Sotiris Bakery Limited

Sotiris Bakery Ltd from Bristol UK: a small, active company founded six years ago, employs three people, and holds £2,624 in assets. It operates from a virtual address, is managed by two directors and one owner, and boasts an impressive Google rating of 5.0 based on 443 reviews. The company is an irregular importer, bringing in miscellaneous food products, with the last import operation occurring two months ago in May 2022.

The bakery’s website is currently unavailable, making it difficult to determine its exact operations beyond what's publicly available. It appears to be operating in the broader food services industry.

Financial data reveals a concerning trend. While the company is classified as small, meeting two of three conditions (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its financial health is shaky. Net assets have plummeted by a staggering 160%, dropping to -£9,700. Cash bank on hand has shrunk by 81%, leaving only £58. Trade debtors have also decreased, but creditors have increased significantly, suggesting the company is relying more on borrowing. A sharp decrease in average employees, from three to one, is also noticeable.

Despite these challenges, the company’s high Google rating suggests a positive customer experience. However, the significant decline in equity and the reliance on borrowing indicate that Sotiris Bakery Ltd is facing financial pressures. The lack of an auditor mentioned (likely exempt as a small company) means the financial data is unaudited, adding a layer of uncertainty.

Registered in England/Wales under the registration number 11893898, with a registered address at BS9 3RJ, United Kingdom, Bristol, Avon, 128 Stoke Lane Westbury On Trym.

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