Safa Food 1 Ltd

Safa Food 1 Ltd from Hayes UK: a small, active company founded 10 years ago, employs 35 people, and holds £1,221,699 in assets. It’s a solo-founded operation with one director and owner, boasting a perfect 5.0 Google rating from 13 reviews. The company regularly imports prepared or preserved plant-based foods, with 265 months of import activity recorded.

The company operates in the other retail sale of food in specialised stores industries. Its website, Safa Food 1, requires JavaScript to run, suggesting a modern e-commerce platform. It appears to be primarily an online retail business, offering a range of food products.

Financially, Safa Food 1 Ltd presents a mixed picture. Cash bank on hand dropped significantly by 57%, falling to £88,000. However, current assets increased by 43%, reaching £1,200,000, while debtors ballooned by a whopping 140%, now standing at £830,000. Creditors also increased, rising 62% to £840,000. Equity, however, grew by 16%, reaching £490,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors could indicate challenges in collecting payments. No auditor is mentioned, as the company is exempt as a small company.

The company’s financial data suggests it's not burning through money at a startup pace, but it’s also not experiencing explosive growth. The increase in debtors, combined with the decrease in cash reserves, could be a cause for concern, but the growth in current assets indicates a healthy level of sales.

Registered in England/Wales under the registration number 09263919, with a registered address at UB3 3BS, England, Hayes, Unit 7 Argent Trade Centre Silverdale Road, Pump Lane.

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