Authentique La Boulangerie Ltd

Authentique La Boulangerie Ltd, based in London, UK, is a small, active company founded four years ago. It employs six people and holds £101,056 in assets. With four directors and one owner, the company operates from a real address and is registered with Companies House. It’s an irregular importer, primarily dealing with miscellaneous food products, with its last import operation occurring two months ago in May 2023.

The company’s website, Authentique Epicerie Bar, paints a picture of a vibrant 3-in-1 venue dedicated to Francophone gastronomy. It functions as a bar, shop, and learning space, offering a curated selection of regional artisan products, wines, beers, and hot food. The venue hosts a rotating roster of guest chefs and offers wine certifications and advisory services. The website also highlights a partnership with up-and-coming chefs, providing them with a platform to showcase their culinary skills. The business seems to be centered around creating an immersive experience for customers, celebrating French-speaking culture and cuisine.

Financially, Authentique La Boulangerie Ltd's recent performance shows some concerning trends. While current assets increased slightly to £100,000, equity plummeted 27% to -£92,000. Bank borrowings increased by a significant 2400%, reaching £29,000, and cash reserves fell 30% to £880. Creditors decreased by 18%, suggesting better debt management. The company's small size—meeting two of three conditions for being considered small—helps with agility, but the substantial equity decline raises questions about its financial health. The absence of an auditor (likely exempt due to its size) means the figures are unaudited.

Overall, Authentique La Boulangerie Ltd appears to be facing financial challenges despite its appealing concept and strong online presence. The increased reliance on bank borrowings suggests a need for additional funding, and the negative equity raises concerns about long-term sustainability.

Registered in England/Wales under the registration number 12735622, with a registered address at NW5 2HL, England, London, 114a-116 Fortess Road.

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