Croft Filters Ltd

Croft Filters Ltd, based in Warrington, UK, is a small holding company with an active status, established twelve years ago in 2012. The company employs seventeen people and holds assets totaling £635,759. With two directors and one owner, Croft Filters Ltd operates from a real address and regularly imports and exports machinery, boilers, and mechanical appliances, parts.

The company specializes in bespoke cone filters, witches hat filters, and conical strainers, catering to various industries. Unlike off-the-shelf products, Croft Filters focuses on custom solutions, working with clients to design and manufacture filters to their exact specifications. The company offers a range of materials, including stainless steel, copper, brass, and alloys, and even provides material certification upon request. The website highlights the company's 35 years of experience in filtration and emphasizes British craftsmanship.

Financially, Croft Filters Ltd shows some concerning trends. While current assets remain stable at £640,000, net assets have increased by 32% to £260,000. Bank borrowings have decreased by 4.1% to £170,000, and cash reserves have plummeted 60% to £28,000. Trade debtors have increased by 7%, while creditors have decreased by 14%. 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 decrease in cash reserves warrants attention. The company is exempt from an audit, so the financial statements are unaudited. The increase in specific advances to directors, totaling £122,000, may indicate a reliance on personal funding, which could be a risk.

Registered in England/Wales under the registration number 08235305, with a registered address at WA3 6BL, Warrington, Unit 2 Beech Court, Taylor Business Park, Risley.

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