Crafted Beverages Limited

Crafted Beverages Limited, based in London, UK, is a small, active company founded eight years ago. With a single employee and £12,876 in assets, it operates from a virtual address shared by numerous other businesses. The company is a family business, run by two directors and two owners, and functions as an irregular importer of glass and glassware, with the most recent import occurring just one month ago.

The company’s website, Crafted Beverages Australia, positions itself as a distributor of independent craft beverages, offering over 50 exclusive brands. It operates both a retail arm and a trade ordering platform, catering to venues and wholesale partners. The site highlights its commitment to Australian-brewed beverages and emphasizes its distribution network spanning Australia, New Zealand, America, the UK, Europe, and Asia. It also includes a liquor license number and a warning about selling alcohol to minors.

Financially, Crafted Beverages Limited presents a mixed picture. While cash bank on hand plummeted by 150% to -£300, trade debtors remained relatively stable, decreasing just 1.6% to £6,700. However, creditors increased significantly by 17% to £170,000, and net assets declined 19% to -£160,000. The company’s small size (meeting two of three conditions for a small company) helps maintain agility, but the substantial decrease in equity raises concerns. The company’s fixed assets have also disappeared, dropping 100% to zero. With no auditor mentioned, the financial statements are unaudited.

The company’s irregular import activity and reliance on a shared virtual address suggest a lean operation, but the financial data indicates a potential struggle to maintain profitability. The focus on a niche market of craft beverages and a wide distribution network could be a strength, but the company will need to address its declining equity to ensure long-term sustainability.

Registered in England/Wales under the registration number 10268877, with a registered address at WC1N 3AX, United Kingdom, London, 27 Old Gloucester Street.

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