Meat Direct 2 U Limited

Meat Direct 2u Ltd from London UK: a small, active company founded eight years ago, employs thirteen people, and holds £851,157 in assets. It's a family business with two directors and two owners, boasting a solid 4.0 Google rating from six reviews. The company is a regular importer, bringing in meat and edible meat offal for 49 months, with its most recent import operation made on October 01, 2024.

The company operates in the retail sale of meat and meat products in specialised stores. While a website isn't available to review, the business likely focuses on direct sales, potentially through an online store or wholesale distribution. 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.

Looking at the financial data, Meat Direct 2u Ltd shows a mixed picture. Accumulated depreciation on motor vehicles increased significantly by 200%, while depreciation on plant machinery rose by 27%. The number of employees decreased slightly by 8%, and bank borrowings were reduced by nearly 50%. A notable increase in corporation tax payable (200%) and a substantial rise in trade debtors (47%) could indicate challenges in cash flow management. However, creditors also decreased, suggesting some improvements in managing short-term liabilities. The company’s equity increased by 44%, which is a positive sign, but the sharp rise in trade debtors needs to be monitored. It's likely the company is not audited, as is common for small entities.

The company’s financial health seems to be in a transitional phase. While it has a solid foundation and a growing equity base, the increase in trade debtors and the rise in corporation tax payable could be a cause for concern. It's possible the company is experiencing growing pains as it expands its operations, but careful management of its cash flow will be crucial for its long-term success.

Registered in England/Wales under the registration number 10520599, with a registered address at N18 3QT, England, London, Unit C, 1 Anthony Way.

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