Pan-n-ice Ltd

Pan N Ice Ltd, based in London, UK, is a small, active company established nine years ago in 2015. Employing eight people and holding £411,157 in assets, it operates from a real address and is led by one director and owner. The company runs an e-commerce site and irregularly imports machinery, boilers, and mechanical appliances—parts, with the last import occurring two months ago in June 2023. It’s a retail business, specializing in food, beverages, and tobacco.

The company’s website, PannIce, showcases a vibrant business focused on experiential catering services, particularly its signature ice cream rolls. It operates parlours in Westfield London, Westfield Stratford, Manchester, and Trafford, and offers masterclasses and DIY kits. The site actively promotes events catering and even offers ice cream hire for various occasions. There’s also a focus on franchising opportunities, with a range of merchandise and even branded clothing available. It's clear the business is expanding beyond just selling ice cream.

Financially, Pan N Ice Ltd presents a mixed picture. Cash bank on hand has decreased significantly, falling 64% to £4,200. Creditors have also declined, dropping 49% to £92,000, which is a positive sign. However, retained earnings and accumulated losses have seen a dramatic shift, plummeting 120% to £38,000. Trade debtors have risen by 22%, reaching £410,000, which could indicate challenges in collecting payments. 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 for agility, but the decrease in equity raises concerns. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company.

Overall, Pan N Ice Ltd seems to be navigating a period of change. While its website and service offerings are expanding, the financial data suggests it’s burning through cash. The company’s success will likely depend on its ability to manage its finances and capitalize on its growing brand presence.

Registered in England/Wales under the registration number 09667343, with a registered address at W10 5BN, England, London, W05 Workspace Kensal Road.

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