Crown Workspace Limited

Crown Workspace Ltd, based in Enfield, UK, is a large, active company founded 28 years ago. With 213 employees and £10.56 million in assets, the company generates £24.04 million in yearly revenue. It operates from a real address and is overseen by four directors and one owner, boasting a respectable Google rating of 4.0 based on 44 reviews. The company regularly imports electrical machinery and equipment (for three months) and exports machinery, boilers, and mechanical appliances (for 21 months).

The company’s website, crownworkspace.co.uk, describes Crown Workspace as a specialist commercial relocation services provider. They offer a range of solutions including office moves, storage, and furniture disposal. The site highlights their experience, commitment to sustainability, and focus on customer satisfaction. While the website suggests a B2B focus, it doesn't appear to be an e-commerce platform—customers likely request quotes and services directly.

Financially, Crown Workspace Ltd presents a mixed picture. Current assets remained steady at £11 million, while revenue dipped slightly by 8% to £24 million. However, net assets took a significant hit, falling 25% to £7.4 million. Bank borrowings increased by 20%, reaching £1.8 million, while cash reserves decreased by 15% to £1.4 million. Creditors also rose by 10%, suggesting a need for better cash flow management. The company meets two of the three criteria for a large company—with turnover exceeding £36 million, balance sheet total over £18 million, and employees over 250. The lack of an auditor mentioned likely means the accounts are unaudited.

Overall, Crown Workspace Ltd appears to be a well-established company facing some financial headwinds. The decrease in net assets and increase in bank borrowings suggests a need for careful management of cash flow. However, the company's strong reputation, experienced team, and focus on commercial relocation services position it for continued success—although the recent trend is concerning.

Registered in England/Wales under the registration number 03250579, with a registered address at EN1 1TW, England, Enfield, Heritage House, 345 Southbury Road.

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