Andcrafted Ltd

Andcrafted Ltd is a small, active family business based in London, UK, founded six years ago in 2019. Employing twenty-one people, the company holds £1,240,073 in assets and operates a real address at Unit C1 Leyton Industrial Village. With three directors and two owners, Andcrafted Ltd runs an e-commerce site and regularly imports and exports miscellaneous metal items – nineteen months of import activity and twenty-seven months of export activity have been recorded.

The company specializes in supplying hardware for creative projects, offering a wide range of cabinet hardware, lighting, switches, taps, and hooks. Its website, Plank Hardware, showcases a diverse selection of products in various finishes and styles, catering to both residential and commercial customers. The site emphasizes designer trade accounts, over 2,500 five-star reviews, and speedy delivery options.

Financially, Andcrafted Ltd presents a mixed picture. Current assets have decreased by 30% to £1,200,000, while net assets have fallen by nearly half, to £720,000. Cash reserves have also taken a hit, decreasing by 47% to £510,000. Trade debtors have increased by 23%, suggesting a potential need for improved collection practices, while creditors have risen by 40%. The company’s small size—meeting two of three criteria for a small company—helps it remain nimble, but the decline in equity is concerning. No auditor is mentioned, likely due to the company’s exemption as a small entity.

It appears Andcrafted Ltd is navigating a period of financial adjustment. While its e-commerce platform and product range seem well-received, the declining reserves and rising debt suggest a need for careful management.

Registered in England/Wales under the registration number 11827691, with a registered address at E10 7QP, United Kingdom, London, Unit C1 Leyton Industrial Village, Argall Avenue.

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