Cndy Ltd

Cndy Ltd, based in Kingswood, UK, is a small, active company established seven years ago. With £1,363 in assets, a real address, one director, and one owner, it operates in the retail sale via mail order houses or via internet. The company meets two of the three criteria to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company's website, Candy UK, showcases a wide range of traditional British confectionery, from rock sweets to logo lollipops, catering to retailers, wholesalers, and distributors globally. They pride themselves on handmade products with authentic flavours and appearances, exporting to places like the USA and New Zealand. The site highlights a factory tour, Kosher certification, and even a history lesson on British seaside rock sticks, emphasizing heritage and craftsmanship.

Financially, Cndy Ltd's numbers paint a concerning picture. Current assets have plummeted by a staggering 90%, dropping to just £1,400, while net assets have decreased by 35% to -£45,000. Bank borrowings have fallen by 9.5% to £19,000, and cash reserves have dropped by 78% to a mere £850. Creditors remain relatively stable, but the significant drop in equity suggests the company is burning through cash. Trade debt has also decreased, which is a positive sign. As a small company, it's exempt from an audit, so the figures are unaudited.

The company's reliance on online sales and its niche in traditional British candy could be a strength, but the financial trends suggest it’s facing considerable challenges. Whether the company can turn things around remains to be seen, but it’s clear that Cndy Ltd is at a critical juncture.

Registered in England/Wales under the registration number 10963222, with a registered address at KT20 6LP, England, Kingswood, Surrey, Torfield Cottage, Forest Drive.

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