Craft Wizard Limited

Craft Wizard Limited is a small, active company based in Birmingham, UK, founded three years ago in April 2021. It operates an e-commerce site selling paper craft supplies, boasting a vibrant website with a range of products from quilling paper to embellishments. With two employees and £8,418 in assets, the company is led by a single director and owner, Bokahri Syed Atif. It’s a real address, registered at C/O Premier Accountants.

The company’s website, Crafty Wizard, showcases a wide selection of paper crafting materials and tools, including quilling paper, stamps, cutting dies, and embellishments. It actively promotes its products through a newsletter and social media, offering discounts and highlighting new arrivals. The site’s design is clean and user-friendly, with clear product categories and a secure checkout process. The business operates in the retail sale via mail order houses or via internet industries.

Financially, Craft Wizard Limited shows some encouraging trends. Cash bank on hand increased by 30% to £680, and current assets rose by 7.4% to £8,400. Trade debtors also increased by 7% to £2,300, suggesting a growing customer base. However, net losses deepened to -£1,100, and creditors rose by 21% to £7,200. 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 remain nimble, but the equity decline warrants attention. No auditor is mentioned, so the figures are unaudited.

Overall, Craft Wizard Limited appears to be a growing e-commerce business with a dedicated customer base. While the company is currently operating at a loss, its increasing assets and revenue suggest a potential for future profitability. The business seems to be doing well, but the loss is something to keep an eye on.

Registered in England/Wales under the registration number 13347351, with a registered address at B12 0UP, England, Birmingham, C/O Premier Accountants, 15 Leopold Street.

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