Atlascraft Ltd

Atlascraft Ltd, based in Lancashire, UK, is a small, family-run business with an active status. Founded nineteen years ago in 1999, it employs just one person and holds £3,955 in assets. With two directors and two owners, and a real address, it operates an e-commerce site dedicated to needle crafts.

The website, anchor.woolgmail.com, showcases Atlascraft as a provider of “a world of creative needle crafts,” specializing in tapestry, needlepoint, and related accessories. It highlights a long family pedigree in the craft business, supplying products to enthusiasts worldwide. The site lists reputable brands like Anchor, Royal Paris, and Grafitec, and encourages customers to visit their eBay store as well. They even offer bulk supplies and special requirements.

Financially, Atlascraft Ltd presents a mixed picture. Current assets have plummeted by a significant 51%, dropping to just £4,000. Equity has also taken a hit, decreasing by a whopping 490% to -£6,700. Cash bank on hand has fallen by 29%, to £3,400. Creditors, however, have increased by 16%, to £11,000, which could indicate increased purchasing activity. The company's small size—meeting two of three criteria for a small company—allows for flexibility, but the substantial equity decline is a cause for concern. With no auditor mentioned, the figures are unaudited.

Overall, Atlascraft Ltd appears to be facing financial pressures, despite its established online presence and niche market. It’s a small operation, and the sharp decline in equity suggests it’s burning through money.

Registered in England/Wales under the registration number 05766671, with a registered address at BL7 9UE, Lancashire, 1 The Hall Coppice, Egerton, Bolton.

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