Little Hungary Ltd

Little Hungary Ltd from Aberdeen UK is a small, family-run business with an active status. Founded two years ago in August 2022, the company employs just two people and holds £20,759 in assets. It has a real registered address and is managed by three directors and three owners. The business boasts a solid 4.0 Google rating based on ten reviews, indicating positive customer experiences.

The company operates in a diverse range of industries, including meat processing, wholesale of meat products, specialized food retail, and online sales. Its website, while currently unavailable, likely supports these operations. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Little Hungary Ltd presents a mixed picture. Accumulated depreciation has increased by a significant 100%, suggesting investment in property, plant, and equipment, but the number of employees has decreased by 50%, from two to one. Cash bank holdings have fallen by 8.7%, and creditors have increased by a substantial 45%. Equity, however, has plummeted by 270%, indicating a loss of retained earnings and accumulated losses. Despite this, other inventories have increased, and trade debtors have risen, suggesting potential growth in sales. It's a bit concerning that cash reserves are low, but the company seems to be managing its trade creditors effectively. There's no auditor mentioned, which is common for small, exempt companies.

Overall, Little Hungary Ltd is a small, family-run business navigating the challenges of a startup. While the financial picture isn't entirely rosy, the positive Google rating and diverse industry involvement suggest potential for future growth.

Registered in Scotland under the registration number SC740552, with a registered address at AB16 7LT, United Kingdom, Aberdeen, Scotland, 18 Oldtown Terrace.

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