High End Meats Ltd

High End Meats Ltd from Barking UK: a small, active company founded five years ago, employs nine people, and holds £26,048 in assets. It's a solo-founded operation with a single director and owner, operating an e-commerce site and regularly importing meat and edible meat offal—a consistent 10 months of imports recorded, with the latest in November 2023. The company’s registered address is real, with only one other company registered at the same location.

The company's website, Mason's Meats, focuses on premium grass-fed beef jerky, offering a range of flavors and cuts. The site emphasizes quality ingredients, a 100% gluten-free recipe, and a direct-to-consumer model, with a strong social media presence. It’s clear the company is aiming for a niche market of jerky enthusiasts, highlighting its unique selling points: minimal ingredients and a focus on natural flavor.

Financially, High End Meats Ltd shows a mixed picture. Current assets decreased by 9.3% to £26,000, while net assets plummeted 120% to -£14,000. Trade debtors turned negative, falling by 190% to -£5,500—a surprising development. Creditors, however, increased significantly by 940% to £68,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the large increase in creditors and significant equity decline raise concerns. With no auditor mentioned (likely exempt as a small company), the figures are based on unaudited statements.

The company's assets have decreased, and it appears to be relying heavily on credit. Whether this is a short-term challenge or a longer-term trend remains to be seen, but for now, High End Meats Ltd is banking on its premium product and online presence to weather the storm.

Registered in England/Wales under the registration number 12211499, with a registered address at IG11 0RJ, United Kingdom, Barking, 7ripple Side Ripple Road Barking, Ripple Road.

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