Wjx Food Uk Limited

Wjx Food Uk Limited is a small, active company based in London, UK, founded eight years ago in 2017. It employs 26 people and holds £947,417 in assets. The company operates from a real address and is led by two directors and three owners. It’s an irregular importer, primarily dealing with electrical machinery and equipment, with its last import activity occurring in June 2024. The company’s core business involves operating in the licensed restaurants, take-away food shops and mobile food stands industries.

The company’s website, Xi Home Dumplings Bay, showcases a dedication to authentic Northeastern Chinese dumplings. It highlights the restaurant's commitment to bringing the genuine handcrafted dumpling experience to London, offering a range of dumplings, mantou, buns, and pancakes. The restaurant has three locations: Blossom Street near Liverpool Street Station, Edgware Road in The Bang Bang Oriental Food Hall, and Covent Garden. The website emphasizes the use of fresh ingredients and skilled pastry chefs, offering online ordering and reservations.

Financially, Wjx Food Uk Limited presents a mixed picture. While current assets increased by 6.7% to £950,000, net assets grew significantly by 72% to £830,000. Bank borrowings, however, surged by 290% to £73,000, and trade debtors ballooned by 450% to £11,000. Cash reserves declined by 6.2% to £770,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in bank borrowings suggests a need for careful financial management. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial data also reveals a significant increase in deferred tax, which could be due to changes in accounting standards or tax regulations. The rise in future minimum lease payments, particularly those exceeding five years, indicates a commitment to long-term operational expenses. The company’s focus on providing high-quality food and maintaining a strong online presence, however, suggests a potential for future growth and profitability, despite the current financial pressures.

Registered in England/Wales under the registration number 10711296, with a registered address at WC2N 4HS, England, London, 43 Chandos Place.

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