Taste Merchants Ltd

Taste Merchants Ltd, based in Newtown, UK, is a small holding company with an active status. Founded ten years ago in 2015, it employs eleven people and holds assets valued at £2,042,998. The company has a real address and is managed by six directors and one owner, boasting a perfect 5.0 Google rating from two reviews. It’s a regular importer of cereal and milk-based food products, with import activity spanning four months, the last operation taking place in August 2024.

The company operates as a wholesale fine food supplier, working with hundreds of trade clients across the UK. Its website showcases a wide range of over 2000 quality products, offering regular promotions and dedicated customer service. It’s a family-run business, focusing on quality products, personal customer service, and great value. The website lists a comprehensive catalogue, searchable by brand and product type, and even includes a blog.

Financially, Taste Merchants Ltd exhibits some interesting trends. Cash reserves increased by a substantial 26% to £1,700,000, while current assets also rose by 21% to £2,000,000. However, creditors surged by 57% to £400,000, and net assets declined by 63% to £120,000. Trade debtors decreased by 9.4% to £150,000, suggesting improved collection efforts. The company's small size—meeting two of three criteria for a small company—helps it remain flexible. There's no auditor mentioned, which is likely due to the company’s exemption as a small entity.

The company’s financial performance suggests a period of growth, but also increased reliance on credit. It’s possible that the company is investing in inventory or expanding its operations, which could explain the rise in creditors. The decrease in net assets, however, warrants closer attention.

Registered in Wales under the registration number 09441263, with a registered address at SY16 4LE, United Kingdom, Newtown, Powys, 41 Mochdre Enterprise Park.

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