Sweetastic Ltd

Sweetastic Ltd from London UK: a small, active company founded four years ago, employs two people, and holds £48,645 in assets. It’s a solo founder operation with a real address and one director. The company operates an e-commerce site and is an irregular importer of miscellaneous food products, with the last import occurring two months ago.

The company’s website, Sweets and Treats Wholesale, positions itself as a trusted partner for wholesale sweets, catering to retail sweet shops and individual customers. It offers a wide selection, from nostalgic retro treats to pick-and-mix sweets, and boasts no minimum spend with free delivery over £250. The site also highlights American sweets and bulk confectionery supplies. They even offer bespoke sweet bag manufacturing.

Financially, Sweetastic Ltd’s numbers are a bit mixed. Cash bank on hand increased significantly by 95% to £17,000, which is good news. However, net current assets and liabilities decreased by 13% to -£21,000. Creditors increased by 19% to £70,000, and trade debtors increased by a whopping 280% to £10,000. The company’s small size (meeting two of three conditions for being a small company) helps it stay nimble, but the decrease in equity is something to keep an eye on. The company is exempt from an audit, so the figures are unaudited. It seems like the business is working hard to manage its finances, and the increase in cash is a positive sign, but the rise in debt is something to monitor closely.

Registered in England/Wales under the registration number 13063513, with a registered address at NW10 5HE, England, London, 79 Whitmore Gardens.

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