Sagardi Uk Limited

Sagardi Uk Limited, based in London, is a small holding company with an active status, established ten years ago in 2014. Employing twenty people, the company holds assets valued at £514,679 and operates from a real address in Cordy House, Curtain Road. Two directors and one owner manage the business, which boasts a Google rating of 4.0 from 1674 reviews. The company is a regular importer, specializing in drinks, alcohol, and vinegar, with 45 months of import activity recorded up to February 01, 2025.

Sagardi Uk Limited operates as a Basque restaurant, offering a unique culinary experience rooted in traditional Basque cuisine. The website highlights a commitment to reviving and sharing authentic Basque gastronomy, emphasizing the importance of food and drink within Basque culture. Menus are available online, showcasing a range of dishes, and the restaurant even hosts private dining events. The company’s website also features profiles of the two brothers, Iaki and Mikel Lopez Vinaspre Garcia, who founded the business.

Financially, Sagardi Uk Limited presents a mixed picture. While turnover remained steady, current assets decreased by 27% to £510,000. Bank borrowings saw a dramatic reduction of 74%, falling to £38,000, and cash reserves dropped 40% to £270,000. Creditors also decreased, falling 31% to £320,000. Equity, however, declined by 11%, reaching -£1,300,000. The company meets the criteria for a small business, with turnover under £10.2 million and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

The company's financial trends suggest a period of adjustment. While reduced borrowing is positive, the decline in cash reserves and the negative equity raise concerns about long-term financial health. The continued focus on Basque cuisine and a strong online presence, however, indicate a commitment to its unique brand and customer base.

Registered in England/Wales under the registration number 09297415, with a registered address at EC2A 3BS, England, London, 87-95 Curtain Road, Ground Floor & Basement, Cordy House.

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