Craneplex Ltd

Craneplex Ltd, based in Cradley Heath, UK, is a small, active company founded three years ago. With £142,389 in assets and a real address, it’s a solo-founded operation managed by a single director and owner. The company operates an e-commerce site selling lifting equipment, including beams, clamps, and slings, catering to industrial and commercial customers. It’s a regular importer of machinery, boilers, and mechanical appliances, with nine months of import activity recorded as of January 2025.

The website, salescraneplex.co.uk, showcases a range of lifting solutions, emphasizing competitive pricing and a focus on British craftsmanship. It's a straightforward online store, with clear product categories and a simple checkout process. While the site doesn's have a blog, it does have a section for new products and a contact form for customer inquiries.

Financially, Craneplex Ltd presents a mixed picture. Net assets are negative at -£110,000, indicating accumulated losses outweigh assets. Cash reserves are stable at £16,000, but creditors are significant at £190,000, suggesting a reliance on trade credit. Trade debtors are also substantial, at £130,000, which could indicate difficulties in collecting payments. The company meets two of three criteria for being a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no auditor mentioned, which is common for small, exempt companies.

The company's negative equity and reliance on credit raise questions about its long-term financial health. However, its consistent import activity and active e-commerce presence suggest it's maintaining operations and serving its customer base. It's a small business, and these figures are not uncommon for a company still building its financial foundation.

Registered in England/Wales under the registration number 13853928, with a registered address at B64 5QR, England, Cradley Heath, Unit 17 Sapcote Trading Centre, Powke Lane.

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