Superior Food Products (essex) Limited

Superior Food Products (essex) Limited, based in Westcliff On Sea, Essex, is a small, active company established 28 years ago. With 13 employees and £787,797 in assets, it operates from a virtual address shared by eleven other companies, a fact that raises a few questions. The business is run by five directors and one owner, Yu Chung Fook Wyler, and is regularly importing paper and paperboard products—seven months of activity recorded, with the latest operation in August 2024. The company’s core business is the manufacture of other food products n.e.c. industries.

While the company’s website is minimal, it does reveal a focus on food product manufacturing. There’s no e-commerce presence, suggesting a business-to-business model rather than direct consumer sales. The company’s registration address is 114 Hamlet Court Road, Westcliff On Sea, but the shared address points to a virtual office arrangement.

Financially, Superior Food Products (essex) Limited presents a mixed picture. Current assets have decreased by 9.8% to £790,000, while net assets have fallen 7.1% to £810,000. Bank borrowings have increased significantly by 220%, reaching £120,000. Cash reserves have declined by 22%, down to £450,000. Trade debtors have increased by 19%, suggesting potential issues with customer payments, and creditors have decreased by 12%, which is a positive sign. The company's small size—meeting two of three criteria for being small—helps it remain flexible, but the decline in equity is a concern. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Superior Food Products (essex) Limited appears to be navigating a period of change. The company’s reliance on imports and its position within a shared virtual address are worth noting, and the decrease in equity warrants further observation.

Registered in England/Wales under the registration number 03295487, with a registered address at SS0 7LP, Essex, 114 Hamlet Court Road, Westcliff On Sea.

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