Cheerful Links Ltd

Cheerful Links Ltd from Stoke-On-Trent UK: a large company with an active status, founded nine years ago, employs forty people, and holds £5,545,389 in assets. It has a real address, four directors, and one owner. The company is an irregular importer of printed materials like books, newspapers, and pictures, with just one month of imports recorded.

Cheerful Links Ltd operates as an online grocery shopping delivery service, aiming to provide authentic Asian flavours. Its website showcases a wide range of products, from noodles to snacks and beverages, catering to diverse tastes. The company has branches in Stoke-on-Trent, Manchester, London, and Norwich, offering both in-store and delivery services to restaurants. The website also features promotional events and recipes, enhancing the customer experience.

Financially, Cheerful Links Ltd’s performance shows mixed trends. Current assets increased by 44%, reaching £5.5 million, while net assets grew by 11%, reaching £2.7 million. Bank borrowings decreased by 18%, falling to £530,000, and cash reserves increased by 36%, reaching £990,000. However, administrative expenses rose by 15%, reaching £2.3 million, and net losses decreased by 63%, landing at £320,000. The company meets the criteria for a large company, having met two of three conditions: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The company’s auditor is DSG Chartered Accountants. It's likely the company’s increased expenses are related to the growth in assets and turnover. The decrease in net losses suggests improved profitability, but the company’s reliance on bank borrowings remains a factor to monitor.

Registered in England/Wales under the registration number 09680481, with a registered address at ST4 2HS, England, Stoke-On-Trent, Unit 1 Victoria Road, Fenton.

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