Let's Braai Ltd

Let’s Braai Ltd from Coventry, UK, is a small, active company founded four years ago. With £38,569 in assets, the business operates from a real address and is managed by two directors and two owners. It runs an e-commerce site specializing in authentic Southern African braai wood and related BBQ equipment, achieving a stellar 5.0 Google rating from twelve reviews. The company regularly imports iron or steel products, with eight months of import activity recorded, the latest in January 2025.

The website, LetsBraai.co.uk, showcases a passion for recreating the traditional South African braai experience in the UK. It offers a range of hardwoods like Sekelbos, Rooikrans, Kameeldoring, and Mopane, alongside stainless steel braais and accessories. The site emphasizes the unique sensory experience of a wood-fired braai, highlighting the aromas, flavors, and social connection associated with this cultural tradition. Blog posts offer tips and recipes, further reinforcing the company's expertise in the art of braaing.

Financially, Let’s Braai Ltd presents a mixed picture. Cash bank on hand increased by a substantial 180%, rising to £18,000, while current assets also saw a healthy 68% increase, reaching £39,000. However, equity experienced a dramatic shift, plummeting by 1300% to £21,000. Creditors decreased by 8.1% to £23,000, suggesting improved debt management. Trade debtors also increased by 28% to £10,000. 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 significant equity decline warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

The surge in bank borrowings, increasing by 2400% to £29,000, and the decrease in cash reserves, falling by 30% to £28,000, could indicate that the company is investing in growth or facing temporary cash flow challenges. It’s likely that the company is still finding its footing, and the financial figures reflect the dynamic nature of a growing business.

Registered in England/Wales under the registration number 13155425, with a registered address at CV6 1PU, England, Coventry, 30 Kingsbury Road.

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