Craig & Parsons Limited

Craig & Parsons Limited, based in Folkestone, UK, is a small, family-owned business with a rich history spanning 79 years. Established in 1945, the company currently employs 27 people and holds assets totaling £1,229,691. With five directors and two owners, it operates from a real address within the Shorncliffe Industrial Estate. Craig & Parsons is an irregular importer of machinery, boilers, and mechanical appliances, and also exports optical and medical tools and devices, though both activities are infrequent. The company’s core business revolves around printing n.e.c., and it operates as a leading manufacturer of labels and printed solutions.

The company’s website, Craig Parsons The Label Experts, showcases a focus on bespoke label printing services, catering to a wide range of clients. It highlights the company’s expertise in laser, thermal transfer, and digitally printed labels, and even offers consumables like thermal ribbons. The website also mentions a second-generation Mark Andy digital press, indicating investment in modern technology to increase capacity. The site’s design and content suggest a customer-focused approach, emphasizing quality, expertise, and timely service.

Financially, Craig & Parsons Limited’s recent performance shows a mixed picture. While cash reserves decreased by 17% to £240,000, trade debtors increased by 5% to £780,000. Creditors rose significantly by 37% to £240,000, and net assets declined by 10% to £1,100,000. The company’s bank borrowings decreased by 64% to £33,000. These changes could reflect increased sales on credit, or perhaps a need to manage short-term obligations. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in equity warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited. Overall, Craig & Parsons Limited appears to be navigating a period of change, balancing investment in technology with the challenges of managing its financial position.

Registered in England/Wales under the registration number 00400905, with a registered address at CT20 3UH, Folkestone, Kent, Units 3-4 North Close, Shorncliffe Industrial Estate.

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