Crust (woolton) Limited

Crust Woolton Ltd from Liverpool, UK, is a small, active company founded eight years ago in 2016. Employing 21 people, it holds £162,914 in assets and generates £411,656 in yearly revenue. With a real address and two directors (though no listed owners), it maintains a solid 4.0 Google rating based on over 2,500 reviews. The company is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances—parts, with the last import operation occurring over a year ago in September 2022.

The company operates a pizza restaurant, Crust, on Bold Street, Liverpool. Its website highlights handcrafted pizza, fresh pasta, and world-class beer, emphasizing quality ingredients and unique crust options. The restaurant caters to dine-in, takeaway, and delivery customers, offering award-winning pizzas, authentic Italian pasta, and a curated selection of beers. Gift vouchers are also available, and the business takes bookings for large groups. The website also promotes a student discount.

Financially, Crust Woolton Ltd’s recent performance presents a mixed picture. While turnover dropped significantly by 55% to £410,000, administrative expenses decreased by 12%, suggesting some cost control. However, net assets plunged by 130% to a concerning -£400,000, and cash reserves have all but disappeared, falling 94% to just £260. Bank borrowings increased by 13%, and trade debtors have ballooned by 280%, which could indicate payment difficulties. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the sharp decline in equity is a cause for concern. The accounts are unaudited, as the company is exempt.

Overall, Crust Woolton Ltd appears to be struggling financially, despite its positive customer reviews and strong brand presence. The significant drop in profits and cash reserves suggests that the business is burning through money, and the increased debt levels are a worrying sign. Whether the restaurant can recover from these challenges remains to be seen.

Registered in England/Wales under the registration number 10476169, with a registered address at L1 6AA, United Kingdom, Liverpool, 4th Floor Musker Building, 1 Stanley Street.

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