Ph Foods Ltd

Ph Foods Ltd, based in Wells, UK, is a small, family-run business with an active status. Founded twenty-one years ago in 2003, it employs just two people and holds £157,256 in assets. The company, with two directors and two owners, operates from a real address and is registered as a private limited company. It’s a tight-knit operation, with Braithwaite Mischa Lindsey and Braithwaite David listed as both directors and owners. The company was previously known as Prewetts Health Foods Limited.

Ph Foods Ltd operates as an agent involved in the sale of food, beverages, and tobacco. Its primary activity involves importing miscellaneous food products, with a sporadic import history spanning one month, the last operation occurring in January 2024. The company’s website is currently unavailable, making it difficult to assess its online presence or e-commerce activities.

Financially, Ph Foods Ltd shows a mixed picture. While current assets remained stable at £160,000, net assets significantly decreased by 98%, plummeting to just £580. Bank borrowings decreased by 25%, settling at £32,000, and cash reserves increased by 33% to £17,000. Creditors decreased by 21%, suggesting improved debt management. 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 maintain agility, but the dramatic equity drop warrants attention. The company’s accounts are unaudited, a common practice for small, exempt companies.

The decrease in average employees from two to one suggests a potential shift in operational structure. The company’s reliance on irregular imports, combined with the fluctuating financial performance, indicates a business navigating challenging market conditions. It's a bit concerning, but the company seems to be holding on.

Registered in England/Wales under the registration number 04986730, with a registered address at BA5 1LJ, England, Wells, Units 12 & 13 The Sidings, Cathedral Park.

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.