Wholefood Chef Ltd

Wholefood Chef Ltd is a small, active company based in Stonehouse, UK, founded three years ago in 2021. With £153,263 in assets and a real registered address, it’s a solo-founded operation run by two directors and one owner, Rees Martyn Peter. The company operates in the retail sale via mail order houses or via internet industries, and it's an irregular importer, with its top import category being Prepared or preserved plant-based foods, totaling 1 months of imports. The last import operation was conducted on October 01, 2022.

The company’s website is currently unavailable, making it difficult to ascertain the specifics of its online presence or e-commerce operations. It’s unclear if they have a dedicated online store or rely solely on mail-order channels.

Financially, Wholefood Chef Ltd presents a mixed picture. While current assets increased by 19% to £150,000, equity plummeted 58% to -£240,000. Cash bank on hand has decreased significantly by 98% to just £160, and trade debtors have increased dramatically by 5200% to £150,000. Creditors have also risen by 32% to £390,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop and significant increase in debtors suggest potential cash flow challenges. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s reliance on imported plant-based foods, coupled with the decrease in cash reserves, could indicate difficulties in sourcing or managing inventory. It’s possible that the company is experiencing growing pains as it navigates the complexities of importing and retail sales. The significant increase in debtors could also be a sign of delayed payments from customers, which could further strain its financial situation.

Registered in England/Wales under the registration number 13549184, with a registered address at GL10 3SL, England, Stonehouse, Suite 15, Westend Courtyard Grove Lane, Westend.

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