415 Palaette Ltd

415 Palaette Ltd from London UK: a small company with an active status, founded 5 years ago, employs 17 people, holds £313,098 in assets, operates from a real address, is managed by one director and two owners, and boasts a Google rating of 4.0 based on 1074 reviews. It’s a regular importer of furniture, lighting, and prefabricated buildings, with three months of import activity recorded.

The company’s website, Palatte Sense of Taste Colours, presents a vibrant image of a Mediterranean restaurant. It’s clear they’re focused on a high-quality dining experience, with a menu showcasing pink plates and edible flowers, and a strong emphasis on halal and vegan options. The site also highlights family-run reliability and a commitment to excellent service. They’ve got a nice gallery and a "Come Dine With Us" section, and even a dedicated page for career opportunities. It seems like they're trying to build a strong brand identity around color, taste, and a welcoming atmosphere.

Financially, 415 Palaette Ltd is showing some concerning trends. While bank borrowings decreased by 31%, cash reserves dropped 22% to £300,000. Current assets also fell 21% to £310,000. Creditors increased significantly, jumping 80% to £58,000, and trade creditors increased by 53%. Despite these challenges, debtors increased by 60%, which could mean they're doing well with sales. 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 remain nimble, but the decrease in equity, dropping 19% to £270,000, is something to keep an eye on. As a small company, it’s likely exempt from an audit, so these figures are unaudited.

It appears 415 Palaette Ltd is navigating some financial headwinds, but their focus on a unique dining experience and strong online presence suggests they’re working to maintain momentum. The increased creditors, however, could be a sign of needing to manage cash flow more carefully.

Registered in England/Wales under the registration number 12487290, with a registered address at E8 1HY, England, London, 415 Mare Street, Hackney.

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