Vfc Foods Ltd

Vfc Foods Ltd from York UK: a small holding company with an active status, was founded four years ago in 2020. It employs seventeen people and holds assets totaling £3,325,907. With seven directors and one owner, the company operates from a real address and is regularly importing and exporting miscellaneous food products – seventeen months of imports and sixteen months of exports respectively.

The company's website, while not detailed, indicates a focus on manufacturing other food products. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

Looking at the financial data, Vfc Foods Ltd shows some interesting trends. While bank borrowings decreased by 41%, cash reserves increased by 51% to £230,000. However, creditors have dramatically increased – by 140% to £1,000,000 – which could indicate increased reliance on short-term financing. Equity has also seen a significant change, with a notable increase of £5,100,000. The company’s net assets liabilities decreased by 22%. Debtors have increased by 70%, which might be a good thing, or it could mean the company is struggling to collect payments.

The company's workforce has also grown, with an increase of 47% in the average number of employees reported. The company is not audited, which is likely due to its small size. It’s worth noting that the company’s directors list was changed three months ago, which is a good sign.

Overall, Vfc Foods Ltd appears to be growing, but the significant increase in creditors warrants close attention. The company's ability to manage its debt will be crucial for its long-term success.

Registered in England/Wales under the registration number 12856434, with a registered address at YO26 6BL, England, York, Unit 4 Opus Avenue, York Business Park, Nether Poppleton.

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