Sugar Stamp Ltd
- Small
- Active
- 4 years
- 3 employees
- £11,842 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
- Rating 2.0 (6)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Sugar Stamp Ltd from Telford UK is a small, active company founded four years ago in 2020. Employing just three people, the company holds £11,842 in assets and operates from a virtual address, registered at The Hangar, Hadley Park East – an address shared by ninety-one other companies. It’s a solo founder operation, with Hamblett Daniel Stuart acting as both director and owner, and boasting a 2.0 Google rating from six reviews.
The company's website, Sugar Stamp, is primarily an e-commerce platform selling decorating tools, cake shaping guides, and custom cake charms, catering to bakers and crafters. It offers a wide range of products, from alphabet number sets to edible paints, and ships worldwide. The site features a country selector allowing customers to view prices in their local currency, and offers a 50% off sale on various occasions, including Mother's Day and Ramadan.
Financially, Sugar Stamp Ltd's recent report shows some concerning trends. While current assets increased by 24%, net assets declined by a significant 40% to £8,600. Bank borrowings increased by 27%, reaching £9,000, and cash reserves rose by 12% to £6,500. Creditors also increased by 46%, reaching £19,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) allows for flexibility, but the drop in equity suggests a need for careful financial management. No auditor is mentioned, which is common for small companies.
It's worth noting that the company’s reliance on a virtual address and the decline in equity raise questions about its long-term stability, although the active Google rating suggests a loyal customer base.
Registered in England/Wales under the registration number 12685752, with a registered address at TF1 6QJ, England, Telford, The Hangar, Hadley Park East.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Hamblett Daniel Stuart
- 4 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Hamblett Daniel Stuart
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-06-30Download 8 pages pdf report
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Confirmation statement made on 2024-06-19 with updatesDownload 4 pages pdf report
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Total exemption full accounts made up to 2023-06-30Download 8 pages pdf report
FAQ about Sugar Stamp Ltd
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