Uk Food Exchange Ltd

Uk Food Exchange Ltd, based in Manchester, UK, is a small, active company founded seven years ago in 2017. With 17 employees and £3,924,505 in assets, it operates from a real address within Smithfield Market. The company is run by one director and one owner, and regularly imports edible vegetables and roots—a consistent activity spanning 10 months, with the latest operation in February 2024.

The company’s website, foodexchange.uk, highlights its role as a major independent fruit and vegetable wholesaler in the UK. It emphasizes quality produce, competitive pricing, and responsiveness to market demands. The business also offers services like exotics, salads, fruits, and vegetables, alongside a supplier section. The website has a clean, modern design with clear calls to action and a subscription option for discounts. It’s clear they're aiming for a professional image.

Financially, Uk Food Exchange Ltd shows a mixed picture. Current assets increased by 27%, reaching £3,900,000, while net assets grew by 24% to £5,100,000. Cash reserves are healthy at £520,000, but trade debtors have risen significantly by 35% to £1,300,000, which could indicate challenges in collecting payments. Creditors also increased by 20% to £260,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debtors warrants monitoring. The accounts are abridged and unaudited, so they rely on director-reported data.

Overall, Uk Food Exchange Ltd appears to be a solid, growing business, but the rise in debtors is something to keep an eye on. It’s clear they’re focused on maintaining their reputation as a reliable wholesaler and expanding their reach within the UK market—though the increased debts might be a bit of a worry.

Registered in England/Wales under the registration number 11044089, with a registered address at M11 2WJ, England, Manchester, Uk Food Exchange Ltd First Floor, Unit C23 New, Smithfield Market, Whitworth Street East.

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