Real Taste Ltd

Real Taste Ltd, based in Manchester, UK, is a small, active company founded seven years ago in 2017. Employing nine people and holding £117,875 in assets, it operates from a real address and is overseen by two directors and owners. The company’s status is active. It’s a irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with the last import operation recorded two months ago in January 2021. The company operates in the unlicensed restaurants and cafes industries.

The business’s website is non-existent, which makes it difficult to determine if it's involved in e-commerce or operates a physical location. Without a website, it’s impossible to assess its online presence or customer interaction strategies.

Financially, Real Taste Ltd shows a mixed picture. Current assets have dramatically increased by 840%, reaching £120,000, while bank overdrafts remain steady at £9,000. Creditors have risen sharply by 190%, reaching £99,000, and cash bank on hand has exploded by 1,500%, reaching £110,000. The company’s net assets have increased by 350%, reaching £64,000, which is a positive sign. However, the significant increase in creditors suggests a potential reliance on short-term financing. The company meets two of three conditions to be considered small: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The accounts are unaudited and exempt, and no auditor is mentioned.

The company’s average number of employees has increased by 22%, from nine to eleven, which could indicate expansion or increased workload. Depreciation on plant and machinery has increased by 83%, which may be due to increased usage or new equipment purchases. It’s worth noting that the company’s trade debtors have remained stable, suggesting effective credit management. Overall, Real Taste Ltd appears to be experiencing growth, but the increased reliance on creditors warrants monitoring.

Registered in England/Wales under the registration number 11076748, with a registered address at M11 2NL, United Kingdom, Manchester, 815-817 Ashton Old Road.

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