Better Dairy Limited

Better Dairy Ltd, based in London, UK, is a small, active company founded five years ago. With 17 employees and £9,363,389 in assets, it’s a growing enterprise managed by three directors and a single owner, boasting a stellar 5.0 Google rating from one review. The company irregularly imports machinery, boilers, and mechanical appliances—parts, with its last import operation occurring two months ago in May 2022.

The company’s website reveals a fascinating business model: creating dairy products without animals. Better Dairy uses precision fermentation—a process similar to brewing beer—to produce cheeses, yogurts, and ice creams that are lactose-free, hormone-free, and healthy. It’s even developing supplements to minimize workout recovery times and address common aging issues, as well as infant formulas to stimulate immunity and brain development. The website emphasizes the benefits of this animal-free approach, highlighting its potential to create a healthier and more sustainable food system.

Financially, Better Dairy Ltd presents a mixed picture. While current assets decreased by 31% to £9,400,000, net assets also fell by 30% to £9,700,000. Bank borrowings increased significantly, reaching £14,000, and cash reserves dropped 30% to £9,200,000. On the positive side, trade debtors decreased by a substantial 61%, suggesting improved collection of payments. The company meets the criteria for a small business—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—allowing for flexibility. Accumulated depreciation impairment property plant equipment increased by 150%, a sign of investment in equipment, and the number of employees has increased by 53% to 26. The lack of an auditor mentioned suggests it’s exempt as a small company, relying on unaudited statements.

Overall, Better Dairy Ltd appears to be growing, but it's also burning through cash. The company's innovative approach to dairy production has the potential to disrupt the food industry, but its financial health will depend on its ability to scale up production and generate sustainable revenue.

Registered in England/Wales under the registration number 12393734, with a registered address at E9 5SZ, England, London, Unit J/K Bagel Factory, 24 White Post Lane.

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