Wing Fat Supermarket Ltd

Wing Fat Supermarket Ltd, based in London UK, is a small, active company founded eleven years ago in 2013. With twenty employees and £1,450,888 in assets, it operates from a virtual address—a fact highlighted by the presence of seventy-two other companies registered at the same location. The company is managed by one director and one owner, and boasts a respectable Google rating of 4.0 based on 407 reviews. It’s an irregular importer, primarily dealing in edible vegetables and roots, with recent import activity recorded just two months ago in December 2024.

The company’s business revolves around wholesale fruit and vegetables, as well as meat and meat products, operating within a competitive market. While no dedicated website is available for analysis, the business likely functions through direct sales or partnerships with local retailers.

Financially, Wing Fat Supermarket Ltd presents a mixed picture. Current assets increased by 9.5% to £1,500,000, while net assets grew substantially by 47% to £710,000—a positive sign. Cash bank on hand also increased by 12% to £1,100,000. However, creditors within one year decreased by 11% to £820,000, and property plant equipment declined by 41%. The company meets two of three criteria to be considered small: turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are abridged and unaudited, and no auditor is mentioned.

Despite the growth in assets, the decrease in employee numbers by 20% is something to note. The company’s irregular import pattern suggests a flexible sourcing strategy, but also potential supply chain vulnerabilities. Overall, Wing Fat Supermarket Ltd seems to be financially stable, but its long-term success will depend on maintaining its customer base and adapting to changing market conditions.

Registered in England/Wales under the registration number 08645032, with a registered address at EC1Y 8PX, England, London, 59 Banner Street.

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