Chocolarder Ltd

Chocolarder Ltd, based in Falmouth, UK, is a small, active company established a decade ago. Employing ten people and holding £176,329 in assets, it operates from a real address and is managed by a single director and owner. The business regularly imports machinery, boilers, and mechanical appliances – parts, with four months of import activity recorded, the last in July 2024. It also exports cocoa and cocoa products, albeit irregularly, with two months of export activity ending in October 2022.

The company’s website, while not detailed, suggests a focus on chocolate production and related services. It’s unclear whether Chocolarder Ltd operates a retail outlet or primarily supplies ingredients or finished products to other businesses. The company operates in the other business support service activities n.e.c. industries.

Financially, Chocolarder Ltd presents a mixed picture. Accumulated depreciation has increased by 41%, indicating investment in plant and machinery. However, the number of employees has decreased slightly, from ten to nine. Bank borrowings have risen by 29%, and cash reserves have plummeted by 97%, leaving just £900 remaining. Creditors have increased by 63%, and total assets less current liabilities have increased by 6.6%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp drop in cash reserves warrants attention. The company’s unaudited financial statements are prepared in accordance with Financial Reporting Standard 102.

The increase in depreciation suggests ongoing investment in equipment, which is positive for long-term productivity. However, the significant decrease in cash and the rise in borrowings could indicate tighter financial management is needed. It’s possible the company is experiencing a period of expansion or facing increased costs, but the lack of detail makes it difficult to determine the underlying causes. Longman Michael John is both the director and owner of the company.

Registered in England/Wales under the registration number 09179498, with a registered address at TR11 4SN, England, Falmouth, Cornwall, Unit 1 Tregoniggie Industrial Estate.

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