Mezze Dining 2 Ltd

Mezze Dining 2 Ltd, based in London UK, is a small, active company founded five years ago in 19, July 2019. It employs eighteen people and holds £52,557 in assets, operating from a virtual address shared by many other businesses. With one director and one owner, the company is an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of imports recorded. It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company operates in the licensed restaurants, event catering activities, and public houses and bars industries. Its website, Mezze Thornbury, showcases a relaxed dining experience with a focus on Mediterranean cuisine, offering a menu with a wide range of tapas dishes, a traditional Sunday lunch, and a patio garden with full table service. The bar features a selection of beers, lagers, ciders, and a variety of gins and cocktails. The website also highlights a 5-star hygiene rating, a testament to the kitchen team’s dedication.

Financially, Mezze Dining 2 Ltd shows a concerning trend. Current assets have plummeted by 55%, dropping to £53,000, while net assets have fallen dramatically by 94%, leaving just £8,600. Cash reserves have also decreased significantly by 64%, sitting at £11,000. Trade debtors have fallen by 53%, which could indicate better debt collection, but creditors have risen by 20%, which might be a result of increased operating costs. The number of employees has also decreased by 33%, from 18 to 12. With no auditor mentioned, the figures rely on unaudited statements.

While the restaurant appears to be well-regarded by customers, the financial data suggests the company is burning through money. The sharp decline in equity and the decrease in cash reserves raise questions about its long-term viability. The decrease in employees could be a cost-cutting measure, or perhaps a reflection of changing business needs.

Registered in England/Wales under the registration number 12113379, with a registered address at N1 7GU, England, London, 20-22 Wenlock 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.