Trio Mezze And Tapas Bar Ltd

Trio Mezze And Tapas Bar Ltd, based in York, UK, is a small, active company founded five years ago. It employs 67 people and holds £24,812 in assets. The business, with a Google rating of 4.0 from 490 reviews, is a regular importer of furniture, lighting, and prefabricated buildings, with recent activity recorded four months ago. It operates from a real address and is managed by one director and two owners.

The company's website highlights its focus on modern Turkish cuisine, offering a menu of hand-crafted dishes, cocktails, and more. It positions itself as a destination for both romantic dinners and special occasions, emphasizing fresh, locally sourced ingredients and a captivating atmosphere within York’s historic streets. The site encourages online bookings and gift voucher purchases, suggesting an e-commerce element alongside its in-person dining experience. It also mentions a family-run business with a passion for excellent food.

Financially, Trio Mezze And Tapas Bar Ltd presents a mixed picture. Cash bank on hand has fallen by a significant 61%, dropping to £22,000, while current assets have also declined by 59%, reaching £25,000. Bank borrowings remain steady at £130,000, and creditors have increased substantially by 44%, now standing at £220,000. Equity has plummeted by 440%, resulting in a net asset position of -£130,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the substantial equity decline raises concerns about its financial health. No auditor is mentioned, which is common for small companies.

The business appears to be struggling to maintain its cash reserves and equity, despite a positive customer rating and a focus on online bookings. Whether the company can overcome these financial pressures and sustain its growth remains to be seen.

Registered in England/Wales under the registration number 12419366, with a registered address at YO19 5LL, England, York, North Yorkshire, C/O Mollan & Co Ltd Stamford Bridge Road, Dunnington.

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