Snack Creations Ltd

Snack Creations Ltd, based in Great Yarmouth, UK, is a large, holding company with an active status. Founded six years ago in December 2018, the company employs ninety-seven people and holds assets valued at £12,512,760. With a real address and three directors, alongside one owner, it boasts a stellar 5.0 Google rating from eight reviews. The company regularly imports and exports milling products, with nineteen months of import activity and fifty-two months of export activity recorded.

The company's website reveals it's a world leader in producing plant-based snack pellets, collaborating with health-focused brands. It operates a pilot plant called "The Source of Creation" and offers new product development services, leveraging sixty years of experience. Snack Creations focuses on innovation, quality (BRC certification), and service, catering to global manufacturers and retailers. The company’s website also highlights its commitment to providing convenient snacking solutions.

Financially, Snack Creations Ltd shows a mixed picture. While cash reserves increased by 12% to £1.9 million, net assets dropped 10% to £13 million. Turnover increased significantly by 23% to £21 million, but profit loss deepened by 59% to £660,000. Bank borrowings decreased by 16% to £4.7 million, and administrative expenses rose by 18% to £1.9 million. Staff costs increased by 4.9% to £5 million. Current tax for the period was a surprising negative £790,000. The company’s size (meeting two of three criteria for a large company) suggests it’s operating at scale, but the increased losses and deferred tax expense credit raise questions. Ensors Accountants LLP audited the financial statements.

The company’s regular import and export activity indicates a well-established supply chain, but the financial data suggests it’s facing challenges in maintaining profitability. It seems like the company is burning through money, but the high turnover and asset base show it’s not in immediate danger.

Registered in England/Wales under the registration number 11724356, with a registered address at NR31 0DW, United Kingdom, Great Yarmouth, Pasteur Road.

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