Tasty Naan Ltd

Tasty Naan Ltd, based in Brierley Hill, UK, is a small, active company founded nine years ago in December 2015. Employing 26 people, the business holds £336,882 in assets and operates from a real address in West Midlands. With two directors and two owners, Tasty Naan Ltd is a regular importer of machinery, boilers, and mechanical appliances; parts, with recent activity recorded just two months ago.

The company primarily operates in the manufacture of bread, fresh pastry goods, and cakes. It’s a small business, meeting two of the three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. Its website, while not fully detailed, suggests a focus on wholesale bakery services.

Financially, Tasty Naan Ltd presents a mixed picture. Cash bank on hand has decreased significantly by 52%, falling to £72,000. Bank borrowings have also decreased by 41%, now sitting at £15,000. However, creditors have been reduced by 50%, which is a positive sign. Debtor levels have risen dramatically, increasing by 78%, which could indicate increased sales but also potential issues with collections. The company’s equity has grown by 16%, reaching £530,000, a good indicator of overall financial health. The increase from depreciation charges for the year is consistent at £70,000.

The company's net assets have increased by 15%, reaching £560,000. Although the company is small, it is still burning through cash. It's likely that the company is reinvesting in its business, perhaps expanding production or marketing efforts. No auditor is mentioned, which is expected for a small company exempt from an audit.

Registered in England/Wales under the registration number 09913058, with a registered address at DY5 1QA, England, Brierley Hill, West Midlands, Unit E2 & E3, Fens Pool Avenue.

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