Reinos De Taifas Ltd

Reinos De Taifas Ltd from London UK: a small, active company founded three years ago. It’s a solo venture, employing just one person and holding £4,681 in assets. The company has a real address and is managed by a single director and owner. It operates an e-commerce site, selling Spanish extra virgin olive oil both within the UK and across Europe.

The website, Reinos De Taifas, showcases a range of monovarietal extra virgin olive oils, highlighting the family’s history dating back to 1700. It emphasizes a commitment to quality, from nurturing olive trees to bottling oils, and offers a variety of single-variety oils. The site also features a blog with content about olive oil production and tasting. It’s a family business, with a focus on tradition and sustainable practices.

Financially, Reinos De Taifas Ltd is showing some concerning trends. Cash bank on hand has dramatically decreased by 98%, falling to just £140. Current assets have also dropped significantly, down 67% to £4,700. Equity has taken a major hit, plummeting 130% to -£2,400. Creditors have increased substantially, up 240% to £13,000. While trade debtors have seen a positive change, increasing 230%, the overall picture suggests the company is burning through cash. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, relying on unaudited accounts. It seems the company is facing some financial challenges, but its focus on a niche product and direct-to-consumer sales could provide a path to recovery.

Registered in England/Wales under the registration number 13446546, with a registered address at EC1V 2NX, United Kingdom, London, Reinos De Taifas Ltd, 124 City Road.

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