Tastier Ltd

Tastier Ltd is a small, active company based in London, UK, founded seven years ago in May 2017. With eleven employees and £366,410 in assets, it operates as a solo-founded venture managed by one director and owner. The company is registered at a real address and functions as an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with a recent import recorded in January 2022. Tastier Ltd operates within the licensed restaurants industry.

The company’s website, Tasty Eats, is a delivery platform for local takeaways and restaurants in Blackpool. It functions as an online marketplace, allowing customers to order food from various establishments and have it delivered directly to their doorstep. The site promotes itself as a convenient way to discover local flavors, offering features like effortless account setup, secure payments, and live order tracking. It also encourages local restaurants to partner with Tasty Eats to expand their reach and maximize earnings. The site also actively recruits drivers for flexible earning opportunities.

Financially, Tastier Ltd shows a mixed picture. Current assets decreased by 19% to £370,000, while net assets increased by 23% to £280,000. Bank borrowings decreased by 34% to £19,000, and cash reserves dropped by 20% to £350,000. Creditors experienced a significant decrease of 59%, suggesting improved debt management. The company’s size—meeting two of three criteria for a small company—allows for agility, but the fluctuating cash reserves warrant attention. The company’s reliance on retained earnings is clear. As a small company, it is exempt from an audit, so the figures are unaudited.

While the delivery platform shows promise and actively seeks partners, the financial data suggests a company navigating challenges. The decrease in cash reserves, despite increased net assets, could indicate increased spending or slower revenue growth. The company’s success hinges on its ability to attract and retain both customers and restaurant partners, and to manage its finances effectively.

Registered in England/Wales under the registration number 10786554, with a registered address at N20 9HH, England, London, 1274 High Road.

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