Devon Wick Candle Co. Limited

Devon Wick Candle Co. Limited, based in Plymouth, UK, is a small holding company with an active status, established five years ago. The company employs 17 people and holds £223,620 in assets. It operates an e-commerce site and boasts a stellar 5.0 Google rating based on 122 reviews. Two directors and one owner manage the business, which is registered at a real address.

The company's website showcases a diverse range of candle products, including soy wax melts, reed diffusers, room sprays, and wax melters. It offers bundle deals and a monthly subscription service, emphasizing hand-poured, renewable packaging and UK-made quality. The site’s repeated calls to action – "Free Shipping Over 30" – and the prominent "Snap Bars" promotion suggest a focus on affordable, accessible fragrance options. The website also highlights customer testimonials, reinforcing the company's reputation for quality and service.

Financially, Devon Wick Candle Co. Limited’s recent performance presents a mixed picture. Current assets have fallen by 40%, dropping to £220,000, while net assets have also decreased significantly by 44%, now standing at £120,000. Bank borrowings have decreased by 21%, and cash reserves have increased by 39%, reaching £120,000. Creditors have also decreased by 33%. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The decrease in net assets, however, could indicate challenges in profitability, though it’s likely that the company is reinvesting in its business. As a small company, it’s exempt from an audit, so the figures are unaudited. Overall, Devon Wick Candle Co. Limited appears to be navigating a period of change, but its strong online presence and positive customer reviews suggest a resilient business model.

Registered in England/Wales under the registration number 12221375, with a registered address at PL4 0ST, England, Plymouth, Devon, 44-45 Faraday Mill.

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