Crazy Tees Limited

Crazy Tees Limited, based in Stockport, UK, is a small, active company founded eight years ago in 2016. It’s a solo founder operation, with one director and owner, Elms Michael Harry, at the helm. The company, boasting £11,995 in assets, operates an e-commerce site and focuses on retail sales via mail order and the internet. It's a real address, with only one other company registered there.

The company’s website, Crazy Tees, appears to be a straightforward online retailer of t-shirts and related apparel. It doesn't offer much detail about its operations beyond the products it sells, but the site is functional and appears to be actively maintained.

Financially, Crazy Tees Limited presents a mixed picture. Cash bank on hand has decreased by 33%, falling to £3,100, while trade debtors have increased significantly, rising 16% to £8,900. Creditors have also decreased slightly, falling 9.6% to £11,000. The company’s net assets remain incredibly low, at just £26, with retained earnings at £25. While it meets the criteria to be considered a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), the decline in cash reserves is notable. The company’s financial statements are unaudited, as it's exempt from an audit due to its size.

It seems like Crazy Tees Limited is navigating the challenges of a small e-commerce business. The increase in debtors suggests a need to manage customer payments more effectively, while the decrease in cash reserves could indicate a need to control expenses. The company’s future success will likely depend on its ability to maintain a loyal customer base and manage its finances prudently.

Registered in England/Wales under the registration number 10376241, with a registered address at SK7 3LY, United Kingdom, Stockport, 56 Manor Road, Bramhall.

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