The Gourmet Candy Company Limited

The Gourmet Candy Company Limited, based in Colindale, UK, is a small, active company established fifteen years ago. With nine employees and £939,324 in assets, it operates from a virtual address—a point to note as 516 companies are registered at the same location. The company is led by one director and one owner, and regularly imports paper and paperboard products (29 months) while exporting sugars and sweets (22 months).

The company specializes in the design and manufacture of premium white label confectionery for well-known brands, boasting over 50 years of combined confectionery expertise. It operates from London and China, serving customers and suppliers across the US, Europe, and Asia. Its website highlights a focus on product development, manufacturing, and marketing services, including advertising, social media, and event management. It even has offices in Hong Kong.

Financially, the company’s current assets increased by 7.8% to £940,000, a positive sign. However, net losses deepened to -£290,000, and cash reserves fell by 60% to £230,000. Bank borrowings are down significantly, which is good, and creditors increased by 2.1%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited figures, as the company is exempt from an audit, suggest a business navigating challenges, but still holding its own in a competitive market. It seems that the company is experiencing some financial strain, but its focus on high-end confectionery and global reach could help it weather the storm.

Registered in England/Wales under the registration number 06928912, with a registered address at NW9 6BX, United Kingdom, Colindale, London, 5 Technology Park, Colindeep Lane.

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