Sweet Lounge Group Ltd

Sweet Lounge Group Ltd, based in Wellingborough, UK, is a small, active company founded five years ago. With two employees and £121,766 in assets, it operates from a real address and is led by two directors and owners. The company runs an e-commerce site and enjoys a Google rating of 4.0 based on seven reviews. It’s an irregular importer of paper and paperboard products (one month of imports) and a regular exporter of sugars and sweets (eight months of exports).

The company's website, Sweet Lounge, is more than just confectionery. It focuses on plant-based and plastic-free innovations, offering a range of vegan sweets and bundles. The site also highlights event hire services, including sweet carts, waffle carts, and even branded pop-up tricycles—a diverse range of offerings. It's clear the company is targeting a niche market of eco-conscious consumers and event planners.

Financially, Sweet Lounge Group Ltd shows some interesting trends. Cash reserves dropped by 38%, settling at £9,900, while bank borrowings increased by 30% overall. Creditors also saw a significant jump, rising by 220% for non-financial instruments. However, the company’s net assets grew by a healthy 49%, reaching £120,000, and current assets increased by 24% to £120,000. The company meets the criteria for a small business, with turnover less than £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The increase in bank borrowings and the drop in cash reserves suggest the company may be investing in growth—perhaps expanding its product line or marketing efforts—but it’s something to keep an eye on. The company’s unaudited financial statements, like many small businesses, rely on director-reported data.

Registered in England/Wales under the registration number 12270589, with a registered address at NN8 4RQ, United Kingdom, Wellingborough, Northamptonshire, Unit 1 Unit 1, Saxon Court, Bradfield Cl,, Finedon Road Industrial Estate.

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