Craven & Co. Limited

Craven & Co. Limited, based in Knaresborough, North Yorkshire, UK, is a small holding company with an active status. Established 25 years ago in January 2000, it employs 51 people and holds assets valued at £3,512,092. The company is managed by one director and one owner, and operates from a real address with only two other companies registered there. It regularly imports iron or steel products (39 months) and exports furniture, lighting, and prefabricated buildings (12 months).

The company’s core business revolves around the manufacture of wire products, chain, and springs, and it owns subsidiaries Richard Craven & Co. Limited and Firmashelf Limited. Its website showcases a diverse range of custom-made steel and tube products, catering to various industrial applications.

Financially, Craven & Co. Limited’s recent performance presents a mixed picture. Current assets have decreased by 18%, falling to £3,500,000, while net assets have also dropped by 5.5%, settling at £1,300,000. Bank borrowings have significantly reduced by 44%, reaching £570,000, and cash reserves have fallen 30% to £100,000. Creditors have increased by 26%, reaching £1,000,000, and trade debtors have decreased by 11%, settling at £810,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity warrants closer examination. It’s worth noting that the company’s accounts are unaudited, likely due to its status as a small company. The company’s losses deepened from -£10,000 to -£23,000, while cash reserves plummeted 71% to just £4,100.

The company’s financial data reveals a few interesting trends. For instance, accrued liabilities have decreased substantially, from £410,000 to just £87,000, suggesting better management of short-term obligations. However, the increase in other creditors, from £3,200 to £220,000, is a notable change that could indicate increased reliance on external financing. Overall, Craven & Co. Limited appears to be navigating a period of transition, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 03909505, with a registered address at HG5 8ET, North Yorkshire, Manse Lane, Knaresborough.

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