Good Bread Brothers Ltd.

Good Bread Brothers Ltd, a small company based in London, UK, is currently facing liquidation. Founded seven years ago in July 2017, the company has 11 employees and holds £44,395 in assets. Despite a real address and two directors and owners, it's overdue on both accounts and confirmation statements, a worrying sign. The company is an irregular importer, primarily dealing in electrical machinery and equipment, with recent activity recorded just two months ago.

The company's website paints a picture of a traditional bakery, "The Breadski Brothers MMM Family Bakery," specializing in sourdough, daily bread, rolls, and pastries. They operate from Castlebar, County Mayo, and have been baking continuously since 2006. They also offer services for hospitality and even have a dedicated "Breaducation" section addressing topics like the health benefits of sourdough for diabetics. The website also includes contact information for general inquiries, orders, accounts, and media.

Financially, Good Bread Brothers Ltd is showing concerning trends. Accumulated depreciation on plant and machinery has increased significantly by 37%, and bank borrowings have decreased by 11%. Cash bank on hand has plummeted by a staggering 93%, leaving just £670. While creditors have also decreased by 11%, the sharp decline in cash reserves and the ongoing liquidation status suggest the company is burning through money. The increase in debtors by 330% also points to potential issues with collecting payments. Despite meeting the criteria for a small company, the negative equity and declining cash position are red flags. No auditor is mentioned, consistent with the small company exemption.

Registered in England/Wales under the registration number 10845766, with a registered address at W5 5JD, England, London, 43 Lammas Park 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.