Crest Trade Frames Ltd

Crest Trade Frames Ltd, based in Bridgend, UK, is a small, active company founded 13 years ago. With 17 employees and £632,032 in assets, it operates from a virtual address – a point to note as 35 companies share this location. Two directors and two owners manage the business, which boasts a perfect 5.0 Google rating from two reviews. The company regularly imports miscellaneous metal items, with its last import activity recorded ten months ago in July 2022.

The company’s website isn’t available for review, so it’s difficult to determine if they operate an e-commerce platform. However, they operate in the other retail sale of new goods in specialised stores industry.

Financially, Crest Trade Frames Ltd presents a mixed picture. Current assets have increased slightly to £630,000, while net assets have jumped a substantial 40% to £490,000. Bank borrowings have decreased by 55%, and cash reserves have fallen by nearly 50% to £120,000. Creditors have also decreased significantly, suggesting improved debt management. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in trade debtors by 30% could indicate a shift in payment terms or delayed customer payments. With no auditor mentioned, the figures are unaudited.

Overall, Crest Trade Frames Ltd appears to be financially stable, but the decrease in cash reserves and the increase in trade debtors are points to monitor. The company’s small size allows for agility, but the management needs to keep an eye on these trends to ensure long-term health.

Registered in Wales under the registration number 07731555, with a registered address at CF31 1BE, Bridgend, Mid Glamorgan, Court House, Court Road.

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