Craig International Limited

Craig International Ltd, based in Aberdeen, UK, is a sizable company with an active status, having been established 27 years ago. Employing 49 people and holding assets worth £17,724,265, it's a significant player in its sector. While it has a registered address, sixty-four companies share this location, suggesting a virtual address. The company is led by six directors and owned by a solo founder, Craig James Douglas. Its Google rating stands at a respectable 4.0 based on nine reviews. Craig International is known for regularly importing and exporting machinery, boilers, and mechanical appliances; parts, with 537 months of import activity and 927 months of export activity recorded.

The company's website highlights its role as a global procurement specialist, emphasizing innovation, efficiency, and sustainability. It offers a range of services, including procurement innovation, a digital procurement platform (eBuy), and a focus on sustainable sourcing (ecoBuy). Craig International boasts a global reach, with a diverse team and strategic bases serving 55 countries. The website also promotes a "Procurement 360" questionnaire to better understand client needs and encourages potential vendors to apply.

Financially, Craig International shows a mixed picture. While revenue remained stable, net assets decreased by 11%, and bank borrowings increased by 30%, reaching £8.3 million. Cash reserves, however, jumped significantly by 300%, to £810,000. A notable trend is the increase in deferred tax expense credit, rising by 410%. The company’s staff costs increased by 14%, reflecting a possible investment in personnel. The company is audited by Johnston Carmichael LLP. The company’s small size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and more than 250 employees) helps it stay agile, but the equity drop raises questions.

Overall, Craig International appears to be a well-established procurement firm navigating a dynamic global market. The increase in cash reserves is a positive sign, but the company will need to carefully manage its debt and maintain its focus on innovation and sustainability to ensure long-term success.

Registered in Scotland under the registration number SC179863, with a registered address at AB10 1HA, United Kingdom, Aberdeen, Johnstone House, 52-54 Rose Street.

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