Sharat's Kitchen Ltd

Sharat’s Kitchen Ltd is a small, active company based in Reading, UK, founded eight years ago in 2016. With six employees and £78,300 in assets, it operates as a solo-founded venture led by a single director and owner. The business is an irregular importer, having imported iron or steel products for just one month back in 2018.

The company’s website, Clay’s Kitchen Bar, positions itself as the "best Indian in Reading," offering modern Indian cuisine and catering services. It operates both a dine-in restaurant and a nationwide delivery service, called "Clay's at Home," offering cooked and chilled food. The website also features vouchers for both dine-in and delivery options, and highlights its focus on Andhra and Hyderabad cuisine. It even has a Mother's Day promotion running, and offers catering for larger groups on closed days.

Financially, Sharat’s Kitchen Ltd shows a mixed picture. Current assets have fallen by a significant 38% to £78,000, while net assets have plummeted 79% to just £17,000. Bank borrowings have also increased, rising by 57% to £13,000, and cash reserves have decreased by 26% to £40,000. Creditors have also fallen by 61%, which could indicate better debt management. The company meets two of the three criteria to be considered a small company, and the lack of an auditor mentioned suggests it’s exempt from an audit.

Despite the drop in assets, the company’s focus on both dine-in and delivery services, along with its strong online presence, suggests it’s trying to diversify its revenue streams. Whether this strategy will be enough to offset the financial pressures remains to be seen, but for now, Sharat’s Kitchen Ltd is holding its own in a competitive market.

Registered in England/Wales under the registration number 10362194, with a registered address at RG30 6AT, United Kingdom, Reading, 13 Bramshaw Road.

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