited, a small, active company established 28 years ago, operates as a family business with a 5.0-star Google rating based on three reviews. Located in London, the company has two directors and two owners, employing just three people and holding assets valued at £191,526. It's a regular importer of fish and seafood, including shellfish and other water creatures, with 38 months of import activity recorded, the last in 2018. The company operates from a virtual address, registered at 27 Mortimer Street, where 109 other companies are also registered.

Ray Seafoods Limited specializes in the wholesale of other food, specifically fish, crustaceans, and molluscs. Its website is currently unavailable, so it’s unclear if it operates an e-commerce platform or relies solely on wholesale partnerships.

Financially, Ray Seafoods Limited presents a mixed picture. While cash reserves increased by 13% to £20,000, net assets decreased by 3% to £250,000. Trade debtors have fallen by 22% to £130,000, which could indicate improved collection practices, but bank borrowings have also dropped by 40% to £16,000. Creditors have decreased by 29% to £9,800, suggesting better debt management. The company's small size—meeting two of three criteria for being a small company—allows for flexibility, but the decrease in equity warrants further observation. The accounts are unaudited, which is typical for small companies, and there’s no auditor mentioned.

Overall, Ray Seafoods Limited seems to be navigating a period of adjustment. While its import activity has slowed, the company maintains a positive online reputation and appears to be managing its debts effectively. Whether this stability can translate into long-term growth remains to be seen.

Registered in England/Wales under the registration number 03333771, with a registered address at W1T 3BL, 27 Mortimer Street, London.

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