Harvest N5 Ltd

Harvest N5 Ltd, a small, active company based in London, UK, was founded three years ago and currently employs two people. The company holds £240,837 in assets and boasts a stellar 5.0 Google rating from 119 reviews. It operates as an irregular importer, primarily dealing in leather goods, travel bags, and animal harnesses, with its last import activity occurring just one month ago in June 2024. The company’s registered address is real, with only one other company registered at the same location. It has two directors and two owners, although the owner list isn't exhaustive.

The company’s website reveals it’s a key partner for Deliveroo, offering food, groceries, pharmacy items, and gifts. It’s clearly focused on facilitating deliveries, with a strong emphasis on speed, convenience, and rider support. The site also highlights partnerships with restaurants, supermarkets, and shops, as well as options for corporate clients, gift cards, and even student discounts. It's a very busy site, and it's clear that Deliveroo is the main focus.

Financially, Harvest N5 Ltd presents a mixed picture. Creditors have surged dramatically, increasing by 1,900% to reach £150,000, while cash reserves have jumped an impressive 4400% to £37,000. However, bank borrowings have decreased by 90%, falling to just £300. Net assets have improved significantly, rising by 360% to £110,000, and current assets have increased by 3600% to £240,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the large increase in creditors suggests it may be relying on credit to fuel its operations. The company is not audited, relying on unaudited statements.

It seems Harvest N5 Ltd is experiencing rapid growth, likely driven by its partnership with Deliveroo. While the increased creditors are a concern, the substantial increase in cash reserves and net assets indicates a potentially healthy trajectory.

Registered in England/Wales under the registration number 13917051, with a registered address at N5 1RD, England, London, 2-4 Highbury Corner.

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