Craft Design Construction Ltd

Craft Design Construction Ltd, based in Pinner, UK, is a small, active company founded thirteen years ago in 2012. With a single employee and £67,107 in assets, it operates from a virtual address shared by 125 other companies, a bit unusual. The company is led by one director and owner, Claridge Richard Charles. It’s an irregular importer, primarily bringing in ceramic products—just one month’s worth of imports recorded as of July 2023.

The company's website showcases a curated selection of materials and products made in Portugal, including cork flooring, Viroc cement bonded particle board, and furniture and lighting designed by renowned architects Álvaro Siza Vieira and Eduardo Souto de Moura. It’s a supplier of high-quality, sustainable materials, with a focus on craftsmanship and design. The website also highlights the company's legacy, founded by Cristina DCotta, an architect, who tragically passed away in 2014, and now continued by her husband, Richard.

Financially, Craft Design Construction Ltd presents a mixed picture. Cash reserves have completely disappeared, dropping 100% to zero, and net assets have shrunk dramatically to -£190. Bank borrowings have increased by 36%, reaching £3,800, while cash bank on hand is zero. Creditors have increased by 7.5%, and debtors have jumped 30%. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the sharp decline in equity is concerning. The accounts are unaudited, likely due to its small size, and rely on director-reported data.

Despite the financial pressures, Craft Design Construction Ltd seems to be maintaining its focus on sourcing unique, high-quality materials from Portugal, catering to a niche market of designers and architects. Whether this strategy will be enough to turn the financial tide remains to be seen.

Registered in England/Wales under the registration number 07923078, with a registered address at HA5 5PW, Pinner, Middlesex, 52 High Street.

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