Hardwick Candle Co Limited

Hardwick Candle Co. Limited is a small, holding company based in Cheltenham, UK, with an active status. Founded two years ago in March 2023, the company employs just two people and holds £2,587 in assets. It operates from a virtual address – fourteen companies registered at the same location – and is managed by two directors, with one owner, Mitrewick Holdings Ltd. Hardwick Candle Co. also runs an e-commerce site.

The company’s website showcases a range of luxury aromatherapy candles, wax melts, and accessories, emphasizing natural ingredients, vegan-friendly formulations, and sustainable practices. It’s clear they’re targeting a premium market, with descriptions highlighting “ultra-luxurious” scents and hand-poured craftsmanship. They even boast multiple awards, including “MultiAwardWinning Aromatherapy Wax Melts Brand” and “Best Luxury Candle Essential Oils Brand.” The site also promotes corporate gifting options, suggesting a desire to expand beyond individual consumers.

Financially, Hardwick Candle Co. Limited presents a concerning picture. While it meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its equity has plummeted to a negative £13,000. Cash reserves are minimal at just £180, and bank borrowings are £1, while creditors have remained at £15,000. The company's net current assets liabilities are also at -£13,000. These figures suggest the business is burning through cash and relying on credit to stay afloat. The lack of employees (just two reported) keeps overhead low, but the significant losses raise questions about its long-term viability. No auditor is mentioned, which is typical for a small, exempt company, so the financial data relies on unaudited director’s reports. It seems like they are trying to keep the business going, but it’s a difficult situation.

Registered in England/Wales under the registration number 14735814, with a registered address at GL50 1TA, United Kingdom, Cheltenham, Gloucestershire, Eagle Tower, Montpellier Drive.

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