Istanbul Meats Limited

Istanbul Meats Limited, based in Chester Le Street, UK, is a small, active company founded 23 years ago in 2001. With 25 employees and £2,745,405 in assets, it's a well-established operation. The business is run by five directors and a single owner, Adiguzel Nuran, and holds a respectable 4.0 Google rating based on 18 reviews. It's an irregular importer, specializing in machinery, boilers, and mechanical appliances parts, with the last import activity recorded two months ago in July 2023.

The company’s website highlights its role as a leading manufacturer and wholesaler of kebab meat, supplying frozen food wholesalers and suppliers across the UK and Europe. They offer a range of kebab recipes, including lamb, beef, and mixed meat options, and even provide white label services, allowing customers to sell Istanbul Meats products under their own branding. The website emphasizes quality, consistency, and even offers a “Kebab College” for training.

Financially, Istanbul Meats Limited shows some interesting trends. Creditors have increased significantly, rising 45% to £430,000, while debtors have more than doubled, jumping 110% to £520,000. Cash bank on hand has improved, growing 6.3% to £2,000,000, and net assets have increased by 7.9% to £3,200,000. However, corporation tax payable has risen sharply, increasing by 110% to £180,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for small companies.

The rise in both creditors and debtors suggests the company is expanding its operations, but it's also important to monitor its cash flow. The significant increase in corporation tax payable could be due to increased profitability, but it’s something to keep an eye on. Overall, Istanbul Meats Limited appears to be a stable, growing business, though it’s important to manage its financial obligations carefully.

Registered in England/Wales under the registration number 04252645, with a registered address at DH2 1AG, Chester Le Street, County Durham, Unit 3 First Avenue, Drum Industrial Estate.

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