Happy Food Limited

Happy Food Limited is a small, active company based in London, UK, founded five years ago in 2019. With just one employee and £1,954,514 in assets, it operates from a virtual address – one of 3682 companies registered there – and is led by a single director and two owners. The company runs an e-commerce site and regularly imports animal feed and food waste, with the latest import occurring in December 2024. Its business involves wholesale of grain, unmanufactured tobacco, seeds and animal feeds, retail sale of flowers, plants, seeds, fertilizers, pet animals and pet food in specialised stores, and retail sale via mail order houses or via internet industries.

The company’s website, Happy Pet Food UK, showcases a range of wet and dry cat and dog foods, alongside litter and other pet supplies. It emphasizes discounts, a variety of brands like ProChoice, and convenient online ordering—a modern approach to pet food retail. The site also highlights its commitment to quality ingredients and customer satisfaction, with blog posts offering advice on pet nutrition.

Financially, Happy Food Limited shows a mixed picture. Cash bank on hand has increased dramatically, soaring by 5,900% to £230,000, while creditors have increased by 260% to £1,500,000. Current assets have also seen a substantial increase, rising by 250% to £2,000,000. However, trade debtors have decreased by 31%, suggesting potential issues with customer payments. Equity has doubled to £410,000, but other debt has increased by 5800% to £1,100,000. The company meets the criteria for a small business, with turnover under £10.2m and assets under £5.1m, and fewer than 50 employees. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

The company's rapid growth in cash and assets is encouraging, but the increase in debt raises concerns. It seems like Happy Food Limited is expanding quickly, but it needs to manage its finances carefully to avoid burning through money.

Registered in England/Wales under the registration number 11964262, with a registered address at WC1N 3AX, England, London, 27 Old Gloucester Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.