Chinatown Bakery Limited

Chinatown Bakery Ltd from Harrow UK is a small, active company founded twelve years ago. With 57 employees and £2,250,648 in assets, it operates from a virtual address, managed by five directors with no reported owners. Its Google rating stands at a respectable 4.0 based on 204 reviews, and it’s a regular importer of miscellaneous food products, having imported for 49 months, with the latest import occurring in January 2025.

The company’s core business appears to be bakery-related, though its website is currently unavailable, making it difficult to ascertain the full extent of its operations. It’s likely that the business caters to a local clientele, possibly supplying baked goods to restaurants, cafes, or retail outlets. The fact that it operates from a virtual address, shared by 116 other companies, is a bit unusual, but not necessarily a cause for concern.

Financially, Chinatown Bakery Ltd shows a mixed picture. Current assets have increased by a substantial 69%, reaching £2,300,000, while net assets have also climbed 30% to £2,500,000. Bank borrowings have increased by 2400% to £29,000, and cash reserves have increased by 87% to £700,000. Creditors have decreased by 27% to £240,000, suggesting improved debt management. The company meets the criteria to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in bank borrowings, however, warrants further investigation, though it could be linked to increased stock levels to meet growing demand. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Chinatown Bakery Ltd appears to be a stable, albeit small, business. The increase in assets and cash reserves is a positive sign, but the rise in bank borrowings should be monitored. The company's regular import activity and Google rating suggest a loyal customer base, and its position as a small business allows it to adapt quickly to changing market conditions.

Registered in England/Wales under the registration number 08183008, with a registered address at HA1 2AW, Harrow, Middlesex, Lynwood House, 373-375 Station Road.

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