Croft Mill Uk Limited

Croft Mill UK Ltd, based in Colne, UK, is a small, active company founded 16 years ago. With nine employees and £543,874 in assets, it’s a well-established business boasting a perfect 5.0 Google rating from 652 reviews. The company is led by two directors and a single owner, who also serves as the solo founder. It regularly imports knitted or crocheted fabrics, with recent activity recorded six months ago.

The company operates as a fabric shop, both online and in person, offering a wide range of textiles, dressmaking supplies, and patterns. Its website showcases a vast selection, from cotton poplin to wool suiting, catering to both commercial and individual customers. It also offers a selection of patterns, haberdashery, and even offers a range of fabric bundles. The site’s extensive product listings and detailed descriptions highlight its commitment to providing a comprehensive shopping experience.

Financially, Croft Mill UK Ltd shows a mixed picture. Current assets increased by 11%, reaching £540,000, while net assets grew by 6.5% to £450,000. Cash bank on hand increased significantly by 19%, reaching £310,000. However, trade debtors rose sharply by 140%, suggesting potential challenges in collecting payments. Creditors also increased by 27%, indicating a reliance on short-term financing. Prepayments increased by a huge 480%, which could be a one-off event. The company meets two of the three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit.

Overall, Croft Mill UK Ltd appears to be a financially stable business with a strong online presence and a loyal customer base. The increase in trade debtors, however, warrants attention to ensure continued financial health.

Registered in England/Wales under the registration number 06817088, with a registered address at BB8 8DQ, England, Colne, Lancashire, Croft Mill (Uk) Ltd Office Unit 5/6, Primet Business Centre.

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