Craven Electrical Wholesalers Limited

Craven Electrical Wholesalers Limited, based in Welshpool, UK, is a small, active family business established 23 years ago. With five employees and £386,398 in assets, it operates from a real address and is overseen by three directors and two owners. The company boasts a Google rating of 4.0 based on seven reviews, and regularly imports machinery, boilers, and mechanical appliances, with the latest import activity recorded six months ago.

The company’s website, Richard Craven Electrical, positions itself as Keighley’s leading supplier of trade electrical goods, catering to both commercial and independent customers. Established in the 1970s, it has been a family-owned business for over 40 years, offering a wide range of products from cable and wiring to CCTV, fire security, and industrial controls. The website highlights trade accounts, deliveries, and a physical location on Gresley Road Industrial Estate, and even mentions Nelson Builders Yard and Great Northern Cars nearby.

Financially, Craven Electrical Wholesalers Limited shows a mixed picture. Current assets increased by 12% to £390,000, while net assets rose 8.6% to £220,000. Bank borrowings decreased slightly, and cash reserves increased by 100% to £12,000. Creditors rose by 15%, and trade debtors increased by 11%. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), and no auditor is mentioned, likely due to exemption as a small company.

While the company seems to be growing, the increase in creditors suggests a need to manage cash flow. The family-owned heritage and focus on customer service, combined with a wide product range, position it well in the local market—but keeping an eye on the balance sheet will be key to long-term success.

Registered in England/Wales under the registration number 04276560, with a registered address at SY21 7LF, United Kingdom, Welshpool, Powys, The Old Brewery Brook Street, Brook Street.

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