Cafe Chaiiwala Ltd

Cafe Chaiiwala Ltd, based in Ilford, UK, is a small, active company founded just four years ago in 2021. With £66,225 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner, Durrani Nadir Khan. The business operates in the unlicensed restaurants and cafes industries, with a focus on offering traditional South Asian drinks and food. Its website highlights a range of offerings, from warm Karak Chaii to roti rolls, and actively encourages franchise opportunities and partnerships with landlords. The company also runs a rewards program via a mobile app.

While primarily focused on brick-and-mortar locations, the website showcases a strong emphasis on brand building and expansion. The company actively seeks franchise partners and landlords, and has a dedicated section for career opportunities. It also highlights a Chaiiwala Foundation, suggesting a commitment to social responsibility. The company has imported glass and glassware for just one month, the last time being December 01, 2022.

Financially, Cafe Chaiiwala Ltd is showing some concerning trends. Cash reserves have plummeted 120000%, dropping to a mere £12,000, while net assets are a negative £17,000. Creditors have risen significantly by 110%, reaching £190,000, and bank borrowings have also increased substantially. Trade debtors have also increased by 39%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. The average number of employees has increased by 150% to five.

Despite the negative equity, the company's focus on franchise expansion and brand building suggests a long-term strategy. However, the sharp decline in cash reserves and increase in liabilities raise questions about its short-term financial stability. It's clear that Cafe Chaiiwala Ltd is facing some challenges, but its focus on growth and brand recognition may help it weather the storm.

Registered in England/Wales under the registration number 13205566, with a registered address at IG1 2RZ, England, Ilford, 229 Ilford Lane.

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