The French Corner Shop Limited

The French Corner Shop Limited, based in London, UK, is a small, active company established five years ago. Employing twelve individuals and holding £87,348 in assets, it operates from a virtual address—a detail highlighted by seventy-seven other companies registered at the same location. The business, overseen by three directors and a single owner, boasts a perfect 5.0 Google rating based on one review. It's an irregular importer, primarily dealing in cocoa and cocoa products, with its last import operation occurring two months ago in April 2022.

The company’s website, French Corner Shop Votre Picerie Franaise en Ligne, functions as an online store catering to expats and Francophiles. It offers a wide array of French products, including charcuterie, cheeses, biscuits, chocolates, and beverages, shipping internationally. The site is well-stocked, featuring numerous brands like Bonduelle, Milka, and BIC, and even includes a section for French army rations. The website’s design is clean and user-friendly, with products categorized for easy browsing and available in multiple languages.

However, financial data paints a slightly concerning picture. While the company is small—meeting two of three conditions to be classified as such—cash bank on hand has plummeted by nearly 50%, dropping to £10,000. Current assets have also decreased significantly, falling by 41% to £87,000. Trade debtors have declined by 29%, and net assets have taken a substantial hit, dropping 560% to -£120,000. Bank borrowings have increased by a staggering 2,400%, reaching £29,000. Creditors, however, have risen by 7.5%, suggesting perhaps some effort to manage debt. The lack of an auditor mentioned—likely due to its small size—means these figures are unaudited. The company’s reliance on a virtual address, combined with the sharp decline in equity, raises questions about its long-term financial stability, although its strong online presence and positive customer reviews indicate a loyal customer base.

Registered in England/Wales under the registration number 12224494, with a registered address at W12 8LE, England, London, 32 Woodstock Grove.

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