Crown Supplies Limited

Crown Supplies Ltd, based in Norwich, UK, is a well-established small company with an active status, having operated for 31 years. Employing 70 staff and holding assets of £889,692, it’s a significant player in its sector. The company, owned by Jeans Robert Stanley and Mcnicol James, has three directors and boasts a 5.0 Google rating from 47 reviews, a testament to its customer service. It operates an e-commerce site and specializes in the import and export of machinery, boilers, and mechanical appliances, with irregular activity recorded over the past year.

The company’s website showcases a vast range of catering equipment and kitchen supplies, from tableware and glassware to refrigeration and cooking appliances. It caters to a diverse clientele, offering everything from basic utensils to high-end commercial equipment. The site is well-organized and user-friendly, with clear product categories and detailed specifications. It’s clear that Crown Supplies Ltd is focused on providing a comprehensive solution for businesses in the hospitality industry.

Financially, Crown Supplies Ltd presents a mixed picture. While cash bank on hand increased dramatically by 360% to £48,000, creditors have also risen significantly, jumping 35% to £630,000. This suggests the company is leveraging credit to fuel growth, but also carries increased financial risk. Average number of employees has also increased by 16% to 81. Debtors have increased by 38% to £640,000, which could indicate issues with customer payments. Despite these challenges, net assets have increased by 56% to £280,000. 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 remain nimble, but the rise in debt warrants close monitoring. As a small company, it is exempt from an audit, relying on unaudited financial statements. The company's commitment to maintaining a strong online presence and offering a wide range of products suggests a focus on customer acquisition and retention, despite the financial pressures.

Registered in England/Wales under the registration number 02899732, with a registered address at NR6 6AQ, Norwich, Unit 3 Vulcan Road North.

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