Truly (uk) Ltd

Truly Uk Ltd is a small, active company based in Ludlow, UK, founded fifteen years ago in 2010. With eighteen employees and £873,886 in assets, it’s a modest operation overseen by three directors and two owners. The company operates from a real address at Sprinkles Hq Unit 10, Lower Barns Business Park, and regularly imports and exports sugars and sweets—nineteen months of imports and fifty-one months of exports recorded. It’s a wholesale business, operating in the sugar and chocolate and sugar confectionery industries.

The company’s website, Truly Scrumptious Early Years Nurseries, reveals a different focus entirely. It’s a family-run nursery with two locations: Romford and Ongar. The site highlights the company’s passion for childcare, with over sixteen years of experience. It offers full-day and sessional care for children aged three months to five years, with fees payable monthly. The website provides detailed information on fees, menu options, and curriculum details. It's a well-designed site, clearly aimed at parents seeking quality childcare.

Financially, Truly Uk Ltd’s recent performance shows some concerning trends. While current assets increased slightly to £380,000, net assets decreased by 19%, dropping to £410,000. Bank borrowings increased by 42%, reaching £86,000, while cash reserves fell by 32%, settling at £21,000. Trade creditors also increased by 56%, reaching £500,000. Prepayments, however, jumped by a significant 440%, reaching £20,000—perhaps indicating a large, upfront payment for goods or services. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. No auditor is mentioned, suggesting the accounts are unaudited.

In short, Truly Uk Ltd appears to be facing some financial pressure, despite its established presence in the sugar and sweets trade. The nursery business, meanwhile, seems to be thriving—a contrast to the more challenging wholesale operations. It will be interesting to see if the two businesses can continue to support each other in the long term.

Registered in England/Wales under the registration number 07219036, with a registered address at SY8 4DS, United Kingdom, Ludlow, Shropshire, Sprinkles Hq Unit 10, Lower Barns Business Park.

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