Crimsonplace Limited

Crimsonplace Limited is a small, active company based in Northwood, UK, founded 24 years ago in 2000. With £1,140,512 in assets and a real registered address, it's a solo-founded operation run by three directors and two owners. The company employs just three people and operates from a virtual address, registered at a location shared by 65 other businesses.

Crimsonplace Limited's core business involves importing soaps, cleaning products, and waxes, with 3 months of import activity recorded. It also regularly exports miscellaneous food products, boasting 85 months of export activity. The company operates in the wholesale of household goods (other than musical instruments) n.e.c. industries.

The company’s website is non-existent, so it’s difficult to assess its e-commerce presence.

Financially, Crimsonplace Limited shows a mixed picture. Current assets remained stable at £1,100,000, while net assets increased by 2%, reaching £580,000. Bank borrowings surged by a significant 190%, reaching £95,000—a notable increase. Cash reserves, however, rose by 90%, reaching £36,000. Trade debtors increased by 22%, suggesting potential growth in sales. Creditors decreased slightly by 4.5%, which could indicate better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in bank borrowings warrants a closer look. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial data also indicates a decrease in total inventories by 69%, which could be a concern. It's also worth noting that the company’s deferred tax policy involves recognizing all timing differences, which could have implications for future tax liabilities.

Registered in England/Wales under the registration number 04056143, with a registered address at HA6 1NW, England, Northwood, Argyle House, Joel Street.

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