Fistro Limited

Fistro Limited is a small, active company based in Morden, UK, founded six years ago in December 2018. It employs just one person and holds £16,069 in assets. With a real address and a single director and owner, Naeem Sadia, it’s a compact operation. The company operates in a diverse range of industries, including retail sale of mobile telephones, specialised retail stores, mail order, and other service activities.

The company’s website, Frederic Bistro, showcases a dual business model. It’s a restaurant and wine shop, offering breakfast, lunch, and evening menus alongside a selection of wines. The site highlights a focus on quality ingredients and a welcoming atmosphere, with contact details and opening times clearly displayed. There’s also a mention of events and a copyright notice from 2021, built by GEO. The website suggests a traditional, customer-facing business rather than a purely online operation.

Financially, Fistro Limited’s performance presents a mixed picture. Current assets have decreased by 24% to £16,000, while net assets have also dropped slightly to £10,000. Cash on hand has remained relatively stable at £13,000, but bank borrowings have been reduced by a significant 53%, to £4,100. Trade debtors have fallen by 29%, which is a good sign, but total inventories have plummeted 81% to £1,100. The company’s small size (meeting two of three criteria for a small company) means it’s likely exempt from an audit, so the figures are unaudited. It’s worth noting that creditors have also fallen, which could indicate better management of debts.

Overall, Fistro Limited appears to be navigating a period of change. While the business is still active and has a well-presented website, the decline in assets and inventories suggests potential challenges. It’s possible that the company is streamlining its operations or facing increased competition. The reduction in bank borrowings is a positive sign, but the long-term financial health of Fistro Limited remains to be seen.

Registered in England/Wales under the registration number 11725759, with a registered address at SM4 4AP, England, Morden, 25 Enterprise House 189 Garth Road.

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