Crystal Products Ltd
- Small
- Active
- 3 years
- £14,747 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Crystal Products Ltd, based in Harrow, UK, is a small, active company founded three years ago. It’s a solo-founder operation with a real address, one director, and one owner, operating an e-commerce site specializing in fluid protection. The company’s core business revolves around the retail sale of desiccant breathers via mail order and internet, offering a range of products designed to protect lubricants and equipment from moisture and particles. Their website showcases various breather models, including standard, long-life, and refillable options, alongside mounting adapters and cap replacers—a comprehensive offering for industrial applications.
Financially, Crystal Products Ltd shows some interesting trends. Current assets have jumped significantly, increasing by 2,100% to reach £15,000, while net assets have also seen a substantial improvement, rising by 320% to £1,300. Cash bank on hand has also increased by 1,600%, reaching £12,000. However, creditors have also increased substantially, rising by 930% to £13,000. The company’s small size—meeting two of three criteria for a small company—helps it stay nimble, but the increase in creditors suggests a need to manage debt carefully. The company’s retained earnings and accumulated losses are both at £1,300. There’s no auditor mentioned, likely due to the company’s exemption as a small entity, and the accounts are described as “filleted.”
The substantial increase in assets and cash, despite the rise in creditors, suggests a period of growth for Crystal Products Ltd. It’s possible the company has invested in inventory to meet increasing demand, or perhaps expanded its marketing efforts. It's also worth noting that the company’s solo founder status—Mr. Panchal—likely contributes to its lean operation, but could also present challenges in scaling the business.
Registered in England/Wales under the registration number 13463136, with a registered address at HA2 6DJ, United Kingdom, Harrow, Middlesex, 6 Yeoman Court Pinner Road, United Kingdom.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Panchal Devendrakumar
- 3 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Panchal Devendrakumar Virchandbhai
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Total exemption full accounts made up to 2024-06-30Download 6 pages pdf report
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Director's details changed for Mr Devendrakumar Virchandbhai Panchal on 2023-10-16Download 2 pages pdf report
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Change of details for Mr Devendrakumar Virchandbhai Panchal as a person with significant control on 2023-10-16Download 2 pages pdf report
FAQ about Crystal Products Ltd
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