Fudge Kitchen Ltd

Fudge Kitchen Ltd from Folkestone, UK, is a small holding company with an active status, celebrating fifteen years since its founding in 2010. Employing twenty people, the company holds £703,922 in assets and operates from a real address in Lyminge, Kent. With two directors and one owner, Fudge Kitchen Ltd runs an e-commerce site and regularly imports paper and paperboard products (four months of imports, last in October 2023) and exports cocoa and cocoa products (ten months of exports, last in August 2024).

The company specializes in the manufacture of sugar confectionery, offering a wide range of handmade gourmet fudge delivered directly to customers. Its website highlights a “theatre of handmade fudge,” encouraging visitors to build their own perfect fudge boxes. Fudge Kitchen also caters to corporate gifting, offering gift vouchers and wholesale opportunities, and even provides services for weddings. They also have a presence at shows across the country. The website also boasts a 5-star Google rating.

Financially, Fudge Kitchen Ltd shows some concerning trends. Creditors increased significantly by 89%, reaching £230,000, while cash reserves fell by 2.0% to £110,000. Bank borrowings increased by 2,400%, reaching £200,000. On a brighter note, trade debtors decreased by 11%, suggesting improved collection of payments. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, indicating an exemption for small companies. The company's net assets, however, have remained consistent at £590,000.

Overall, Fudge Kitchen Ltd appears to be navigating a period of financial pressure, despite its strong online presence and focus on premium confectionery. It’s unclear if the company is struggling to manage its debts or if the increased borrowing is linked to expansion plans.

Registered in England/Wales under the registration number 07157945, with a registered address at CT18 8DL, Folkestone, Kent, Hemsted House Woodland Road, Lyminge.

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