Matchita Ltd

Matchita Ltd is a small, active company from London, UK, founded six years ago. The company, with £20,209 in assets, operates from a virtual address and is led by a single director and owner, Behrendt Frank Bodo. It's a solo founder operation.

The company specializes in the processing of tea, the wholesale of coffee, tea, cocoa, and spices, and retail sales via mail order and the internet. Its website showcases a range of organic Japanese matcha products, categorized by grade (ceremonial, premium, culinary, and ready-to-drink) and harvest season. Matcha is promoted as a natural energy drink, highlighting its high vitamin A and K content. The website also features recipes and links to Amazon, alongside a newsletter signup.

Financially, Matchita Ltd’s numbers paint a mixed picture. Current assets have plummeted by a significant 80%, dropping to £20,000. Bank borrowings remain steady at £19,000, but cash reserves have doubled to £6,500. Creditors have also decreased, suggesting improved debt management. Net assets have decreased significantly, falling to -£170,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned.

The sharp decline in net assets is a cause for concern, suggesting the company may be burning through cash. While the website and product offerings appear well-developed, the financial results indicate a need for careful management. It’s possible that the company is reinvesting heavily in its business, but the trend warrants close monitoring.

Registered in England/Wales under the registration number 11794289, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

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