Reeve The Baker Limited

Reeve The Baker Ltd from Salisbury UK is a small, holding company with an active status, having been founded 38 years ago in 1987. The company employs 171 people and holds assets totaling £1,369,829. It operates from a real address on Kingsway Industrial Estate, Wilton, and is overseen by two directors and one owner. A Google rating of 4.0 based on 51 reviews suggests a positive customer perception. Reeve The Baker Ltd is an irregular importer of plastics and plastic products, with its last import operation recorded one month ago.

The company’s website paints a picture of a traditional baker with a modern twist. Reeve The Baker operates multiple bakeries across the South West of England, emphasizing a “passion for craft baking” and a “tradition of exceptional taste.” The website highlights a long heritage, dating back to 2020, with a focus on locally sourced ingredients and family ownership. Customers can find locations and view products online, although there's no direct e-commerce functionality—orders are presumably placed in person or through other channels. The site also features a blog with recipes and community updates.

Financially, Reeve The Baker Ltd shows some concerning trends. Current assets have plummeted by 49%, dropping to £1.4 million, while net assets have also seen a significant decrease, falling 48% to £1.3 million. Bank borrowings have increased, and cash reserves have declined by 30%, suggesting a tightening of liquidity. Creditors have also increased slightly. The company’s small size—meeting two of three criteria for being a small company—helps with agility, but the drop in equity is a red flag. No auditor is mentioned, meaning the financial statements are unaudited.

Overall, Reeve The Baker Ltd appears to be facing financial headwinds, despite a strong brand reputation and positive customer reviews. The company’s reliance on traditional brick-and-mortar bakeries and its lack of online sales could be contributing to these challenges, but it's also possible that external factors, such as rising ingredient costs or increased competition, are at play.

Registered in England/Wales under the registration number 02088228, with a registered address at SP2 0AW, Salisbury, Wiltshire, Kingsway Industrial Estate, Wilton.

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