Eat Grub Ltd

Eat Grub Ltd, based in London, UK, is a small, active company founded eleven years ago in 2013. With just two employees and £46,666 in assets, it operates from a virtual address, a common situation for smaller businesses. Two directors manage the company, though no owners are officially listed. The company runs an e-commerce site and has a stellar 5.0 Google rating based on two reviews. It’s an irregular importer, primarily bringing in cocoa and cocoa products, with the last import occurring in November 01, 2024.

The Eat Grub website is dedicated to edible insects, positioning them as the "original superfood." The site aggressively promotes insects as a sustainable and nutritious food source, offering a range of products from cricket snacks to foodie packs. The website also features recipes, ambassador profiles, and even a competition – all geared towards normalizing insect consumption. It’s clear that Eat Grub aims to revolutionize Western food culture, introducing insects as a staple part of diets.

Financially, Eat Grub Ltd presents a mixed picture. While the company’s small size (meeting two of three conditions for a small company) helps it stay nimble, its equity has remained at -£470,000. Cash bank on hand has stayed consistent at £19,000, but creditors have remained steady at £29,000. Bank borrowings are at £540. The company’s net current assets are at £17,000. The lack of a mentioned auditor, likely due to its small size, means the financial statements are unaudited.

Overall, Eat Grub Ltd seems to be navigating the challenges of a niche food business. While its innovative approach and positive online presence are encouraging, the persistent negative equity suggests the company is burning through money. It’s a high-risk, high-reward venture, and its long-term success will depend on its ability to convert interest in edible insects into sustainable revenue.

Registered in England/Wales under the registration number 08635050, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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