Pintail Candles Limited

Pintail Candles Ltd, based in Flookburgh near Grange Over Sands, UK, is a small, holding company with an active status. Founded nineteen years ago in 2005, the company employs twenty-one people and holds £523,637 in assets. It has a real address, is managed by three directors, and is owned by one individual. The company operates an e-commerce site and irregularly imports paper and paperboard products, with its last import operation occurring in 2016.

The company’s website showcases a range of hand-poured candles, reed diffusers, and wax subscription boxes, emphasizing British craftsmanship and fashionable designs. It caters to both wholesale and retail customers, with a dedicated wholesale site for trade accounts. Pintail Candles positions itself as a UK premium candle maker, offering a variety of scents and sizes to suit different preferences.

Financially, Pintail Candles Ltd presents a mixed picture. Current assets have decreased significantly by 38% to £520,000, while net assets have plummeted 85% to just £110,000. Bank borrowings have increased, and cash reserves have fallen by 30% to £240,000. Creditors have risen dramatically, and trade debtors have fallen. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp equity decline raises concerns. With no auditor mentioned, the figures are based on unaudited statements.

The company’s financial situation suggests it may be burning through money. The decline in assets and equity, coupled with increased debt, indicates potential challenges. However, the active e-commerce site and focus on premium products suggest a continued effort to generate revenue and maintain its position in the candle market.

Registered in England/Wales under the registration number 05614683, with a registered address at LA11 7NG, Flookburgh, Grange Over Sands, Cumbria, Unit 8, Airfield Approach Bus, Prk, Moor Lane.

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