Crystal Hire Limited

Crystal Hire Ltd, based in Aldershot, UK, is a small, family-run business with an active trading status. Founded eighteen years ago in 2006, it employs seventeen people and holds £398,740 in assets. With a real registered address and three directors, alongside two owners, it’s a tight-knit operation. The company is an irregular importer of glass and glassware, with just two months of import activity recorded as of June 2022. It currently holds a stellar 5.0 Google rating based on twenty reviews.

The company’s website highlights its role as event hire specialists, offering glassware, cutlery, china, linen, furniture, and catering equipment. Whether organizing a large wedding, a corporate function, or an intimate dinner party, Crystal Hire prides itself on offering first-class customer service. The site emphasizes its ability to source additional items and provide suggestions to add that all-important finishing touch. It even boasts a family history, starting as an idea to hire glassware to private clients and venues across the South East of England, now a full-service event hire company.

Financially, Crystal Hire Ltd shows some concerning trends. Cash bank on hand dropped significantly by 27%, falling to £250,000. Current assets also decreased by 6.7% to £400,000, while net assets increased by 7.5% to £490,000. Debtor’s increased by 73% to £150,000, which could indicate a growth in sales but also a potential risk of delayed payments. Creditors also decreased by 45% to £88,000. 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 stay agile, but the decrease in cash reserves and increase in debtors is something to keep an eye on. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Crystal Hire Ltd appears to be holding its own, but the financial data suggests it’s navigating a period of change. The family-run nature and positive Google reviews are encouraging, but the company will need to manage its cash flow and debtor’s carefully to ensure long-term success.

Registered in England/Wales under the registration number 05934666, with a registered address at GU12 4DJ, Aldershot, Hampshire, Unit 11 Beck Industrial Estate, Blackwater Way.

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