S.schwartz Limited

S. Schwartz Ltd is a small, active company founded 24 years ago, in 2000. Based in London with a virtual address, it employs six people and holds £514,373 in assets. The company is managed by four directors and owned by Storz Esther. It regularly imports dairy, eggs, honey, and edible animal products (121 months) and exports cereal and milk-based food products (12 months).

The company operates as a wholesale distributor of food products, including fish, crustaceans, and molluscs. Its website highlights a focus on kosher retail and commercial markets, serving the UK with a range of products from Lotus and other recognized brands. A key aspect of the business is its partnership with Lotus, acting as the sole UK importer. The website also mentions a division specializing in piano restoration, operating from Cambridge and even having a showroom in Harrods—a surprising diversification.

Financially, S. Schwartz Ltd’s numbers paint a mixed picture. Current assets have fallen by 11%, dropping to £510,000, while net assets have decreased by 75%, settling at £1,300. Bank borrowings have decreased by 31%, reaching £24,000, and cash reserves have plummeted 70%, leaving just £20,000. Creditors have also decreased by 12%, suggesting improved debt management. The company meets the criteria for being a small company—with turnover under £10.2 million, assets under £5.1 million, and fewer than 0 employees—which helps it remain flexible. There is no auditor mentioned, as the company is exempt.

The significant drop in equity is a concerning trend, suggesting potential financial strain. While the company’s wholesale operations appear stable, the piano restoration division adds a layer of complexity. Whether this diversification is contributing to or detracting from the company’s overall financial health remains to be seen.

Registered in England/Wales under the registration number 04080028, with a registered address at NW11 7RJ, 5 North End Road, London.

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