Craft Buddy Ltd

Craft Buddy Ltd from Chesham UK: small company, holding company, active status, founded 14 years ago, 26 employees, £5,093,593 assets, yearly revenue: £8,429,446, real address, 3 directors, 1 owner, e-commerce site. Regular importer of paper and paperboard products (82 months imported). Regular exporter of toys, games, and sports equipment (45 months exported). Craft Buddy Ltd is a private limited company registered in England/Wales with the registration number 07236303. It was founded fourteen years ago on April 27, 2010, and registered in HP5 2QA, England, Chesham, Unit 7 Anglo Business Park, Asheridge Road. The address is probably real as only two companies registered at the same address. Its status is active. Officially, it has one owner or PSCs, three directors, and twenty six employees.

The company operates a trade-focused e-commerce site, Craft Buddy Trade, which sells a wide range of art and craft kits, particularly known for its Crystal Art collections. The website highlights its partnerships with popular brands like Disney, Harry Potter, and Marvel, and emphasizes competitive pricing, weekly product launches, and a large selection of stockists. It's clear that Craft Buddy is targeting both individual crafters and wholesale buyers. The site also promotes its "Become a Stockist" program, suggesting a significant portion of its business comes from supplying retailers.

Financially, Craft Buddy Ltd shows some interesting trends. While turnover increased by a healthy 39% to £8.4 million, net losses deepened to £23,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's assets have increased to £5.09 million, and the number of employees has risen to 31. Interestingly, administrative expenses increased by 22%, which could be a result of the increased activity. The company’s trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms. Overall, Craft Buddy Ltd seems to be growing its business, but it’s facing some financial pressures that will need to be addressed.

Registered in England/Wales under the registration number 07236303, with a registered address at HP5 2QA, England, Chesham, Unit 7 Anglo Business Park, Asheridge Road.

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