Brood Hospitality Ltd

Brood Hospitality Ltd, based in Bruton, UK, is a small, active company founded five years ago in 2019. Employing 26 people, the business holds £173,704 in assets and operates from a real address. It’s a solo-founded operation with three directors and one owner, Merlin Labron-johnson. The company is an irregular importer of clothing and accessories, not knitted or crocheted, with the last import activity recorded two months ago in August 2024.

Brood Hospitality Ltd operates in the licensed restaurant industry, and its website showcases a menu of breakfast items, burgers, sides, drinks, and cocktails. The site’s design is modern and features a gallery of food photos and a section highlighting the company’s rebranding project, completed in 2022. It even has a blog detailing the project, which included a new website and interior design. The company's website also features locations in Brooklyn, Queens, and a food truck in New York, but it's unclear how these locations are connected to the UK-based operation.

Financially, Brood Hospitality Ltd’s report reveals some concerning trends. Cash bank on hand has fallen significantly by 60% to £9,700, while bank borrowings have increased by 30% to £880,000. Creditors have also risen by 26% to £960,000, suggesting increased debt. However, there's a positive sign in the decrease of deferred income by 35%. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

The increase in bank borrowings, alongside the drop in cash reserves, raises questions about the company’s financial health. While the rebranding project suggests investment and a focus on growth, the numbers indicate a need for careful financial management.

Registered in England/Wales under the registration number 12111475, with a registered address at BA10 0AB, England, Bruton, 3 High Street.

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