Crimple Limited

Crimple Ltd from Harrogate UK is a small holding company with an active status, established 32 years ago in 1992. The company employs 90 people and holds £538,425 in assets. It operates from a real address and is overseen by one director and one owner. Regular importing of furniture, lighting, and prefabricated buildings has been ongoing for four months.

The company specializes in creating fine food stores, offering design, supply, installation, and eco-friendly solutions. Its website highlights expertise in refrigeration and shopfitting for various food retail businesses, including butchers, farm shops, and cafes. They work with leading European manufacturers and offer bespoke design services, from spatial planning to final finishes. The company also emphasizes its commitment to environmentally focused solutions, minimizing environmental impact.

Financially, Crimple Ltd’s report shows some concerning trends. While turnover remains undisclosed, net assets have plummeted by 150%, landing at -£380,000. Bank borrowings have increased significantly, rising by 20%, reaching £120,000. Cash reserves have also decreased by 29%, down to £610. Creditors have fallen by 55%, suggesting improved debt management, but the substantial equity decline is a red flag. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, meaning the report is unaudited. The average number of employees has also decreased by 19%, from 90 to 73. The company has elected not to include a copy of the profit and loss account within the financial statements.

Overall, Crimple Ltd appears to be facing financial headwinds despite its established presence and specialized services. The decline in equity raises questions about its long-term viability, although its focus on eco-friendly solutions and its ability to manage creditors could provide a foundation for recovery.

Registered in England/Wales under the registration number 02725582, with a registered address at HG3 1EW, England, Harrogate, Weetons Leeds Road, Pannal.

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