Cre8 Merch Limited

Cre8 Merch Ltd from Beaconsfield UK: small company, holding company, active status, founded 3 years ago, 30 employees, £946,923 assets, virtual address, 2 directors, 1 owner, e-commerce site. Regular importer of electrical machinery and equipment (9 months imported). Regular exporter of clothing and accessories made by knitting or crocheting (42 months exported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £946,923.

Cre8 Merch is an e-commerce business that helps customers create custom merchandise. Their website, Cre8Merch, offers a wide range of products, from clothing and accessories to unique gifts and gym gear. They cater to various industries, including corporations, Realtors, and non-profits, offering solutions for trade shows, events, and promotional items. The site is well-designed and easy to navigate, with clear product categories and a simple ordering process. Customers can choose from a variety of design options and upload their own artwork. They even have a “Speak to an Expert Today!” call to action, suggesting a personalized service.

Financially, Cre8 Merch Ltd presents a mixed picture. While current assets have plummeted by a significant 59%, dropping to £950,000, the company’s bank borrowings have increased by a staggering 4400%, reaching £29,000. Cash reserves have also fallen dramatically, decreasing by 95% to just £17,000. Debtor levels have decreased by 57%, which could indicate improved collection practices. However, the substantial increase in bank borrowings and the sharp decline in cash reserves suggest the company is burning through money faster than it’s bringing it in. The decrease in equity, a 74% drop to -£1.4 million, is a worrying sign. With no auditor mentioned, the unaudited figures are subject to scrutiny. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the financial pressures are evident.

Registered in England/Wales under the registration number 13363560, with a registered address at HP9 1NB, United Kingdom, Beaconsfield, Buckinghamshire, 22 Wycombe End.

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