Saddle Cafe Ltd

Saddle Cafe Ltd from London UK: a small, active company founded three years ago, holds £374,860 in assets, and operates from a virtual address. With a Google rating of 4.0 based on 872 reviews, it’s a regular importer of optical and medical tools and devices (4 months imported) and has a solo founder, one director, and one owner. The company is a small business, meeting two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

The company’s online presence is primarily on Instagram, suggesting a focus on visual marketing and direct engagement with customers. It’s unclear if the Instagram account is directly linked to sales or if it’s used for brand building and marketing. The site doesn’t appear to be an e-commerce platform, implying that sales likely occur offline or through other channels.

Financially, Saddle Cafe Ltd presents a mixed picture. While cash bank on hand has dramatically increased from £100 to £27,000, creditors have soared from £21,000 to a staggering £1,300,000. Current assets have also jumped significantly, from £10,000 to £370,000, and debtors have increased from £10,000 to £310,000. However, net assets have plummeted from -£11,000 to -£200,000, indicating a substantial loss. The company’s retained earnings and accumulated losses are also down. Despite these challenges, the business seems to be managing its debts, with creditors decreasing by 150% within a year. The accounts are abridged and unaudited, and the company is exempt from an audit.

The company’s financial data shows a pattern of rapid growth, but also significant liabilities. The substantial increase in creditors suggests the company is relying on credit to fund its operations, which can be risky if not managed carefully. The loss in net assets indicates that the company is burning through money, but the increase in cash bank on hand suggests that it has been able to secure funding or generate revenue to offset these losses. The lack of employees (just one reported) hints at a lean operation, but the growing debts could put a strain on the business.

Registered in England/Wales under the registration number 13570905, with a registered address at SW16 6SQ, United Kingdom, London, 66 Moyser Road.

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