Toast Ale Ltd

Toast Ale Ltd, a small company based in London, UK, has been brewing up a unique story for the past nine years. Founded in 2015, this active business employs five people and boasts £1,741,815 in assets. With a real address, seven directors, and one owner, it operates an e-commerce site and enjoys a stellar 5.0 Google rating from 386 reviews. The company is categorized as small, meeting two of three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Toast Ale specializes in the wholesale and retail of beverages, including online sales. Its website highlights a focus on sustainable brewing, using surplus bread to create delicious beer – a clever way to reduce food waste. The company’s mission is to “brew beer that tackles food waste,” and its branding emphasizes environmental responsibility.

Financially, Toast Ale Ltd presents a mixed picture. Current assets have declined by 21%, falling to £1,700,000, while net assets have plummeted 35%, reaching £1,400,000. Bank borrowings have decreased by 28%, settling at £26,000, and cash reserves have also fallen by 23%, standing at £1,400,000. However, trade debtors have increased significantly by 140%, reaching £230,000, which could indicate expanding sales or delayed payments. Creditors have also risen by 39%, reaching £160,000. The company's small size allows for agility, but the decline in equity suggests it may be burning through cash. The accounts are unaudited, a common exemption for small companies.

Despite these financial pressures, Toast Ale's strong Google rating and commitment to sustainability suggest a loyal customer base. The company’s focus on a niche market—eco-conscious beer drinkers—could help it weather any economic headwinds.

Registered in England/Wales under the registration number 09926808, with a registered address at NW1 3DX, England, London, C/O Impact Hub London Euston, 1 Triton Square.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.