Poilane Ltd

Poilane Ltd, a small, active company founded 26 years ago in 1998, is a London-based bakery specializing in artisanal sourdough bread. With 16 employees and £437,219 in assets, the company operates from a real address on Elizabeth Street and is managed by two directors, though no owners are officially listed. It’s a regular importer of wood and wood products, having imported for 38 months, with the latest shipment arriving in February 2025. They also occasionally export oil seeds and fruits used for oil, with just one month of export activity recorded back in June 2021.

The company's website highlights its focus on traditional baking methods and premium ingredients, offering a range of breads, biscuits, pastries, and even groceries and books. It features an e-shop and caters to wholesale clients, with a particularly strong presence in the luxury market, including a showroom in Harrods. The site also promotes seasonal offerings, like gingerbread men and reindeer cookies for Christmas.

Financially, Poilane Ltd presents a mixed picture. Current assets have decreased by 8.6% to £440,000, while net assets have plummeted 40% to -£1.2 million—a substantial decline. Bank borrowings have increased by 15%, reaching £1.6 million, and cash reserves have fallen 9.1% to £120,000. Creditors have also increased by 15%, suggesting a reliance on external financing. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity drop raises concerns about its long-term financial health. The company’s auditor, Martlet Audit Limited, has issued an unqualified opinion. It's worth noting that the company has elected not to include a copy of the profit and loss account within the financial statements.

Registered in England/Wales under the registration number 03568742, with a registered address at SW1W 9PA, 46 Elizabeth Street, London.

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