Sams Fast Foods Limited

Sams Fast Foods Ltd from Barking UK: a small, active company founded 20 years ago, employs 28 people, and holds assets worth £3,077,695. It's a real address, managed by four directors and one owner, and enjoys a respectable 4.0 Google rating from 33 reviews. The company regularly imports miscellaneous food products, with 28 months of import activity recorded.

The company operates in the wholesale of meat and meat products, fruit and vegetable juices, mineral water and soft drinks, dairy products, eggs, and edible oils and fats. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company’s website is not available for review.

Financially, Sams Fast Foods Ltd shows a mixed picture. Current assets increased by 22% to £3.1 million, while net assets increased by 5.1% to £1 million. Bank borrowings increased by 21% to £250,000, and cash reserves decreased by 98% to £1,600. Creditors increased by 26% to £2 million, and trade debtors increased by 30% to £2.3 million. The company’s small size helps it remain agile, but the increase in debt raises questions. The company is exempt from an audit as a small company, so the figures rely on unaudited statements.

The company’s financial data reveals a few interesting trends. Accrued liabilities increased slightly, while accumulated depreciation decreased significantly. The company operates a defined contribution pension scheme, and its tax policy includes deferred tax recognition. The company’s financial statements are prepared in accordance with Financial Reporting Standard 102 and state that the company is entitled to exemption from audit.

Registered in England/Wales under the registration number 05370733, with a registered address at IG11 0EQ, England, Barking, 9 Atcost Road.

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