Neya Taste Limited

Neya Taste Ltd from Leicester UK: a small, active company founded 10 years ago, employs 23 people, and holds £342,807 in assets. With six directors and two owners, it’s a family business boasting a perfect 5.0 Google rating from seven reviews. It’s an irregular importer of machinery, boilers, and mechanical appliances, with just one month of imports recorded as of May 2023.

The company operates in the manufacture of other food products, catering to the food and drink supplier industry. Its website, Neya Taste, emphasizes quality and standard, stating it leads and sets a benchmark for its products. It even claims its products have often been copied but never matched. The No 1 Choice for Taste Quality, it says.

Financially, Neya Taste Ltd presents a mixed picture. Cash reserves increased by 27% to £210,000, and current assets rose 23% to £340,000. However, net assets decreased by 17% to £230,000, and intangible assets dropped significantly by 80% to £8,600. Bank borrowings increased by 2,400%, reaching £29,000, and trade debtors increased by 17% to £55,000. Creditors decreased by 18%, suggesting better debt management. The company meets two of three criteria for being a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, so the figures are unaudited.

Overall, Neya Taste Ltd is showing some growth, but the drop in net assets and surge in bank borrowings suggest it’s burning through cash. It’s a small, family-run operation, and its focus on quality and standards could help it weather the financial pressures.

Registered in England/Wales under the registration number 09196067, with a registered address at LE5 0HL, Leicester, Unit 6 36 Hastings Road.

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