The Hellenic Deli (london) Ltd

The Hellenic Deli London Ltd, based in Welwyn, UK, is a small, active company founded five years ago in 2019. It employs just two people and holds £23,374 in assets, operating from a real address with one director and owner. The company is an irregular importer, primarily dealing in drinks, alcohol, and vinegar, with its last import activity recorded one month ago in June 2022. Its core business is operating in the other retail sale of food in specialised stores.

The company’s website, The Hellenic Deli, focuses on bringing authentic Greek food products to the UK via an online store. It specializes in traditional Greek foods and ingredients, partnering with local, independent growers and farms across Greece to offer high-quality olive oil, honey, olives, and other Mediterranean staples. The site emphasizes bringing a “little slice of Greece” to UK customers and offers free delivery over £85 and a 10% discount on orders over £100. It’s a well-presented e-commerce site with a clear focus on quality and customer service.

Financially, The Hellenic Deli London Ltd shows a mixed picture. Current assets have decreased by 15%, dropping to £23,000, while bank borrowings have decreased by 39% to £9,400. Cash reserves have fallen by a significant 65%, leaving just £2,300. Creditors have increased by 280% to £8,500, and net current assets and liabilities have decreased by 42%. Despite these challenges, the company’s small size—meeting two of three conditions for being considered small—allows for agility. The lack of an auditor (likely exempt due to its size) means the figures are unaudited.

The company’s decline in cash reserves and increase in creditors suggests it might be burning through money, although it’s likely a normal phase for a small business. The focus on quality and customer service, combined with its niche market, should help it navigate these challenges, but it’s important to monitor its financial health closely.

Registered in England/Wales under the registration number 12118483, with a registered address at AL6 0XG, England, Welwyn, 2 Mary Proud Court, Oak Piece.

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