Wai Wai Food Limited

Wai Wai Food Limited, based in Reigate, UK, is a small, active company founded 16 years ago. It’s a solo-founder operation with three employees and £631,361 in assets, managed by one director and owner. The company regularly imports cereal and milk-based food products, with 14 months of import activity recorded, the last in October 2023.

The company’s website reveals a focus on importing and distributing high-quality food products from the Far East. It specializes in frozen food items, catering to supermarkets and Cash Carry stores across the UK. Wai Wai Food boasts weekly deliveries and utilizes external transport for regions without scheduled routes, ensuring freshness and competitive prices. Its catalogue includes a wide range of items, from figo fishballs to vegan food and meat, with free delivery available for orders meeting minimum requirements. The company operates from Unit 8, INDURENT Manford Industrial Estate in Erith, Kent.

Financially, Wai Wai Food Limited shows a mixed picture. Cash bank on hand has seen a remarkable increase of 2400%, reaching £270,000, a positive sign. However, accrued liabilities have risen by 51%, to £60,000, and creditors have doubled to £190,000. Net assets have increased by 32%, to £470,000, and trade debtors remain steady at £330,000. The company’s small size—meeting two of three conditions for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees)—helps it maintain agility. The lack of auditor mentioned likely means the financials are unaudited.

Overall, Wai Wai Food Limited appears to be navigating a period of growth, with significant cash reserves. However, rising liabilities suggest a need to manage debt effectively. The company's focus on importing and distribution, combined with its commitment to quality and timely delivery, positions it well for continued success, although the sharp increase in creditors is something to keep an eye on.

Registered in England/Wales under the registration number 06841149, with a registered address at RH2 7JE, United Kingdom, Reigate, Surrey, The Coach House, 1 Howard Road,.

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