Crafts Consult Limited

Crafts Consult Limited is a small, active company based in Warrington, UK, founded six years ago in 2018. It’s a solo founder operation with one director and a single employee, holding just £818 in assets. The company operates in the retail sale via mail order houses or via internet industries. The registered address is a virtual one, sharing space with 3960 other companies.

The company’s website, while not providing extensive details, suggests a focus on crafts-related products, likely sold online. It’s unclear whether the business has a physical presence beyond its virtual address. The name hints at a potential focus on consulting services related to crafts, but this isn't explicitly stated.

Financially, Crafts Consult Limited presents a concerning picture. Net assets plummeted by a staggering 62%, settling at -£9,200. Cash reserves are minimal, with a decrease of 5% to £820. Creditors increased significantly by 54%, reaching £10,000, and the company reported a loss of -£2,800. The lack of trade debtors suggests a cash-based business model, but the rising debt and negative equity are worrying signs. The company is exempt from an audit, so the figures are unaudited.

While the company's small size (meeting two of three criteria for a small company) allows for agility, the financial trends indicate a potential struggle. It’s possible that increased costs or decreased sales are contributing to the negative equity, but without further information, it’s difficult to say for sure.

Registered in England/Wales under the registration number 11390697, with a registered address at WA1 1RG, United Kingdom, Warrington, 320 Firecrest Court Centre Park.

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