Shefa Foods Ltd

Shefa Foods Ltd, a small company based in Manchester, UK, has been active since its founding nine years ago. With 43 employees and £1,468,900 in assets, this solo-founded business operates from a virtual address, managed by one director and owner. The company enjoys a stellar 5.0 Google rating from 12 reviews and regularly imports meat and edible meat offal, with 67 months of import activity recorded.

The company’s core business revolves around the manufacture of prepared meals and dishes, the wholesale of meat and meat products, and the retail sale of food in specialised stores. While a website isn't available to analyze, it’s clear Shefa Foods Ltd is involved in both food production and distribution.

Financially, Shefa Foods Ltd presents a mixed picture. While net assets increased by 2.1% to £410,000, cash reserves have significantly decreased by 88% to just £3,000. Bank borrowings have also decreased by 51% to £110,000. Creditors have increased by 6.2% to £1,100,000, and trade debtors remain consistent at £170,000. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the decline in cash reserves warrants attention. The company is exempt from an audit, and the figures are unaudited.

The increase in bank borrowings suggests the company may be burning through cash, perhaps to fund growth or cover operational expenses. The decrease in cash reserves, combined with the increase in creditors, indicates a need for careful financial management. The director, Gershon Mordechai, is responsible for navigating these challenges and ensuring the company's long-term sustainability.

Registered in England/Wales under the registration number 09848109, with a registered address at M3 7BG, England, Manchester, The Copper Room Deva City Office Park, Trinity Way.

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