Shankar Foods Limited

Shankar Foods Ltd from Barnet UK: a small, active company founded 17 years ago, employs 16 people, and holds £3,138,757 in assets. Operating from a virtual address, it’s led by a solo founder and a single director, and currently boasts a 3.0 Google rating based on 17 reviews. The company regularly imports cereal and milk-based food products, with recent activity recorded three months ago. 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, while functional, simply states "You need to enable JavaScript to run this app," offering little insight into its operations. It’s unclear whether Shankar Foods Ltd operates an e-commerce platform or primarily functions as a wholesale distributor. The website’s simplicity suggests a focus on business-to-business transactions rather than direct consumer sales.

Financially, Shankar Foods Ltd presents a mixed picture. Cash reserves have surged an impressive 710%, reaching £410,000—a positive sign of improved liquidity. However, trade debtors have increased substantially by 43%, suggesting potential issues with customer payments. Creditors have also risen by 14%, indicating a need to manage short-term liabilities. The company’s equity has grown by 70%, reaching £1.8 million, a good sign of retained earnings. Fixed assets have increased significantly by 660%, reaching £270,000. While bank borrowings have decreased by 29%, the overall trend suggests the company is managing its debt effectively. The company is not audited, which is expected for a small entity.

Despite the positive cash flow, the increase in debtors could be a cause for concern. The company’s growth in fixed assets, however, points to investments in its infrastructure. Overall, Shankar Foods Ltd appears to be financially stable, but it should monitor its accounts receivable closely.

Registered in England/Wales under the registration number 06519895, with a registered address at EN5 5TZ, Barnet, Hertfordshire, 1 Beauchamp Court, 10 Victors Way.

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