Jamaican Patties Limited

Jamaican Patties Limited, based in Wembley, UK, is a small, active company established 26 years ago in 1998. With 22 employees and £771,188 in assets, it’s a family-run operation overseen by four directors and a single owner, Johnston Edward Charles. The company operates from a real address and has a long history, having previously been known as Cafe Reggae Uk Limited. It’s a irregular importer, bringing in drinks, alcohol, and vinegar for a few months in 2016, and an irregular exporter of prepared or preserved plant-based foods, with recent activity recorded in July 2024. The company’s core business involves the manufacture of prepared meals and dishes.

The company’s website is currently unavailable, making it difficult to assess its online presence and sales strategy. It’s unclear whether the company operates an e-commerce site or relies solely on wholesale or retail partnerships.

Financially, Jamaican Patties Limited presents a mixed picture. While current assets increased by 14% to £770,000, net assets decreased by 1.2% to £540,000. Bank borrowings increased by 16% to £410,000, and creditors increased by 19% to £570,000. 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 increase in creditors suggests a need to manage debt effectively. Cash reserves fell by 14% to £31,000. The accounts are abridged and unaudited, with no auditor mentioned, reflecting the company’s exemption as a small entity.

The company’s irregular import and export activity suggests a fluctuating supply chain, which could be influenced by factors like seasonality or changing market demands. The decline in cash reserves, despite increased assets, may indicate that the company is reinvesting in its business or facing increased operating expenses. It’s likely that the company is trying to grow its business, but it needs to carefully monitor its cash flow to avoid financial strain.

Registered in England/Wales under the registration number 03608956, with a registered address at HA0 1HX, England, Wembley, London, 264 Water Road.

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