Knack Knack Ltd

Knack Snacks is a small, active company based in Reading, UK, founded twelve years ago. With a single employee and £19,191 in assets, it operates an e-commerce site selling high-protein chocolate treats. The company is led by two directors and two owners, with Nazim Tameha and Zaka Nazim at the helm. It's classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, KnackSnacks, showcases a range of “Crunchy Chocolate Creations,” emphasizing zero guilt, zero food waste, and zero compromise. It targets health-conscious consumers with a focus on high-protein, low-sugar snacks, often compared favorably to traditional malt chocolate balls. The site highlights sustainable sourcing, clean ingredients, and a commitment to reducing environmental impact. The website also features blogs and customer testimonials praising the snacks’ taste and nutritional benefits.

Financially, Knack Snacks appears to be struggling. Current assets have decreased significantly by 48% to £19,000, and net losses have deepened, with equity at -£17,000. Bank borrowings have also declined, but cash reserves have plummeted 50% to just £16,000. While creditors have decreased slightly, the overall trend suggests financial strain. Trade debtors have also decreased, which is a positive sign. The lack of a mentioned auditor is typical for a small, exempt company.

It seems like Knack Snacks is facing challenges in scaling its business despite a strong online presence and positive customer feedback. The company’s reliance on a single employee and its current financial trajectory raise questions about its long-term viability.

Registered in England/Wales under the registration number 08172775, with a registered address at RG10 9HU, England, Reading, 20 Lincoln Gardens, Twyford.

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