Sweet And Savoury (north East) Ltd

Sweet And Savoury North East Ltd, based in Consett, UK, is a small, active family business founded seven years ago. With twelve employees and £602,760 in assets, it operates a thriving e-commerce site and enjoys a perfect 5.0 Google rating based on three reviews. The company regularly imports plastics and plastic products, with 35 months of import activity recorded, the last in November 1, 2024. It’s a tight-knit operation with two directors and two owners, Graham Leslie and Graham Matthew, at the helm.

The company operates in the other food services industries. Its website is not available for review.

Financially, Sweet And Savoury North East Ltd presents a mixed picture. Current assets increased by 7.7% to £600,000, while net assets grew by 39% to £30,000. Bank borrowings decreased by -42%, reaching £13,000, and cash reserves fell by -49% to £190,000. Trade debtors increased by 96%, suggesting a need to monitor customer payments. Creditors increased by 7.5%, which could be a result of increased purchasing. 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 stay agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Despite the increase in assets, the significant drop in cash reserves is a point of concern. It’s possible the company has been investing in growth, but monitoring cash flow will be crucial. The increase in trade debtors suggests a need to ensure timely payments from customers.

Registered in England/Wales under the registration number 11275207, with a registered address at DH8 6SZ, England, Consett, County Durham, Unit 35b Number One Industrial Estate, Medomsley Road.

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