Labakery 2 Ltd

Labakery 2 Ltd, a small company based in London, UK, has been active since its founding two years ago. With five employees and £30,610 in assets, it's a solo-founded venture led by two directors and a single owner, Ferrando Francesca. The company boasts a stellar 5.0 Google rating from 517 reviews, indicating high customer satisfaction. It operates in the unlicensed restaurants and cafes industries and is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import operation occurring two months ago.

While the company has a real registered address, it's also running a website, but there is no information about it.

Financially, Labakery 2 Ltd presents a mixed picture. Although the company is small, meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity sits at a concerning -£44,000. Cash reserves are a modest £4,200, while bank borrowings have reached £190,000. Creditors are also substantial at £210,000, suggesting a reliance on external financing. The company's net current assets and liabilities are -£180,000. Despite these challenges, debtors have decreased slightly, indicating some improvement in collecting payments. With no auditor mentioned, the financial statements are unaudited.

Overall, Labakery 2 Ltd appears to be navigating a difficult financial situation, likely burning through money. The company's small size and solo founder structure might contribute to management challenges, but the high level of debt raises concerns about its long-term sustainability.

Registered in England/Wales under the registration number 14849399, with a registered address at EC2M 7AT, United Kingdom, London, Second Floor, 34 Lime Street.

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