W&d Foods Ltd

W&D Foods Ltd, based in London UK, is a small, active company founded five years ago in 2020. Employing twenty people, the company holds £244,269 in assets and operates from a virtual address – twenty-five companies registered at the same location, raising some questions. It’s led by one director and one owner, with regular import activity (four months) focused on paper and paperboard products, the last recorded in January 2023.

The company’s website, W D Foods, showcases a family-run business specializing in traditional Chinese food pastes, particularly curry and gravy, sold online and to local shops in Bangor, Belfast, and Northern Ireland. Dubbed "The Belfast Curry," their pastes are marketed as easy-to-use ingredients for authentic Chinese flavors, passed down through two generations. The website emphasizes a 60-year heritage and a perfect rating, suggesting a strong local reputation and a focus on quality. The business operates in the take-away food shops and mobile food stands industries.

Financially, W&D Foods Ltd presents a mixed picture. While net assets have increased significantly, jumping 180% to £120,000, cash bank on hand has decreased by 8.3% to £53,000. Creditors have also seen a substantial decline, dropping 40% after one year, which could indicate improved debt management. However, a notable increase in net current liabilities, jumping 11,000% to £73,000, suggests a reliance on short-term borrowing or delayed payments. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the rise in short-term liabilities warrants attention. The accounts are abridged and unaudited, and no auditor is mentioned.

Overall, W&D Foods Ltd seems to be a small business with a strong local presence, but its financial health requires careful monitoring. The company is holding steady, but the rise in short-term liabilities could pose a challenge in the long run.

Registered in England/Wales under the registration number 12582893, with a registered address at WC2H 7AS, England, London, Suite 21 Cameo House, 11 Bear Street.

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