Crystal Galleries Limited

Crystal Galleries Ltd, from Middlesbrough UK, is a small, family business with an active status, celebrating 42 years since its founding in 1983. Employing 51 people and holding assets of £3,163,497, the company operates from a real address and is led by five directors and two owners. It's a regular importer and exporter of glass and glassware, with 244 months of import activity and 29 months of export activity recorded, the latest in February 2025.

The company’s website is not available, so it’s difficult to determine if they operate an e-commerce site. However, the import and export activity suggests a business focused on wholesale or distribution rather than direct retail.

Financially, Crystal Galleries Ltd shows some concerning trends. Current assets have fallen by 19%, dropping to £3.2 million, while net assets have also decreased by 10%, sitting at £2.2 million. Bank borrowings have increased by 36%, reaching £730,000, and cash reserves have seen a significant jump of 96%, reaching £770,000. Trade debtors have also increased by 24%, reaching £620,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

The increase in bank borrowings and the decrease in net assets could indicate that the company is investing in its business or facing increased costs. The rise in trade debtors suggests that customers are taking longer to pay, which could strain cash flow. Overall, Crystal Galleries Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 01691214, with a registered address at TS5 4BE, United Kingdom, Middlesbrough, 1 Letitia Street.

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