Bakers Buddy Limited

Bakers Buddy Limited is a small, active company based in Solihull, UK, founded two years ago in July 2022. It employs just two people and operates from a virtual address, registered with eighty-six other companies – a bit unusual, really. The company is led by two directors and has one reported owner, Monteath Thomas David James. It runs an e-commerce site and is involved in the wholesale of household goods, retail via mail order, and other retail sales.

The company's website, bakersbuddy.co.uk, showcases a range of baking supplies, including cake decorating tools, moulds, sprinkles, and ingredients. It caters to both professional bakers and home enthusiasts, offering a wide selection of products and helpful baking tips. While the site looks professional, it's hard to tell how much traffic it gets.

Financially, Bakers Buddy Limited shows a mixed picture. Accumulated amortisation impairment intangible assets increased by 100% to £1900, while average employees remained steady at two. Creditors rose by 12% to £25,000, and equity dropped significantly, with retained earnings and accumulated losses falling 51% to -£11,000. Net current assets and liabilities worsened by 18% to -£18,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the equity decline is concerning. The accounts are unaudited and exempt, so there’s no external verification of these figures.

Despite the financial pressures, Bakers Buddy Limited seems to be holding its own in a competitive market. The company’s focus on baking supplies and its online presence suggest a dedication to serving the baking community. Whether it can overcome the financial challenges and sustain its growth remains to be seen, but for now, it’s a small business with a sweet ambition.

Registered in England/Wales under the registration number 14246189, with a registered address at B90 3AD, England, Solihull, West Midlands, Carleton House, 266-268 Stratford Road, Shirley.

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