Caramello Ltd

Caramello Ltd from Manchester UK: a small, active company founded nine years ago, is facing some financial headwinds. With 19 employees and a perfect 5.0 Google rating from 818 reviews, it's a popular spot, but overdue accounts (1 month) and confirmation statements (8 months) suggest some operational challenges. The company operates in the other food services industries, and is an irregular importer of furniture, lighting, and prefabricated buildings, with just two months of import activity recorded.

The company’s website reveals a focus on cafe dining, offering brunch, lunch, and even a dedicated menu for waffles and pancakes. The site highlights “authentic flavours elevated,” with a menu featuring steak, eggs, burgers, and tacos—all served with a side of skin-on fries. It also offers online table reservations, primarily for its Wilmslow location. The website has a very professional feel, with a strong emphasis on quality ingredients and customer experience.

Financially, Caramello Ltd is showing a concerning trend. Net assets have plummeted 150% to -£120,000, and bank overdrafts have increased dramatically by 110% to £23,000. Creditors have also seen a significant rise, jumping 320% within the last year to £120,000. While cash reserves remain stable at £5,000, the increase in liabilities is a clear warning sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the sharp decline in equity is a cause for concern. No auditor is mentioned, which is typical for small companies.

It's clear that Caramello Ltd is burning through money. The company's popularity and strong Google rating suggest a loyal customer base, but the financial data indicates a need for careful management and potentially a re-evaluation of operational costs. Whether the cafe can sustain its momentum in the face of these challenges remains to be seen.

Registered in England/Wales under the registration number 10067424, with a registered address at M20 6UB, United Kingdom, Manchester, 10 Whitechapel Street, Didsbury.

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