The Healthy Food Development Ltd

The Healthy Food Development Ltd, based in Teddington, UK, is a small, active company founded twelve years ago. With just two employees and £13,076 in assets, the company generated £126,159 in revenue last year. It operates from a virtual address—registered at an address shared by eighty-one other companies—and is managed by two directors and two owners. The company is an irregular importer, primarily dealing in cereal and milk-based food products, with its most recent import activity occurring two months ago.

The company’s website highlights its focus on providing healthier ingredient substitutes for manufacturers looking to develop better packaged food and beverages. It’s a family-run business advocating for healthy food without sacrificing taste, offering ingredient solutions and markets formulations, and even conducting research and development. THFD’s website also showcases a range of awards and innovations, including sugar-free versions of traditional sweets and baked goods, catering to the growing demand for healthier options.

Financially, The Healthy Food Development Ltd is showing some concerning trends. While turnover decreased by a significant 56% to £130,000, net assets plummeted 38% to just £100,000. Bank borrowings increased substantially, reaching £82,000, and cash reserves fell 92% to a meager £440. Creditors, however, decreased slightly, suggesting some improvement in debt management. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the sharp decline in equity is a cause for concern. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

The company's focus on innovation and healthier ingredients is commendable, but the financial data suggests it’s burning through cash. It’s possible the decrease in turnover is linked to supply chain issues or changing consumer preferences. The company’s ability to maintain its innovative approach while navigating these financial challenges will be key to its long-term success.

Registered in England/Wales under the registration number 08086410, with a registered address at TW11 9JP, England, Teddington, 171 Kingston Road.

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