Crafty Inventors Limited

Crafty Inventors Limited is a small, active company registered in London, UK. Founded three years ago on June 29, 2021, it operates from a real address at NW11 7RA, England, London, 1 St. Albans Close. The company is run by two directors and has one owner, with the solo founder, Chandhok Puneet Singh, at the helm. It’s a private limited company with the registration number 13482229 and operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not explicitly detailed in the report, suggests a focus on e-commerce, likely selling products directly to consumers online. The report doesn't offer specifics on the product range, but the retail sector indicates a consumer-facing business model.

Financially, Crafty Inventors Limited presents a mixed picture. Net assets liabilities have increased by 16% to -£3200, and cash bank on hand remains steady at £7. Creditors have also risen by 16% to £3200, and loans from directors have increased by 18% to £3100. The company’s small size—meeting two of three conditions for being classified as small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees)—means it’s exempt from an audit, and the accounts are unaudited. This means the figures are self-reported by the directors. The company has not traded, and it’s a small entity applying accounting standards.

Despite the negative equity, the steady cash balance suggests the company isn't burning through money at an alarming rate, but it is certainly not financially robust. The increase in creditors and loans from directors could indicate a need for external funding or a reliance on personal investment. It’s possible that the company is still in its early stages of growth, reinvesting profits back into the business, or facing temporary challenges in managing cash flow.

Registered in England/Wales under the registration number 13482229, with a registered address at NW11 7RA, England, London, 1 St. Albans Close.

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