Classic Desserts Limited

Classic Desserts Ltd, based in Penrith, UK, is a small, holding company with an active status. Established 27 years ago in 1998, the business employs 71 people and holds assets worth £2,141,739. With a real address and three directors, it’s a well-established operation. Google reviews are excellent, boasting a 5.0 rating from five reviews. The company is an irregular importer, primarily dealing in plastics and plastic products, with recent imports recorded two months ago.

The company’s website, Classic Desserts, showcases a dedication to high-quality, bespoke cakes and desserts inspired by the English Lake District. The site emphasizes "innovative, truly differentiated products" and encourages customers to "be inspired" by their creations. It offers a range of options, from handmade premium cakes to traditional hot puddings, catering to both individual and corporate needs. The website also hints at a bespoke service, suggesting the company is willing to develop products specifically for clients.

Financially, Classic Desserts Ltd presents a mixed picture. Current assets have decreased by 19% to £2,100,000, while net assets have fallen significantly by 57% to £240,000. Bank borrowings have increased by 20% to £400,000, and cash reserves have fallen by 11% to £190,000. Trade debtors have plummeted by 36%, which could indicate improved collection efforts or a shift in payment terms. The company meets the criteria for a small business, with a turnover under £10.2 million and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit.

Overall, Classic Desserts Ltd appears to be facing some financial headwinds, despite its strong reputation and positive customer reviews. The decrease in assets and equity suggests the company is burning through cash, but the increase in bank borrowings could indicate investment in growth. It's a small business, and the management team will need to navigate these challenges carefully to ensure long-term sustainability.

Registered in England/Wales under the registration number 03526173, with a registered address at CA11 0JG, Penrith, Cumbria, Blencathra House North Lakes Business Park, Flusco.

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