Bagel Palace Ltd

Bagel Palace Ltd is a small, active company based in Brighton, UK, established seven years ago in 2017. It operates from a virtual address, sharing space with nineteen other companies, and is managed by a single director and owner, Bahcetepe Onur. The company’s core business involves manufacturing bread, fresh pastries, and cakes, and it has two retail locations: one in Cardiff and another in Bristol, both offering in-house baked bagels and delivery via Uber Eats and Deliveroo. It also caters for wholesale and events, and has a vacancies page for talented people.

While the company's website showcases its retail operations, it also hints at a wholesale and event catering arm, managed through a separate email address. The company also imports furniture, lighting, and prefabricated buildings, though irregularly, with only two months of import activity recorded as of May 2021.

Financially, Bagel Palace Ltd presents a mixed picture. Cash bank on hand has fallen by 52%, and net assets liabilities remain at -£93,000. Bank borrowings decreased by 19%, and creditors also decreased by 19%. Property, plant, and equipment remained constant. 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 remain agile, but the continued negative equity raises concerns. The accounts are unaudited, being "filleted accounts" and exempt from audit as a small company.

Despite the financial challenges, Bagel Palace Ltd appears to be maintaining a presence in the local market, with two retail locations and a focus on fresh, in-house baked goods. The company’s continued operation, despite the negative equity, suggests a focus on cost management and a loyal customer base.

Registered in England/Wales under the registration number 11002314, with a registered address at BN1 2LB, England, Brighton, 90 Western Road.

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.