Candle Makery Ltd

Candle Makery Ltd from Manchester UK is a small, active company founded five years ago. It employs two people and holds £266,662 in assets. The company operates from a real address and is led by two directors and two owners, running an e-commerce site. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website reveals a fascinating dual business model. While it sells candle-making supplies and offers contract pouring and private label services—catering to brands like Kindred Fires and Mischief Candles—it also operates as a candle manufacturer itself. The site highlights the ability to supply unique candle vessels, fragrance oils, and waxes, and even offers bespoke candle creation for businesses. It's clear they're targeting both suppliers and brands looking to outsource candle production. The site’s focus on quality, customer service, and even offering a “Candle Makery Points” loyalty program suggests a commitment to building a strong brand presence.

Financially, Candle Makery Ltd’s recent performance presents a mixed picture. While current assets remained steady at £270,000, net assets fell by 20% to £150,000. Bank borrowings decreased slightly, but cash reserves took a significant hit, dropping 48% to £63,000. Trade debtors increased substantially, suggesting potential issues with customer payments. The company’s small size and the lack of an auditor (likely exempt due to its size) mean the figures are unaudited. The increase in accumulated depreciation for property, plant, and equipment, specifically in the land and building categories, suggests investment in the business, but also a potential decrease in asset value over time. It's possible the company is reinvesting profits into growth, but the drop in cash reserves warrants closer monitoring.

Registered in England/Wales under the registration number 12313657, with a registered address at M17 1SB, England, Manchester, 20 Guinness Road, Trafford Park.

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