Hackney Meat Traders Ltd

Hackney Meat Traders Ltd, a small, active company based in London, UK, has been trading for thirteen years. Founded in 2012, it employs eleven people and holds assets of £2,899,106. The company, with a real address and two directors, has a stellar 5.0 Google rating based on five reviews. It’s an irregular importer of meat and edible meat offal, with its last import operation occurring in September 2024.

The company’s website showcases Hackney Meat Traders as a premium meat supplier, specializing in serving Michelin-starred restaurants and discerning customers across London. It emphasizes a commitment to sustainability and a wide range of meats sourced from trusted suppliers. The site highlights a prime location for convenient pickups and quick deliveries, and even has a blog with articles on meat sourcing and dry-aging techniques.

Financially, Hackney Meat Traders Ltd shows some interesting trends. While turnover increased by a respectable 7.8% to £18,000,000, net assets decreased by 43% to £690,000. Bank borrowings decreased by 36% to £53,000, and cash reserves grew by 50% to £500,000. Trade debtors rose significantly by 60% to £2,200,000, which could indicate expanding credit terms or potential payment delays. Operating profit also increased by 25% to £430,000. The company’s small size (meeting two of three conditions for being classified as small) allows for agility, but the decrease in equity is something to keep an eye on. There’s no auditor mentioned, which is likely due to the company being exempt as a small entity. The accounts are unaudited, relying on director-reported data.

Overall, Hackney Meat Traders Ltd appears to be a successful, albeit small, business. The growth in turnover and operating profit is encouraging, but the decrease in equity and increase in trade debtors warrant closer scrutiny. The company’s focus on quality and service, combined with its prime location, positions it well to continue serving London’s high-end culinary scene.

Registered in England/Wales under the registration number 08063540, with a registered address at E8 2AJ, England, London, 447 Amhurst Road.

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