The Gourmet Sweet Company Limited

The Gourmet Sweet Company Limited, based in Stourbridge, UK, is a small, active company founded 10 years ago. With eight employees and £464,922 in assets, it operates from a virtual address and is led by a solo founder and director, Steven Fellows. Despite a modest Google rating of 2.0 based on three reviews, the company has a long history in the confectionery industry.

The Gourmet Sweet Company specializes in the design and manufacture of premium white label confectionery for well-known brands. Operating from offices in London and China, it serves customers and suppliers across the US, Europe, and Asia, producing everything from chocolate and toffee to boiled sweets. The company also offers product development, manufacturing, and marketing services, including advertising, social media, and website development. It's a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, the company shows some encouraging signs. Cash reserves increased by a substantial 61%, reaching £450,000, and current assets rose by 63% to £460,000. Equity also saw a significant boost, increasing 100% to £350,000. However, trade debtors increased by 130%, suggesting potential delays in customer payments. Creditors also rose, though at a more modest 2.3%. The company’s net assets liabilities increased by 100% to £350,000. It's worth noting that the company is exempt from an audit as a small company.

Overall, The Gourmet Sweet Company appears to be financially stable, with growing assets and strong cash reserves. The increase in trade debtors could be a temporary blip, or it could indicate a need to review credit terms. The company’s focus on white label manufacturing and global reach positions it well for continued growth, though it’s important to keep an eye on the balance between revenue and expenses.

Registered in England/Wales under the registration number 09463987, with a registered address at DY9 0NJ, England, Stourbridge, 90c Worcester Road, Hagley.

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