Crown Resources Limited

Crown Resources Limited, based in Cowbridge, UK, is a small, active company established nineteen years ago in 2005. Employing just two people and boasting a real address at Unit 8b Vale Business Park, Llandow, it's a solo-founded operation overseen by three directors and one owner, Foy Maria. The company operates in the retail sale of textiles in specialised stores, and it’s a regular importer of man-made staple fibers, with six months of import activity recorded as of February 2025.

The company’s website is minimal, indicating a focus on wholesale rather than direct-to-consumer sales. It seems like they supply textiles to other businesses, rather than selling directly to the public. There's no obvious e-commerce functionality, suggesting a business-to-business model.

Financially, Crown Resources Limited presents a mixed picture. While assets remain stable at £290,000, net losses widened to -£130,000, a significant increase. Bank borrowings decreased by 19% to £56,000, and creditors fell by 7.8% to £160,000, which could indicate better debt management. However, cash reserves plummeted 48% to £23,000, and net current assets ended in the negatives at -£130,000. The company meets two of three conditions to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

The decline in equity and negative current assets suggest the company is burning through cash, which is not uncommon for smaller businesses. The decrease in inventory could be a strategic move to reduce costs, or it could indicate slowing sales. The company's focus on importing man-made staple fibers, combined with the textile retail focus, suggests a niche market—but the financial pressures highlight the challenges of maintaining profitability in a competitive landscape.

Registered in England/Wales under the registration number 05533150, with a registered address at CF71 7PF, Cowbridge, South Glamorgan, Unit 8b Vale Business Park, Llandow.

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