Taste Of Sicily Limited

Taste Of Sicily Ltd from Watford UK is a small, holding company with an active status, having been founded 25 years ago in 1999. The company employs 16 people and holds assets totaling £4,809,333. With three directors and one owner, it operates from a real address and regularly imports dairy, eggs, honey, and edible animal products – a total of 279 months of import activity, the most recent in February 2025. It occasionally exports cereal and milk-based food products, with just one month of export activity recorded in January 2021.

The company’s website is currently unavailable, making it difficult to determine the full extent of its operations beyond the import/export activities. It appears to be a non-specialised wholesale of food, beverages and tobacco industries.

Financially, Taste Of Sicily Ltd presents a mixed picture. While cash reserves increased by a substantial 18% to £3.3 million, net assets declined by 100% to zero. Creditors decreased by 26% to £810,000, suggesting improved debt management. However, trade debtors increased by 890%, which could indicate difficulties in collecting payments. The company’s small size (meeting two of three conditions for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for agility, but the significant equity decline warrants further investigation. As a small company, it’s likely exempt from an audit, and the financial statements are unaudited.

The company's increased bank borrowings and decreased cash reserves suggest it may be burning through money, but the increased cash reserves also show that it has been able to secure additional funding.

Registered in England/Wales under the registration number 03819105, with a registered address at WD18 9SB, Watford, Hertfordshire, 39 The Metro Centre, Dwight Road.

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