La Cantina44 Limited

La Cantina44 Ltd, a family-run Mediterranean cuisine restaurant in Cross Gates, Leeds, is a small, active company founded seven years ago. With five employees and £106,471 in assets, it holds a stellar 5.0 Google rating from 576 reviews, a testament to its popularity. The company operates from a real address and is managed by two directors and owners. It's an irregular importer, bringing in furniture, lighting, and prefabricated buildings, with the last import occurring just two months ago.

The restaurant's website highlights its commitment to high-quality, freshly cooked Mediterranean food, a wide selection of beverages, and friendly staff. It offers a range of menus, including A' La carte, Early Bird, and party options, catering to diverse tastes. It's a great place to eat.

Financially, La Cantina44 Ltd presents a mixed picture. While current assets increased by 11% to £110,000, net assets took a significant hit, falling 7.4% to £110,000. Bank borrowings decreased by a substantial 82%, settling at £5,600, and cash reserves plummeted 93% to a mere £5,900. Creditors, however, rose by 16% to £44,000, and trade debtors increased dramatically by 680%, reaching £98,000. 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 drop in equity warrants attention. No auditor is mentioned, indicating exemption as a small company.

The restaurant seems to be doing well, but the sudden increase in debtors suggests that customers are taking longer to pay, which could put a strain on cash flow. It’s a busy place, and hopefully, the business can keep up with demand.

Registered in England/Wales under the registration number 11368465, with a registered address at LS15 8QR, England, Leeds, West Yorkshire, 1a Austhorpe Road.

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