Snack Fresh Ltd

Snack Fresh Ltd from Southall UK: small company, active status, founded 4 years ago, 11 employees, real address, 2 directors, 2 owners. It's an irregular importer of plastics and plastic products (2 months imported) and an irregular exporter of cereal and milk-based food products (1 months exported). The company operates in the manufacture of other food products n.e.c. industries. Officially, it has two owners or PSCs, two directors, and eleven employees.

The company’s website, snackfresh.co.uk, showcases a diverse range of products – seeds, spices, grains, flours, dry fruits, and nuts – available for purchase online. It’s a global operation, offering shipping to over 170 countries, with currency options including CAD, EUR, GBP, and USD. The site even boasts a presence on Amazon and offers free shipping over £60. A particularly interesting aspect is the inclusion of "Combo Offer Available In Store" promoting a Super Saver Combo and free Pani Puri tasting at Namaste India Mississauga Asian Food Centre. The site also highlights a partnership with Bazaaro, offering delivery to 40 cities in Canada.

Financially, Snack Fresh Ltd presents a mixed picture. While the company’s net assets liabilities dropped by 15% to £64,000, bank borrowings increased significantly by 150% to £130,000. Cash on hand, however, plummeted by a staggering 96% to just £700. Creditors also rose by 68% to £320,000, and debtors jumped 110% to £310,000. Finished goods and goods for resale increased by 75% to £180,000. 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 agile. The accounts are unaudited and exempt, and there is no auditor mentioned.

The sharp decline in cash reserves and the increase in borrowings suggest the company may be burning through cash faster than it’s generating revenue. However, the increase in debtors could indicate a period of rapid sales growth, although it also poses a risk of bad debts. The company’s focus on international shipping and online sales, combined with its presence on Amazon, indicates an ambition to reach a global market, but it also increases complexity and risk.

Registered in England/Wales under the registration number 12607952, with a registered address at UB1 2BZ, England, Southall, Unit 1a Cranleigh Gardens Industrial Estate.

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