Zergil Food Limited

Zergil Food Ltd, based in Palmers Green, UK, is a small, active company founded eight years ago. Despite a 5.0 Google rating from two reviews, the business is currently facing some financial and administrative challenges, with accounts and confirmation statements overdue for a year. The company employs just two people and holds £223,743 in assets, operating from a virtual address shared by 68 other companies. It's led by a solo founder and director, Aydogan Yalcin.

Zergil Food Ltd specializes in importing and selling spices, nuts, legumes, olives, pickles, sauces, and jars/cans—primarily from Gaziantep, Turkey—through its e-commerce website. The site offers free shipping on orders over £39.99 and same-day shipping for orders placed before 12:30 PM. The website showcases a variety of products, including spices, nuts, legumes, and olives, with a focus on natural and delicious options. It also features a blog with articles on storing, preparing, and the history of spices.

Financially, Zergil Food Ltd’s recent performance presents a mixed picture. Cash bank on hand has dramatically decreased by 91% to just £240, while bank borrowings have increased by 31% to £80,000. Creditors have also risen by 13% to £190,000, and debtors have increased significantly by 48% to £88,000. However, net assets have improved by 37% to £20,000, and current assets have risen by 19% to £220,000. 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 decrease in cash reserves is a concern. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Despite the challenges, Zergil Food Ltd’s strong Google rating and focus on Turkish delicacies suggest potential for growth. The company's e-commerce platform and commitment to customer service could help it navigate the current financial pressures and establish a loyal customer base.

Registered in England/Wales under the registration number 10373850, with a registered address at N13 4XS, United Kingdom, Palmers Green, London, 293 Green Lanes.

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