Grasmere Gingerbread Limited

Grasmere Gingerbread Ltd from Grasmere UK is a small, holding company with an active status. Founded 23 years ago in 2001, the company employs 23 people and holds £835,008 in assets. It has a real address, is managed by three directors, and has one owner. The business operates an e-commerce site, selling its famous gingerbread and other related products.

The company’s website showcases Grasmere Gingerbread as a world-renowned treat, tracing its origins back to 1854 when Victorian cook Sarah Nelson invented it. Today, it’s run by third-generation owners Joanne and Andrew Hunter. The website highlights a range of products, including corporate gifts, wedding favors, and a variety of gingerthemed foodstuffs alongside other local specialties like rum butter, toffee, and Kendal Mint Cake. The site also details the company’s history, awards, and even offers staff profiles and group visit information.

Financially, Grasmere Gingerbread Ltd has seen some interesting trends. While cash reserves increased by 10% to £680,000, net assets decreased by 11% to £840,000. Trade debtors decreased by 49%, suggesting improved collection practices, but creditors also dropped by 11%, which could indicate a reduction in supplier credit. Accumulated depreciation impairment for property, plant, and equipment increased by 50%, a sign of aging assets. Average employee numbers rose by 26% to 29, which could be a response to increased demand or expansion efforts. The company is classified as small, meeting two of three conditions: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor named, the financial statements are unaudited.

Overall, Grasmere Gingerbread Ltd seems to be navigating a period of change. While the business maintains a strong brand and a loyal customer base, the financial data suggests a need to carefully manage costs and maintain efficient operations. The increase in employees, however, points to a potentially positive outlook for the future, although it will be interesting to see if the company can sustain this growth.

Registered in England/Wales under the registration number 04211868, with a registered address at LA22 9SW, United Kingdom, Grasmere, Cumbria, The Gingerbread Shop, Church Cottage.

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