Meating Point Cardiff Ltd

Meating Point Cardiff Ltd, based in Cardiff, UK, is a small, active company founded four years ago. Boasting a perfect 5.0 Google rating from 55 reviews, it's a well-regarded local business with two directors and two owners. The company operates in the take-away food shops and mobile food stands industries, and it’s an irregular importer, with its top import category being Meat, fish, and seafood preparations, totaling 2 months of imports. The last import operation was conducted on May 01, 2023.

While the company’s website is currently unavailable, it’s likely focused on local customers, offering a range of takeaway options. Given the import activity, it’s probable that Meating Point Cardiff Ltd sources ingredients from abroad to create its menu.

Financially, the picture is mixed. Current assets have fallen by 37% to £4,700, and net assets have dropped significantly by 27% to -£19,000. Bank borrowings have decreased by 32% to £7,400, which is a positive sign, but cash reserves have also decreased by 45% to £1,800. Creditors have increased by 12% to £36,000, suggesting increased short-term debt. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's agile, but the negative equity is concerning. No auditor is mentioned, so the figures are unaudited.

Overall, Meating Point Cardiff Ltd seems to be facing financial pressures. Despite its strong Google rating, the company needs to manage its debts and maintain a steady income stream to remain viable.

Registered in England/Wales under the registration number 12969543, with a registered address at CF3 3AD, Wales, Cardiff, 95 New Road, Rumney.

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