Candy Hero Ltd

Candy Hero Ltd from Bradford UK: small company, active status, founded 16 years ago, 16 employees, £2,248,332 assets, real address, 4 directors, 2 owners, family business. Regular importer of cereal and milk-based food products (387 months imported). Regular exporter of cereal and milk-based food products (231 months exported). It’s a small, family-run business with a solid trading status, established sixteen years ago. Employing sixteen people, the company holds a substantial £2,248,332 in assets, operating from a real address in Bradford. With four directors and two owners, it’s a tight-knit operation. The company regularly imports and exports cereal and milk-based food products, with a long history of activity—387 months importing and 231 months exporting.

Candy Hero Ltd operates in the wholesale of sugar and chocolate and sugar confectionery, according to its registration. While no website is available to examine, this suggests a B2B focus, supplying retailers or other businesses rather than selling directly to consumers. It’s likely they source products from various suppliers and distribute them to a network of customers. 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 stay agile, but it also means it might face challenges in scaling up.

Financially, Candy Hero Ltd shows some concerning trends. While net assets increased by 14% to £1,400,000, current assets have fallen by 13% to £2,200,000. Bank borrowings have significantly decreased by 49% to £600,000, which is a positive sign, but cash reserves have also fallen by 5% to £490,000. Creditors have decreased by 46% to £850,000, suggesting better debt management. The company’s trade debtors have also seen a substantial decrease, falling by 49% to £330,000, which could be a result of improved collection practices or a shift in customer payment terms. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company’s significant decrease in average employees during the period, from 16 to 14, could be a result of restructuring or natural attrition. It's possible the company is trying to streamline operations to improve efficiency. The company’s financial data suggests a period of transition, with both positive and negative trends. While the decrease in bank borrowings and creditors is encouraging, the decline in current assets and cash reserves warrants closer attention.

Registered in England/Wales under the registration number 06776369, with a registered address at BD3 7AF, England, Bradford, 6 Thornbury Industrial Park, Gain Lane.

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