Creasestream Limited

Creasestream Ltd from Leicester UK: a small, family business, is active and has been around for seven years. With four employees and £120,475 in assets, it operates from a real address and is overseen by four directors and three owners. The company regularly imports and exports machinery, boilers, and mechanical appliances, including parts – 8 months of imports and 30 months of exports.

CreaseStream specializes in high-quality digital finishing, offering a revolutionary approach to creasing, cutting, and microperforating. Its website highlights the Card Creaser Deluxe as an affordable solution, guaranteed to outperform older technology. The company caters to printers facing difficulties with creasing and microperforating, offering a quick, easy, and affordable way to achieve perfect results. Videos and tutorials guide users through setup and operation, emphasizing ease of use and consistent accuracy. Testimonials from satisfied customers praise the machine's reliability, speed, and cost-effectiveness. The site also features a blog and social media links, showcasing the company’s engagement with its target audience.

Financially, Creasestream Ltd shows some concerning trends. Current assets have plummeted by 78%, falling to £26,000, while net assets have decreased by a significant 160%, landing at £24,000. Bank borrowings have increased substantially, and cash reserves have also declined. However, creditors have remained stable, suggesting some level of debt management. As a small company meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), it benefits from agility, but the decline in equity warrants attention. No auditor is mentioned, meaning the financial statements are unaudited. It's a bit of a mixed bag, really.

Registered in England/Wales under the registration number 10961633, with a registered address at LE19 1RJ, England, Leicester, Leicestershire, 11 Merus Court Meridian Business Park.

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