Rissco Foods Limited

Rissco Foods Ltd from Birmingham UK: a small, active company founded 13 years ago, employs 7 people, and holds £1,795,346 in assets. Operating from a virtual address, the company is led by a single director and owner, who also serves as the solo founder. It’s a regular importer of machinery, boilers, and mechanical appliances, with parts imported for 4 months, the last operation occurring in August 2020.

The company’s website showcases a range of products, including Canada Gold Atta, Canada Gold Salt, and Canada Basmati Rice—all positioned as premium offerings. The site highlights the company’s commitment to flavourful, healthy, and consistently outstanding products, emphasizing family ownership and British craftsmanship. Rita Chatha, the founder, is prominently featured, reinforcing the personal touch. The website also lists major stockists, indicating a distribution network across the UK and Europe.

Financially, Rissco Foods Ltd presents a mixed picture. Current assets have increased by 49%, reaching £1,800,000, while net assets have also climbed 41%, reaching £1,400,000. However, cash reserves have decreased by 41%, dropping to £500,000. Trade debtors have risen significantly by 280%, reaching £1,300,000, and creditors have increased by 54%, reaching £520,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in debtors could indicate payment delays. The company is exempt from an audit, so the figures are unaudited.

Overall, Rissco Foods Ltd appears to be growing, but managing its cash flow will be key to its continued success. The company’s focus on quality products and a strong distribution network provides a solid foundation, but the increase in debtors should be monitored closely.

Registered in England/Wales under the registration number 07901081, with a registered address at B19 1AY, England, Birmingham, 91 Soho Hill.

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