Sour Cherry Ltd.

Sour Cherry Ltd from Manchester UK: a small company with an active status, was founded 10 years ago. It employs nine people and holds £221,022 in assets, operating from a virtual address. The business is run by one director and owner, and features an e-commerce site. It’s an irregular importer of miscellaneous metal items, with just one month of imports recorded as of January 2024.

The company's website showcases a vibrant collection of handmade Perspex and sterling silver jewellery, with a strong emphasis on unique designs and affordable pricing. The site offers a wide range of items, from earrings and necklaces to bracelets and hair accessories, catering to various tastes and occasions. It also has a "Made in Manchester" section, highlighting locally-made products. The website offers a wide range of currencies and shipping options, catering to an international customer base.

Financially, Sour Cherry Ltd shows some interesting trends. While current assets have increased by a significant 110%, reaching £220,000, net assets have also risen by 96%, to £260,000. Cash reserves are stable at £51,000. However, employee numbers have doubled to eighteen, which is a large jump. Trade debtors remain at zero, suggesting efficient payment collection. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The sudden increase in employees may be due to the opening of a second store in 2023, as noted in the company's financial information. The company’s website also mentions a new store in Leeds, suggesting expansion. It’s likely the company is investing in its growth, but the increased staffing costs could be impacting profitability.

Registered in England/Wales under the registration number 09370132, with a registered address at M1 1JF, England, Manchester, 12 Hilton Street.

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