Unique Spices & Herbs Ltd

Unique Spices & Herbs Ltd, based in Caddington, UK, is a small, active company founded six years ago. With just one employee and £444 in assets, it’s a solo venture led by a single director and owner. The company boasts a perfect 5.0 Google rating from two reviews, a testament to its customer service. It operates from a virtual address, sharing space with thirty-five other businesses—a common arrangement for smaller enterprises.

The company specializes in the retail sale of food through various channels, including specialized stores, stalls and markets, and online. Its website, while not extensively detailed, suggests a focus on providing unique spices and herbs to customers. The business seems to be operating in a competitive market, but its high Google rating indicates a strong reputation.

Financially, Unique Spices & Herbs Ltd presents a mixed picture. Cash bank on hand has increased by a substantial 74%, reaching £33, which is good news. However, net current assets and liabilities have both increased by 11%, settling at -£8,700, which suggests the company is burning through cash. Creditors have also risen by 11%, reaching £9,200, and accrued liabilities have increased by 10%, reaching £790. It’s a small company, meeting two of three conditions for being classified as such: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the accounts are unaudited, relying on director-reported data.

While the company’s Google rating is excellent, the financial data suggests it’s operating on a tight margin. The increase in creditors could indicate a need for better cash flow management, or it could simply reflect the cost of doing business. It’s a small operation, and the solo founder is clearly working hard, but the company’s long-term sustainability will depend on its ability to generate consistent profits.

Registered in England/Wales under the registration number 11751848, with a registered address at LU1 4EE, United Kingdom, Caddington, Bedfordshire, 19-21 Manor Road.

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