Sk Food And Drinks Limited

SK Food And Drinks Ltd from Birmingham UK: a small, active company founded 13 years ago, employs 19 people, and holds £3,456,492 in assets. It’s a real address, managed by one director and two owners, and operates an e-commerce site with a stellar 5.0 Google rating from 22 reviews. The company is an irregular importer of drinks, alcohol, and vinegar (just one month of imports recorded) but a regular exporter of the same products (46 months of exports).

The company’s website showcases a vast selection of food, beverages, and personal care items, catering to both retail and wholesale customers. It’s a comprehensive online store, with categories ranging from baby care and food to toiletries, oral care, and even pet supplies. The site also includes a wide array of cleaning products, kitchenware, and even electrical items. The sheer volume of products suggests a broad-ranging business model, targeting a diverse customer base.

Financially, SK Food and Drinks Ltd shows a mixed picture. Cash reserves increased by a healthy 36% to £270,000, which is good news. However, creditors have risen significantly, with short-term creditors up 51% to £1,100,000. Trade debtors have also increased substantially, ballooning by 31% to £550,000. Bank borrowings increased by 2,400% to £29,000. While net assets have increased by 17% to £400,000, the rise in liabilities suggests the company may be relying on credit to maintain operations. The company is small, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The accounts are unaudited, and no auditor is mentioned.

Overall, SK Food and Drinks Ltd appears to be a busy, well-regarded business, but the rising debts indicate potential financial pressures. The company’s broad product range and active export activity suggest a resilient business model, but careful management of liabilities will be crucial for long-term success.

Registered in England/Wales under the registration number 07808064, with a registered address at B24 8HZ, England, Birmingham, Unit1 Gravelly Industrial Park.

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