Zahter Ltd

Zahter Ltd, based in London, UK, is a small, active company founded seven years ago in 2017. With two employees and £205,008 in assets, it operates from a real address shared by five other companies. The business is led by one director and owner, boasting a solid 4.0 Google rating from 885 reviews. Zahter Ltd is a regular importer of machinery, boilers, and mechanical appliances parts, with nine months of import activity recorded, the last in October 2021.

The company’s website, zahter.co.uk, reveals a different face: a Turkish restaurant and event catering business. Located in central London, the restaurant, Supper 360, offers a menu of modern Turkish cuisine and hosts private dining events. The website emphasizes a stylish atmosphere, a commitment to fresh ingredients, and a convenient online reservation system. It's clear the company is focused on providing a high-end dining experience.

Financially, Zahter Ltd shows a mixed picture. While cash reserves increased by 18% to £2,700, net assets declined by 11% to £54,000. Bank borrowings decreased by 10% to £16,000, suggesting better debt management. However, accrued liabilities dropped dramatically by 100%, which is unusual. Trade creditors increased by 6% to £160,000, and trade debtors increased by 9% to £200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decline in equity is something to keep an eye on. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Zahter Ltd appears to be holding its own, but the fluctuating financials and lack of detail in the accounts make it difficult to assess its long-term health. The restaurant business seems to be thriving, but the company will need to carefully manage its debts and maintain its customer base to ensure its continued success.

Registered in England/Wales under the registration number 10945092, with a registered address at N17 9QU, England, London, C/O Grand Consultancy,60 Mill Mead Business Centre, Mill Mead Road.

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