Spare Snacks Ltd

Spare Snacks Ltd, based in St Albans, UK, is a small, active company founded eight years ago. With two employees and £300,856 in assets, it operates as a regular importer of prepared or preserved plant-based foods, with four months of import activity recorded as of December 2023. The company has a real address and is managed by two directors, with one owner, Whitehead Ben John. It also runs an e-commerce site.

The company’s website, Social Supermarket, is a curated marketplace for social enterprises and B Corp brands. It offers a wide range of products, from food and drink to clothing and homewares, all with a focus on ethical and sustainable sourcing. The site caters to both individual consumers and businesses, offering employee gifting solutions and branded merchandise. It’s a one-stop shop for conscious buyers looking to make a positive impact with their purchases.

Financially, Spare Snacks Ltd shows a mixed picture. Current assets decreased by 18% to £300,000, and net assets fell by 26% to £240,000. Bank borrowings were reduced by 16% to £13,000, and cash reserves dropped by 44% to £110,000. Trade debtors were also reduced by 27% to £62,000. Creditors, however, increased significantly by 100% to £46,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the decline in equity is a cause for concern. No auditor is mentioned, which is likely due to its status as a small company. The company’s increased creditors suggest it may be burning through cash a little too quickly, but it’s also possible that it's investing in growth.

Registered in England/Wales under the registration number 10192969, with a registered address at AL1 5DG, St Albans, 52 Castle Road.

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