Premier Chocolate Limited

Premier Chocolate Ltd, based in Mansfield, UK, is a small holding company with an active status, established eleven years ago. The company employs 43 people and holds £854,944 in assets. It has two directors and two owners, and operates from a real address shared by only one other company. Premier Chocolate regularly imports aluminum and aluminum products (5 months) and exports cocoa and cocoa products (6 months).

The company’s website highlights a shift in focus. While initially a British chocolate brand established in 2014, it now prominently features "Omnom," a premium Icelandic chocolate bar with 18 varieties. The website details a history of acquisitions, including BBB Dovedale and Creative Confectionery, and emphasizes innovation, design, and development. A key element is the partnership with Fresh Start Recruitment UK for all vacancies, explicitly discouraging direct applications through the company’s contact form.

Financially, Premier Chocolate Ltd presents a mixed picture. Current assets have decreased by 20%, dropping to £850,000. Net assets have also fallen, though less dramatically, by 2.5% to £2,900,000. Bank borrowings have increased, rising by 11% to £160,000, while cash reserves remain relatively stable at £57,000. Creditors have seen a significant decrease, falling by 8.6% to £940,000. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. The lack of an auditor mentioned suggests exemption as a small company.

The company’s equity has decreased, and bank borrowings have increased. It’s possible that the focus on premium Icelandic chocolate, Omnom, requires significant investment in sourcing ingredients and marketing, impacting short-term profitability. The decrease in creditors could be a positive sign of improved debt management. The company’s small size allows for agility, but the financial pressures suggest a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 08881721, with a registered address at NG20 8SS, England, Mansfield, Premier House Vernon Street Industrial Estate, Shirebrook.

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