Sasco Sauces Limited

Sasco Sauces Ltd from Hertford UK: a small, active company founded 22 years ago, employs 33 people, and holds £4,493,697 in assets. It operates from a virtual address and is led by five directors, with Gary John Spicer as the sole owner and solo founder, boasting a stellar 5.0 Google rating from seven reviews. The company regularly imports edible vegetables and roots, with 14 months of import activity recorded.

The company’s website showcases Sasco Sauces as a dynamic manufacturer of mayonnaise and quality sauces, produced to high standards at their purpose-built factory with BRC grade AA certification. They offer a range of products including mayonnaise, sauces, and dressings, catering to both commercial and retail customers. The site highlights factory tours, product information, and customer services, with a clear focus on quality and British craftsmanship.

Financially, Sasco Sauces Ltd presents a mixed picture. While cash reserves increased significantly by 110% to £2,700,000, net assets grew by a substantial 67% to £3,200,000. However, accumulated depreciation on intangible assets increased by 8.2%, and bank borrowings surged, reaching £29,000. Creditors decreased by 18%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increased depreciation and bank borrowings warrant closer attention. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Sasco Sauces Ltd appears to be a stable business with a strong reputation, but the increased depreciation and bank borrowings could be a cause for concern. The company's focus on quality and customer service, combined with its agility as a small business, positions it well for continued success, although careful financial management will be key.

Registered in England/Wales under the registration number 04614082, with a registered address at SG13 7HJ, Hertford, Hertfordshire, 5 Yeomans Court, Ware Road.

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