Cotswold Candlemakers Ltd

Cotswold Candlemakers Ltd, based in London, UK, is a small, active company established 11 years ago. With just two employees and £75,107 in assets, it operates from a virtual address, a detail flagged by the registration of 895 other companies at the same location. The business is led by a solo founder and director, Cooper Robert Nigel, and maintains a stellar 5.0 Google rating based on 68 reviews. The company irregularly imports miscellaneous metal items, with the last import occurring over two years ago in July 2022.

The company's website, Cotswold Candle Co., showcases a range of hand-crafted candles and diffusers, available in 27 fragrances. It's clearly an e-commerce operation, with a focus on visually appealing product photography and customer testimonials. The site emphasizes "lovingly handmade" quality and offers a variety of products including cotton wick candles, wood wick candles, diffusers, and room sprays. The website also has a blog and FAQ section, indicating a desire to engage with customers and provide support.

Financially, Cotswold Candlemakers Ltd presents a mixed picture. Current assets decreased by 11% to £75,000, while net assets plummeted 100% to -£240. Bank borrowings decreased by 47%, and cash reserves increased by a substantial 590% to £6,900. Trade debtors decreased by 66%, suggesting improved collection of payments. Despite meeting two of three criteria to be classified as a small company, the significant drop in equity raises concerns. The company is exempt from an audit, and the figures are unaudited.

The business appears to be burning through cash, despite its positive online reputation. Whether this is a temporary setback or a longer-term challenge remains to be seen, but the company's focus on quality and customer service may help it weather the storm.

Registered in England/Wales under the registration number 08728273, with a registered address at EC2A 4NE, England, London, 3rd Floor 86 - 90 Paul Street.

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