Alwan Sweets & Nuts Limited

Alwan Sweets & Nuts Limited, based in London, UK, is a small, active company established seven years ago. Employing five people, the business holds £110,106 in assets and operates from a real address at 425 Kingsbury Road. With a perfect 5.0 Google rating from 115 reviews, it’s a popular spot. The company is owned and directed by Alwan Rida, and has been that way for seven years.

The business primarily operates in the retail sector, specializing in the sale of sweets and nuts—a fitting description given its name. It also imports miscellaneous manufactured goods, though irregularly, with the last import operation recorded over a year ago in November 2022. The company’s website, while present, appears largely inactive, offering little insight into its current operations beyond a basic listing. It’s unclear if the website is actively used for e-commerce or serves primarily as an informational page.

Financially, Alwan Sweets & Nuts Limited shows a mixed picture. While cash reserves increased by 35% to £68,000, net assets decreased by 85% to just £1,800. Bank borrowings were reduced by 33%, which is a positive sign. Creditors decreased by 8.8%, suggesting better debt management, but the significant drop in equity is concerning. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company paid out £20,000 in dividends, which is a large sum compared to its current equity. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Alwan Sweets & Nuts Limited appears to be navigating a period of financial adjustment. While its Google rating suggests strong customer satisfaction, the declining equity raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 11277213, with a registered address at NW9 9DT, United Kingdom, London, 425 Kingsbury Road.

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