Worldbake Limited

Worldbake Ltd, based in Kettering, UK, is a small, active company established 18 years ago. With six employees and £889,018 in assets, it’s a solo-founded operation led by a single director and owner. The business enjoys a perfect 5.0 Google rating based on one review, and regularly imports cereal and milk-based food products, with 70 months of import activity recorded.

The company's website, WorldBake Ltd, positions itself as a supplier of frozen baked goods to the UK market. It's a BRCGS-accredited business offering an extensive product portfolio, collaborating with supply partners to develop and source high-quality bakery products for wholesale, retail, and manufacturing sectors. The website highlights a focus on traditional European baking methods, a dedicated customer service, and optimised supply chains. It also features contact information, a subscription form for news and updates, and details about its VAT number and registered company number.

Financially, Worldbake Ltd shows some interesting trends. While cash bank on hand increased by 15% to £450,000, current assets dropped by 20% to £890,000. Trade debtors decreased significantly by 51%, to £270,000, suggesting better debt collection. However, creditors decreased by 54%, to £160,000, which could indicate a reliance on short-term financing. The number of employees increased by 50%, to nine, which is a positive sign of growth, but it also means higher payroll costs. Equity decreased by 5.7%, to £660,000, which could be a cause for concern. The company is exempt from an audit, so the financials are unaudited.

Overall, Worldbake Ltd appears to be navigating a period of change. The increase in employees and cash reserves is encouraging, but the decrease in equity and current assets warrants closer monitoring. The company’s focus on premium baked goods and its commitment to customer service should help it maintain its position in the market, but it will need to manage its finances carefully to ensure long-term sustainability.

Registered in England/Wales under the registration number 06000042, with a registered address at NN16 8NQ, England, Kettering, Northamptonshire, Timson Business Centre, Bath Road.

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