Rascals Products Group Ltd

Rascals Products Group Ltd from Salford UK: a small, active company founded two years ago, boasts three directors and one owner. The business, established in November 2022, operates from a real address and meets the criteria for a small company – turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company specializes in retail sale via mail order houses or via internet, manufacturing coated confectionery, particularly dragees. Its website, rascalconfectionery.com, highlights its history dating back to 2023, its BRCGS AA certification, and its commitment to quality. The company prides itself on combining cutting-edge production with traditional care, offering milk, dark, white, carob, and yogurt-coated dragees. It’s acknowledged throughout the confectionery industry as one of the market leaders.

Financially, Rascals Products Group Ltd is showing some concerning trends. Net assets are currently at -£18,000, a significant decline, and cash reserves are a meager £6. Creditors have remained steady at £18,000, but loans from directors are also at £6,300. The lack of employees (zero reported) suggests a very lean operation. The accounts are unaudited and described as “filleted accounts,” likely due to the company’s small size. It seems that the business is struggling to turn a profit, and the negative equity is a worry. With no auditor mentioned, the figures are based on director-reported data, so it’s difficult to assess the full picture.

Registered in England/Wales under the registration number 14455891, with a registered address at M3 5NA, England, Salford, 8 The Edge, Clowes Street.

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