Chupitos Ltd

  • Small
  • Active
  • 9 years
  • 14 employees
  • £22,663 (assets)
  • Real address
  • 1 director
  • 1 owner
  • Irregular importer
  • Solo founder
  • Rating 5.0 (574)

Field of Operation

Licensed restaurants
56101 53948 companies

Website

Social media

Summary

Chupitos Ltd, based in Welling, UK, is a small, active company founded nine years ago. With fourteen employees and £22,663 in assets, it's a solo-founded operation led by a single director and owner, Wolde Moges Alemu. The business enjoys a stellar 5.0 Google rating from 574 reviews, indicating strong customer satisfaction. Chupitos operates as an irregular importer, primarily dealing in meat and edible meat offal, with the latest import activity occurring two months ago in June 2024.

The company’s website showcases a vibrant tapas bar and restaurant, emphasizing authentic Spanish cuisine and a stylish ambiance. It offers a diverse menu, including set lunches, Sunday specials, and a selection of cocktails. The website also highlights Chef Moges, a seasoned culinary professional with experience at renowned London restaurants, and offers online ordering and booking options. The website also mentions a sister restaurant on Welling High Street.

Financially, Chupitos Ltd presents a mixed picture. Current assets decreased by 30% to £23,000, while net assets increased by 7.6% to £56,000. Bank borrowings decreased by 38% to £13,000, and cash reserves increased by 67% to £6,700. Creditors decreased by 38% to £13,000, but other creditors increased by 260% to £38,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in other creditors could signal some financial pressure. The accounts are unaudited, as is typical for small companies.

Overall, Chupitos Ltd appears to be navigating the challenges of a small business, leveraging its strong reputation and culinary expertise to maintain a positive trajectory, though careful monitoring of creditor levels will be important going forward.

Registered in England/Wales under the registration number 09950325, with a registered address at DA16 3HF, England, Welling, 28 Upper Wickham Lane.

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

Owners & PSC

  • 9 years
  • 2
  • 75%+

Managers

  • 9 years
  • 2
Chef

Last reports

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Last news

  1. Confirmation statement made on 2025-01-12 with no updates
  2. Total exemption full accounts made up to 2024-01-31
  3. Confirmation statement made on 2024-01-12 with no updates
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