Biteswelove Ltd

BitesWeLove Ltd from Maidenhead UK: small company, active status, founded 3 years ago, confirmation overdue 6 months, 1 employee, virtual address, 3 directors, no owners. Regular importer of prepared or preserved plant-based foods (4 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other food services industries. Officially, it hasn’s published owners as their shares less than twenty five percent for each shareholder.

BitesWeLove’s website, BitesWeLove.com, is an e-commerce platform selling healthier snack alternatives. The site is entirely focused on online retail, offering a range of “better bites” including chewy oat bars, crunchy peas, lentil puffs, and nut mixes. The site uses a Dutch language interface and caters primarily to the Netherlands, Belgium, Germany, France, Italy, Portugal, Spain, Sweden, and the UK. The website’s design is bright and modern, emphasizing the products’ health benefits and appealing to a consumer seeking a guilt-free snack. It’s a vibrant, online-only operation, with no mention of a physical store or showroom.

Financially, BitesWeLove Ltd presents a mixed picture. Cash and cash equivalents have increased significantly, jumping 130% to £33,000, which is a positive sign. However, trade debtors have plummeted by 97%, dropping to just £150, which could indicate payment issues with customers or a shift in credit terms. Staff costs remain constant at £52,000, despite the single employee reported. Creditors have increased by 27%, reaching £170,000, and accrued liabilities have tripled to £660. The company’s small size helps it stay agile, but the fluctuating debtor and creditor figures suggest some financial strain. There’s no auditor mentioned, likely due to its small size, so the figures are unaudited.

While the website appears active and well-designed, the financials reveal a company that’s likely burning through money. The increase in cash is good, but the sharp decrease in debtors and increase in creditors suggests a need to carefully manage cash flow. Whether BitesWeLove can sustain its online presence and grow its customer base remains to be seen.

Registered in England/Wales under the registration number 13693714, with a registered address at SL6 3UD, United Kingdom, Maidenhead, Building 4 Foundation Park, Roxborough Way.

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