Candlemakers Limited

Candlemakers Limited is a small, active company based in London, UK, established nineteen years ago in 2005. With three employees and £166,096 in assets, it operates from a real address on Mare Street. The business is led by two directors and a solo founder, Sphikas Andrew, and regularly imports soaps, cleaning products, and waxes – the last import was in February 2025. The company’s website, candlemakersuk.co.uk, showcases a family-run business specializing in church and scented candles, alongside bespoke film candles and Easter products. It even has a showroom in Harrods.

The business caters to both wholesale and retail customers, with a strong emphasis on handcrafted quality and sustainable materials. Its website highlights a range of products, including beeswax candles, votives, and luxury scented candles, alongside a blog featuring articles on the benefits of burning candles and prayers for comfort. The company also offers customisation options and a mailing list for exclusive offers.

Financially, Candlemakers Limited presents a mixed picture. Current assets have decreased by 13% to £170,000, while net assets have fallen by 6% to £34,000. Bank borrowings remain steady at £40,000, but cash reserves have increased dramatically by 530% to £40,000. Trade debtors have seen a significant drop of 63%, suggesting improved collection efficiency. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain flexibility. The accounts are unaudited, a common practice for small companies.

Despite the decline in net assets, the substantial increase in cash reserves suggests the company is managing its finances effectively. The strong focus on niche markets—church candles and film candles—and the emphasis on quality and customer service position Candlemakers Limited for continued success, although a close watch on profitability will be necessary.

Registered in England/Wales under the registration number 05508323, with a registered address at E8 3RD, London, 184a Mare Street.

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