Sarasas Hayes Ltd

Sarasas Hayes Ltd, based in London, UK, is a small, active company founded eleven years ago. With sixteen employees and £418,194 in assets, it operates from a virtual address, registered at SE25 6EJ, London, Svs House, Oliver Grove – a detail that suggests a shared office space as sixteen companies are registered there. The company is led by one director and one owner, and boasts a strong Google rating of 4.0 based on 1796 reviews. It’s an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances, with just one month of import activity recorded as of February 2021.

The company’s primary focus is operating restaurants, takeaway food shops, and mobile food stands, with two branches listed on its website: Sarasas South Indian Restaurant in Hayes and Sarasas Ruislip. The website directs customers to these locations and provides contact information, emphasizing convenient access and a range of Indian cuisine options. It seems to be a straightforward retail operation, with no obvious e-commerce component.

Financially, Sarasas Hayes Ltd presents a mixed picture. Current assets have plummeted by 70%, falling to £420,000, while net assets have increased by 22%, reaching £1.4 million. Bank borrowings have decreased by 35%, settling at £20,000, and cash reserves have fallen dramatically by 83%, leaving just £200,000. Creditors have also decreased by 19%, suggesting improved debt management. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely reflects its exemption as a small company.

Despite the significant drop in cash reserves, the increase in net assets suggests the company is holding its own. The decrease in bank borrowings is a positive sign, and the decrease in creditors is also good. The company’s strong Google rating indicates customer satisfaction, and the two branches provide a solid foundation for its restaurant operations. While the financials show some volatility, the company’s established presence and positive customer feedback suggest it is navigating these challenges effectively.

Registered in England/Wales under the registration number 09009955, with a registered address at SE25 6EJ, London, Svs House, Oliver Grove.

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