Quandoo Uk Ltd

Quandoo UK Ltd, based in London, is a small, active company founded eleven years ago in 2014. With 33 employees and £1,346,211 in assets, it operates from a real address in Wework Waterloo. The company is led by two directors and has one owner, Kawashima Hidetaka. It boasts a respectable Google rating of 4.0 based on 391 reviews. Interestingly, it’s an irregular importer of electrical machinery and equipment, with just one month of imports recorded back in 01 May 2019.

The company's core business revolves around facilitating restaurant reservations. Its website, Quandoo, functions as a platform connecting diners with restaurants, allowing users to search, find, and book tables online. The site showcases a variety of restaurants across London and other UK cities, offering a guide to dining options and allowing users to search by cuisine, location, and price range. It even has a loyalty program, offering cashback rewards for bookings and reviews. The website also promotes itself as a resource for restaurants, offering reservation management tools and marketing support.

Financially, the picture is a little more complex. While current assets have decreased by a substantial 58% to £1.3 million, bank borrowings have increased significantly by 76% to £400,000. Debtor amounts have fallen by 65%, and equity has remained constant. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the significant decrease in current assets and the rise in borrowings suggest potential financial pressures. The lack of an auditor mentioned is likely due to its small size. The company’s reliance on intercompany loans, with a repayment term extended to 01 May 2026, is also something to keep an eye on. It's clear that the company is facing challenges, but it's also demonstrating resilience in a competitive market.

Registered in England/Wales under the registration number 08882094, with a registered address at SE1 7ND, England, London, Wework Waterloo, 10 York Road.

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