A.t. Cronin Workshop Limited

A.T. Cronin Workshop Limited, based in London, UK, is a small, family-run business with an active status, having been founded seven years ago in 2017. The company employs seventeen people and holds assets valued at £323,870. It operates from a virtual address, registered at Savoy House, Savoy Circus, which is shared by over a hundred other companies, and is managed by two directors and two owners, Block Ian Michael and Block Sophie Nicole. The company is a regular importer of special woven and decorative fabrics, having imported for five months, and a regular exporter of furniture, lighting, and prefabricated buildings, having exported for three months.

The company’s website, A.T. Cronin Workshop, emphasizes “excellence in craftsmanship and tradition.” It’s a leading manufacturer of curtains, upholstery, freestanding furniture, and wall upholstery, serving both residential and commercial clients in the UK and internationally. The company's work includes historical, high-end residential, and bespoke commercial projects. Enquiries are directed to call 020 8749 2995 or email sophieatcronin.co.uk.

Financially, A.T. Cronin Workshop Limited shows some concerning trends. Current assets have decreased by 21%, falling to £320,000. Net assets have also fallen slightly, dropping 4.2% to £160,000. Cash reserves have been hit hard, plummeting 71% to £39,000. However, creditors have decreased by 33%, which could indicate improved debt management. Bank borrowings have surged by a significant 110%, reaching £12,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in cash reserves and increase in borrowing suggest it's burning through money. The company’s unaudited financial statements, prepared by Wem & Co, don't mention an auditor.

The company's financial data reveals a mixed picture. While the business is clearly active and focused on high-quality craftsmanship, the declining cash reserves and increasing debt suggest it may need to carefully manage its finances to ensure long-term sustainability. The company’s focus on high-end projects and its strong online presence are positives, but the financial pressures warrant close attention.

Registered in England/Wales under the registration number 10901469, with a registered address at W3 7DA, United Kingdom, London, Savoy House, Savoy Circus.

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