Snacksy Limited

Snacksy Limited is a small, active company based in London, UK, founded four years ago in November 2020. It’s a solo-founder operation with two directors, holding £302,770 in assets and operating from a virtual address – thirty-four companies share the same location. The company employs three people and is registered as a private limited company. Snacksy Limited’s core business revolves around the manufacture of cocoa and chocolate confectionery, wholesale of sugar and chocolate, retail via mail order, and sugar confectionery industries. It’s an irregular importer, with its top import category being Cocoa and cocoa products, totaling 2 months of imports, the last in August 2024.

The company’s website, shop.snacksy.com, is a vibrant e-commerce platform showcasing a range of raw chocolate snacks. It offers a "Tryout Box" and individual bars in various flavors like Almonds with Lucuma, Salted Caramel with Maca, and Berry Almond with Ginkgo Biloba. The site emphasizes luxury and nutrition, encouraging visitors to “Order Now” and offering free shipping on orders over £30. It’s a modern online store, complete with a blog, stockist list, and career page.

Financially, Snacksy Limited shows some concerning trends. While current assets increased by 71% to £300,000, net assets plummeted 140% to -£1,500,000—a substantial decline. Bank borrowings are non-existent, but creditors have increased dramatically, reaching £1,800,000. Cash reserves have improved significantly, increasing by 200% to £280,000. The number of employees has doubled, from three to six, which is a positive sign of growth, but it also means increased operational costs. The company meets two of the three criteria for being a small company, with turnover under £10.2m and assets under £5.1m. With no auditor mentioned, the figures are unaudited.

Overall, Snacksy Limited appears to be experiencing rapid growth, but it's burning through cash at a considerable rate. The significant increase in creditors suggests the company is relying on external funding to sustain operations, and the negative equity is a cause for concern. Whether the company can successfully scale its e-commerce business and achieve profitability remains to be seen.

Registered in England/Wales under the registration number 13033699, with a registered address at NW5 2PS, England, London, 5a Falkland Road.

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