Cradletech Ltd.

Cradletech Ltd from Chislehurst UK is a small holding company with an active status, established 34 years ago. Employing 11 people, the company holds assets valued at £1,864,925. It operates from a real address, is overseen by three directors, and has one owner. Cradletech is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with recent import activity recorded just one month ago. The company’s activities are centered around other specialised construction activities.

The company's website is not available for analysis.

Financially, Cradletech Ltd presents a mixed picture. While cash reserves have increased by a substantial 36%, reaching £1,100,000, other areas show decline. Net assets, for example, have risen by 55%, reaching £1,100,000, but trade debtors have increased significantly by 58%, reaching £220,000. Bank borrowings have also increased, reaching £29,000. Creditors have decreased by 43%, suggesting better debt management. The company's small size, meeting two of three conditions for being considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), allows for flexibility. The lack of an auditor mentioned likely means the company is exempt due to its size, relying on unaudited statements. The increase in bank borrowings, however, could indicate a need for additional funding, and the increase in trade debtors suggests potential difficulties in collecting payments.

The company's financial data suggests it is holding steady but facing some pressures.

Registered in England/Wales under the registration number 02570399, with a registered address at BR7 5NP, United Kingdom, Chislehurst, 55 Chislehurst Road.

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