Craven Energies Limited

Craven Energies Limited, based in Skipton, UK, is a small, active company founded twelve years ago in 2013. With just three employees and £15,468 in assets, it's a solo-founded operation managed by a single director and owner, Wooler Adam. The company operates from a virtual address—eighteen other companies registered there too—and is an irregular importer, primarily dealing with electrical machinery and equipment, with its last import activity recorded back in September 2022.

Craven Energies Limited’s website is minimal, offering little insight into its day-to-day operations beyond stating it operates in the electrical installation industries. It doesn’t appear to be an e-commerce business, with no online store or product listings visible.

Financially, the company’s recent performance shows some concerning trends. Current assets have fallen by 26%, dropping to £15,000, while net assets have also declined by 10%, settling at £12,000. Trade debtors have seen a significant decrease of 46%, falling to £7,500, suggesting difficulties in collecting payments. However, creditors have also decreased, by 43%, to £7,200, which could indicate improved debt management. Cash bank on hand has increased by 32%, rising to £7,000. The company’s small size—meeting two of three criteria for being considered small—helps it remain flexible, but the decline in equity raises questions about its long-term financial health. There’s no mention of an auditor, which is likely due to its status as a small company.

Overall, Craven Energies Limited seems to be navigating a challenging period. While it maintains a small team and a manageable level of debt, the declining assets and equity suggest it’s burning through cash. Whether it can sustain its operations and turn things around remains to be seen.

Registered in England/Wales under the registration number 08367233, with a registered address at BD23 3AE, England, Skipton, North Yorkshire, The Four Columns, Broughton Hall Business Park.

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