Baking Time Club Limited

Baking Time Club Limited is a small, active company based in Carlisle, UK, founded eight years ago in 2016. Employing nine people, it holds £154,349 in assets and operates an e-commerce site specializing in vegan and gluten-free cake sprinkles and baking supplies. The company has a real address and is managed by one director, although no owners are officially listed.

The company’s website, Baking Time Club, is a vibrant online store showcasing a wide range of sprinkles, cake decorations, and party supplies. It offers a diverse selection of products, from classic nonpareils to themed collections like "Coronation 2023" and "Peter Rabbit." The site emphasizes its commitment to vegan and gluten-free ingredients, catering to a growing market of health-conscious consumers. It also features a blog with recipes and decorating tips, reinforcing its position as a resource for baking enthusiasts.

Financially, Baking Time Club Limited presents a mixed picture. Current assets have decreased by 6.4% to £150,000, while net assets have significantly declined by 110% to -£28,000. Bank borrowings have surged by a staggering 700% to £35,000, and cash reserves have fallen considerably. Creditors have also decreased by 76%, suggesting some improvement in managing short-term liabilities. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The sharp decline in equity is a concerning trend, indicating potential cash flow pressures. However, the company's strong online presence and niche product offering suggest it has the potential to recover. The surge in bank borrowings may be a short-term strategy to fund growth or manage working capital, but it also increases financial risk. It’s a little unclear how the company will manage this in the long term.

Registered in England/Wales under the registration number 10366894, with a registered address at CA6 4BU, England, Carlisle, Suite 1020, Unit D3 Mod Village Baron Way, Kingmoor Business Park.

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