Popped Snacks Ltd

Popped Snacks Ltd from St. Albans UK: small company, active status, founded 6 years ago, 1 employee, £78,979 assets, virtual address, 2 directors, 1 owner, solo founder. Regular importer of miscellaneous food products (3 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £78,979.

The company operates in the non-specialised wholesale of food, beverages and tobacco, the other retail sale of food in specialised stores industries. Officially, it has one owner or PSCs, two directors, and one employee. The address is probably virtual as thirty seven companes registered at the same address.

Popped Snacks Ltd’s website, Europesnacks, reveals a different business model entirely: a private label savoury snack development and manufacturing service for other brands. It’s clear they aren’t selling directly to consumers, but rather partnering with larger companies to create and produce their own snack products. They offer a full product line development, recipe creation, and even packaging design. They have factories in France, UK, and Spain, catering to customers’ brand specifications and anticipating market trends. The site highlights a wide range of crisps, tortillas, and crackers, and even boasts 9 product technologies.

Financially, Popped Snacks Ltd’s numbers paint a concerning picture. Current assets have plummeted by 39%, dropping to £79,000, and net assets have fallen a staggering 16% to -£22,000. Bank borrowings remain steady at £100,000, but cash reserves have shrunk by 34%, leaving just £64,000. Trade debtors have also decreased, suggesting a bit of improvement in collecting payments. The company’s small size helps it stay agile, but the sharp decline in equity and the reliance on borrowed funds raise questions about its long-term viability. With no auditor mentioned, the figures rely on unaudited statements.

In short, Popped Snacks Ltd appears to be struggling. While their private label service seems well-positioned, the company’s financials suggest it’s burning through money. Whether they can turn things around remains to be seen.

Registered in England/Wales under the registration number 11550756, with a registered address at AL2 1BJ, England, St. Albans, 1 Victor House Barnet Road, London Colney.

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