Bubblewrap Franchise Ltd

Bubblewrap Franchise Ltd, a small company based in London, UK, has been active since its founding five years ago in December 2019. With three employees and £41,287 in assets, it’s a solo founder operation managed by one director and owner, Fang Qizheng. The company regularly imports prepared or preserved plant-based foods, with three months of import activity recorded ending in May 2024.

Bubblewrap operates in a unique space, blending dessert innovation with licensed merchandise. Its website showcases a vibrant brand partnering with BT21, offering limited-edition waffles, t-shirts, and tote bags. The company’s origin story is compelling, starting as a project at Imperial College and quickly gaining viral success with queues forming in Chinatown. The menu features creative waffle combinations, from Oreo Crunch to Hazelnut Feast, and encourages customer customization.

Financially, Bubblewrap Franchise Ltd presents a mixed picture. While cash reserves decreased by 17% to £6,900, trade debtors increased by a substantial 37% to £34,000, suggesting a possible shift in payment terms or increased sales on credit. Creditors decreased significantly by 64%, a positive sign of improved debt management. Net assets remained relatively stable at £35,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increase in bank borrowings by 270% to £14,000 is something to keep an eye on. The lack of an auditor mentioned (likely exempt due to its size) means the figures are unaudited.

Overall, Bubblewrap Franchise Ltd seems to be navigating the challenges of a growing business. The strong brand and innovative product offering are positives, but the company will need to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 12367854, with a registered address at W1D 6QJ, England, London, 24 Wardour Street.

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