Baan Thitiya (bishop) Ltd

Baan Thitiya Bishop Ltd from Hertfordshire UK is a small, active company founded nineteen years ago in 2005. With eleven employees and £213,806 in assets, it’s a solo-founded operation run by a single director and owner. The business boasts a stellar 5.0 Google rating from 499 reviews and operates as an irregular importer of furniture, lighting, and prefabricated buildings, with its last import activity recorded one month ago in February 2019.

The company’s website, Baan Thitiya Thai Cuisine, positions itself as an award-winning Thai restaurant and takeaway in Bishops Stortford. The site highlights authentic Thai cuisine, a warm welcome, and exceptional customer service, with menus available for both dine-in and takeaway. It even has a beautiful private garden for alfresco dining during the summer months. The restaurant’s website also features a piano division, which is a little unusual, and even has a showroom in Harrods.

Financially, Baan Thitiya Bishop Ltd shows a mixed picture. Cash reserves dropped by 19% to £130,000, while bank borrowings surged by 100% to £52,000. Trade debtors increased significantly, ballooning by 130% to £79,000, which could indicate a reliance on customer payments. Creditors also rose by 5.6% to £130,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in bank borrowings and decrease in cash reserves raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Baan Thitiya Bishop Ltd appears to be holding its own, but the financial trends suggest a need for careful management. The unusual combination of a Thai restaurant, piano division, and irregular importing adds an interesting layer to the business's story.

Registered in England/Wales under the registration number 05643584, with a registered address at CM23 3DS, United Kingdom, Hertfordshire, London, 102 London Road Bishops Stortford.

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