Wa Foods Limited

Wa Foods Ltd, based in Shanklin, UK, is a small, family-run business with an active status. Founded seven years ago, the company employs twelve people and holds £510,299 in assets. With a real address and two directors/owners, it boasts a perfect 5.0 Google rating from thirteen reviews. The company is a regular importer, specializing in meat and edible meat offal, with nineteen months of import activity recorded, the latest in January 2025.

The company’s website reveals a focus on catering to the Isle of Wight’s hospitality sector. Wa Foods Ltd positions itself as a local butcher, supplying pubs, restaurants, hotels, and sailing clubs with high-quality meat products. It operates from a modern factory in Shanklin, emphasizing traditional butchery methods, rigorous food safety checks, and a personal touch. The company even delivers daily, covering the entire island. Their website also states they have over 30 years of experience in the butchery and manufacturing trade.

Financially, Wa Foods Ltd shows some interesting trends. Cash reserves increased significantly, jumping 230% to £210,000, while bank borrowings decreased slightly. Trade debtors also fell, suggesting improved payment collection. However, creditors rose by 15%, and depreciation on plant machinery increased by 20%, indicating investment in equipment. The company's small size (meeting two of three conditions for a small company) allows for flexibility, but the increase in depreciation could indicate a need for ongoing maintenance. The company’s unaudited financial statements, which were prepared by Harrison Black Limited, show a decrease in the amount specific advance or credit made to directors, and an increase in the amount specific advance or credit repaid to directors. Overall, the company seems to be in a decent position, but it’s important to monitor those rising creditor levels.

Registered in England/Wales under the registration number 11258332, with a registered address at PO37 6PF, England, Shanklin, Isle Of Wight, 5 Pomona Road.

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