Bitter Twisted Limited

Bitter Twisted Ltd from Knutsford UK: a small, active company founded twelve years ago, employs fourteen people, and holds £56,481 in assets. With two directors and two owners, it’s a relatively compact operation with a real registered address. The company is an irregular importer, primarily dealing in drinks, alcohol, and vinegar, with its last import activity recorded over two years ago in November 2022.

The company’s website paints a picture of a creative hospitality group focused on immersive branded bar and restaurant experiences. They don’t seem to be doing e-commerce directly, but rather operate pop-up bars and festival experiences, and offer brand activation services for clients. They’ve created unique concepts like Bar Htte and Boardwalk Bar, and work with brands to create engaging events. They also have a presence in several major cities, including London, Liverpool, Manchester, Leeds, and Edinburgh.

Financially, Bitter Twisted Ltd is showing some concerning trends. Current assets have plummeted by 53%, dropping to £56,000, while net assets have taken a dramatic hit, falling 1200% to -£46,000. Bank borrowings have increased, and cash reserves have shrunk considerably. Creditors have also risen, suggesting increased debt. It’s a small company, meeting two of three criteria for small business status (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The company’s equity has taken a big hit, which is a worrying sign. The lack of an auditor mentioned suggests they’re exempt as a small company, meaning the financial statements are unaudited.

Overall, Bitter Twisted Ltd appears to be facing financial challenges. While their brand activation and event operations seem vibrant, the declining asset base and increasing debt raise questions about their long-term sustainability.

Registered in England/Wales under the registration number 08252718, with a registered address at WA16 6QT, Knutsford, Mere Mill Mereside Road, Mere.

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