Fine Cut Butchers Ltd

Fine Cut Butchers Ltd, a small, active company based in London, UK, was founded four years ago in December 2020. Boasting a stellar 5.0 Google rating from 527 reviews, the company holds £18,954 in assets and operates from a real address at 51 Blue Anchor Lane. Led by two directors and owned by Da Silva Keila Reruska, it’s a tight-knit operation. The business specializes in retail sale of meat and meat products, both in-store and online, alongside licensed restaurants and other service activities.

The company’s website paints a picture of a unique dining experience, blending a traditional butcher shop with a contemporary steakhouse. Inspired by a trip to southern Italy, founders Keila and Flavia launched Fine Cut Steak House in April 2021, quickly gaining popularity with Londoners seeking a novel culinary adventure. The website highlights the option to choose cuts from a pristine display, offering a personalized dining experience and emphasizing Brazilian grilling traditions. The restaurant also has a blog, which is good.

Financially, Fine Cut Butchers Ltd presents a mixed picture. Current assets have increased dramatically, jumping 960% to £19,000, while net assets remain at -£130,000. Bank overdrafts have stayed steady at £170,000, and creditors have increased slightly, rising 3.1% to £180,000. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the continued negative equity suggests ongoing financial pressures. With no auditor mentioned, the figures are unaudited.

The sharp increase in debtors, ballooning 860% to £11,000, could indicate a period of rapid growth and increased sales, but also potentially delayed customer payments. The lack of employees (zero reported) points to a lean operation, relying on efficiency and owner involvement to keep costs down. Overall, Fine Cut Butchers Ltd seems to be holding its own, but the ongoing negative equity and increased debt suggest it’s still navigating the challenges of a young business.

Registered in England/Wales under the registration number 13102708, with a registered address at SE16 3UL, United Kingdom, London, 51 Blue Anchor Lane.

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