Craftx Ltd

Craftx Ltd from Fareham UK: a small, active company founded four years ago, holds just £1 in assets, and operates from a virtual address. With two directors and a solo founder at the helm, the company runs an e-commerce site and has a solid 4.0 Google rating based on seven reviews. It's a small business as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company specializes in apartment interior design and home renovation services, operating as a studio with a focus on fit-outs, contractor work, office design, and high-end residential architecture. They also offer a range of services including construction, planning, and fit-out projects, targeting both commercial and residential clients. Their website showcases a wide array of services, from fit-out contracting to warehouse refurbishment, and even data center construction. They seem to be quite busy, with a team of 150 years of combined experience.

However, the company’s financial picture is a little concerning. Current assets have plummeted 100% to just £1, and net assets are down a significant 39% to -£7,700. Bank borrowings have increased by 170% to -£1,600, and cash reserves have dropped 75% to just £1. Creditors have also increased slightly. The lack of employees (zero reported) suggests a very lean operation, and the unaudited accounts—exempt as a small company—rely on director-reported data.

It seems like Craftx Ltd is facing some financial pressures, despite its strong online presence and reputation. Whether the company can overcome these challenges and continue its growth trajectory remains to be seen.

Registered in England/Wales under the registration number 13162923, with a registered address at PO16 0EN, England, Fareham, Hampshire, 203 West Street.

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