Samar Food Limited

Samar Food Limited is a small, active company based in London, UK, founded nine years ago in 2016. With four employees and £71,243 in assets, it operates from a virtual address shared by many other businesses—a bit of a red flag, really. The company is run by a solo founder who also acts as director and owner. Samar Food Limited has an e-commerce site and regularly imports prepared or preserved plant-based foods, with the last import operation recorded in October 2024. It also operates in the take-away food shops and mobile food stands industries.

The company’s website, Samar Market, showcases a retail operation focused on halal meat, fish, and frozen vegetables. It emphasizes freshness, convenience, and a 15% discount on organic vegetables. The site also highlights partnerships with accredited farmers and promotes a 15% discount on fresh meat cuts. A section dedicated to Agrofarm suggests a potential link to agricultural sourcing, and the site features testimonials from satisfied customers.

Financially, Samar Food Limited’s numbers paint a mixed picture. Current assets have fallen by a significant 44% to £71,000, while net assets have dropped 36% to £60,000. Cash reserves have also taken a hit, declining 62% to £36,000. Bank borrowings have decreased, but trade creditors have increased substantially by 63%, which could indicate challenges in managing supplier payments. The company’s small size—meeting two of three conditions for being classified as small—helps with agility, but the decline in cash and increase in creditors warrants a closer look. No auditor is mentioned, meaning the accounts are unaudited.

Overall, Samar Food Limited seems to be navigating a period of financial pressure. While its e-commerce platform appears active and its focus on halal products caters to a specific niche, the company needs to address its declining cash position and manage its trade creditors effectively to ensure long-term sustainability.

Registered in England/Wales under the registration number 09952313, with a registered address at SE1 2JE, England, London, 19 The Circle, Queen Elizabeth Street.

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