Contract Candles & Diffusers Ltd

Contract Candles & Diffusers Ltd, based in Gateshead, UK, is a sizable company holding company with an active status. Established 21 years ago in 2004, it employs 416 people and boasts assets of £12,282,230. The company operates from a real address and is overseen by seven directors and one owner. It’s a regular importer of glass and glassware, having imported for 100 months, with the last import occurring in January 2025. Exports, however, are infrequent, with just two months of activity recorded for soaps, cleaning products, and waxes, the last in October 2022.

The company’s website reveals a focus on bespoke candle and diffuser manufacturing for the luxury home fragrance sector. Contract Candles & Diffusers Ltd positions itself as an award-winning, family-owned business, specializing in hand-poured and packed products made in Surrey and West Sussex. They work with leading brands, offering services from candle testing to contract packing, and even own-label options. The company’s factories are located in the beautiful South Downs National Park, emphasizing a British-made quality.

Financially, the picture is mixed. While turnover remains substantial, the company has experienced a significant downturn. Net assets have plummeted by 570%, resulting in a loss of £1.1 million. Bank borrowings have surged by 350%, reaching £2.4 million, and cash reserves have fallen by 33%, sitting at £54,000. Creditors, however, have decreased by 45%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with turnover exceeding £36 million, balance sheet total over £18 million, and 416 employees. The lack of an auditor mentioned suggests the company is exempt from an audit.

Overall, Contract Candles & Diffusers Ltd appears to be facing challenges despite its established market position and sizable workforce. The significant losses and increased borrowing suggest a period of financial strain, although the decrease in creditors indicates some degree of operational efficiency. It’s likely that the company is adapting to changing market conditions or perhaps experiencing increased costs, but the long-term impact remains to be seen.

Registered in England/Wales under the registration number 05075959, with a registered address at NE9 5BF, United Kingdom, Gateshead, Tyne And Wear, 1 Mcmillan Close Saltwell Business Park, Low Fell.

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