Scandinavian Kitchen Ltd

Scandinavian Kitchen Ltd, based in London UK, is a small, active company established nineteen years ago. With forty-eight employees and £1,606,465 in assets, it operates from a real address in Park Royal Industrial Centre. The company, owned by Aurell Jonas and Blomhoj-aurell Bronte, has four directors overseeing its operations and runs an e-commerce site. It's a regular importer, specializing in cereal and milk-based food products, with twenty-five months of import activity recorded.

The company's website, ScandiKitchen, showcases a wide range of Scandinavian food products and home goods, offering both online shopping and a cafe experience. The site is well-designed, with clear product categories like bread, biscuits, drinks, and sweets, alongside seasonal offerings and recipes. It’s a vibrant online marketplace, emphasizing quality and authenticity—a great way to shop for a taste of Scandinavia.

Financially, Scandinavian Kitchen Ltd shows some concerning trends. While current assets increased by 55%, net assets only grew by 20%, suggesting increased liabilities. Bank borrowings surged by 500%, reaching £71,000, and cash reserves fell 67% to £54,000. Creditors also increased significantly, by 98%, to £1.3 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay flexible, but the increase in debt raises questions about its financial health. The company is exempt from an audit, so the figures are unaudited.

The decline in average employees, dropping 44% to twenty-seven, could indicate restructuring or cost-cutting measures—something to keep an eye on. Overall, Scandinavian Kitchen Ltd appears to be navigating a period of change, balancing growth with increased financial pressure.

Registered in England/Wales under the registration number 05716335, with a registered address at NW10 7QQ, London, Unit A9 Park Royal Industrial Centre, Eldon Way.

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