Garbanzo Snacks Ltd

Garbanzo Snacks Ltd, based in Barnet, UK, is a small, active company founded thirteen years ago in 2012. With two employees and £821,205 in assets, it operates from a real address and is managed by two directors and one owner. The company regularly imports plastics and plastic products (12 months) and exports prepared or preserved plant-based foods (75 months), with the latest activity recorded in November 2024.

The company’s website, Garbanzo, highlights its focus on plant-based quality and innovation. It's not a traditional e-commerce site, but rather a platform showcasing its services to brands. Garbanzo acts as a partner for brands looking to create plant-based products, offering services like contract packing, bespoke seasoning development, and even own-label co-packing for retail. It also supplies snacking ingredients under the "Garbanzo Catering" brand and offers industrial sourcing and bulk options. The site emphasizes its expertise in roasting pulses, a venture it pioneered in the UK, and boasts a range of products from nuts and seeds to dried fruits and plant-based protein powders. It’s clear that Garbanzo isn’t selling directly to consumers, but rather providing B2B services to other food businesses.

Financially, Garbanzo Snacks Ltd shows a mixed picture. While cash reserves decreased by 17% to £380,000, current assets increased by a modest 3.9% to £820,000. Trade debtors have risen significantly by 53%, suggesting a possible increase in credit sales or delayed payments. Equity has taken a considerable hit, decreasing by 52% to £150,000, and bank borrowings have increased by 69%, reaching £35,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the decline in equity warrants attention. No auditor is mentioned, likely due to its status as a small company, so the figures are unaudited.

Overall, Garbanzo Snacks Ltd appears to be a growing business, but it’s facing some financial pressures. The company’s focus on B2B services and its expertise in plant-based ingredients position it well for the future, but it will need to manage its debt and maintain its equity to sustain its growth.

Registered in England/Wales under the registration number 08032443, with a registered address at EN4 9HH, England, Barnet, Hertfordshire, 72 Mount Pleasant, Cockfosters.

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