Cake Craft World Ltd
- Small
- Holding
- Active
- 46 years
- 24 employees
- £118,965 (assets)
- £587,154 (revenue)
- Real address
- 3 directors
- 3 owners
- Regular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Cake Craft World Ltd, based in Nottingham, UK, is a small, holding company with an active status. Established 46 years ago in 1978, the company employs 24 people and holds £118,965 in assets. With a real address and three directors and owners, it operates an e-commerce site and regularly imports and exports paper and paperboard products – 8 months of imports and 6 months of exports respectively.
The company’s website showcases a vast selection of cake decorating supplies, from boards and boxes to sugar paste and edible prints. It's clear that Cake Craft World caters to both amateur bakers and professional cake artists, offering a wide range of brands and products. The site also features a blog with baking guides and project ideas, demonstrating a commitment to customer engagement.
Financially, Cake Craft World Ltd has experienced some notable shifts. While turnover remained relatively stable at £590,000, net assets decreased significantly by 64% to -£1.6 million. Bank borrowings increased by a substantial 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors, however, decreased by 18%, suggesting improved debt management. The company’s small size – meeting two of three criteria for a small company – allows for agility, but the substantial equity drop raises questions. No auditor is mentioned, likely due to its small company status, so the figures are unaudited.
The sharp decline in equity could be attributed to various factors, such as increased operating costs or a slowdown in sales. It’s possible the company is investing heavily in its e-commerce platform or expanding its product range, which would explain the increased borrowings. However, the decrease in cash reserves suggests that managing cash flow is a key challenge. The company's continued operation, despite these financial pressures, demonstrates its resilience and commitment to the cake decorating market.
Registered in England/Wales under the registration number 01398705, with a registered address at NG4 2JX, United Kingdom, Nottingham, Private Road 8, Colwick Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Kitchener Peter James
- 1 year
- 6
- psc
-
Resident of United Kingdom
-
Individual
- Linney Graham
- 1 year
- 6
- psc
-
Resident of United Kingdom
-
Corporate
- Create Better Group Ltd
- 3 years
- 5
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Kitchener Peter James
- 1 year
- 5
-
Resident of United Kingdom
-
Individual
- Wheatcroft Kelly-marie
- 1 year
- 5
-
Resident of United Kingdom
-
Individual
- Linney Graham
- 3 years
- 7
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2024-12-31 with no updatesDownload 3 pages pdf report
-
Accounts for a small company made up to 2023-12-31Download 19 pages pdf report
-
Confirmation statement made on 2023-12-31 with updatesDownload 4 pages pdf report
Importer profile by HS codes
Last imported products
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Exporter profile by HS codes
Last exported products
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FAQ about Cake Craft World Ltd
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