Customworks Ltd

Customworks Ltd, based in Bo'ness, UK, is a small, family-run business with an active status. Founded 28 years ago in March 1997, the company employs 43 people and holds assets valued at £1,817,870. With three directors and two owners, it operates from a real address on Linlithgow Road, and is a regular importer and exporter of electrical machinery and equipment – 99 months of imports and 107 months of exports recorded.

The company's website, Customworks, is a trade site selling gifts, stationery, tableware, and art. It caters to museums, galleries, and visitor sites, offering bespoke services and a wide range of products featuring designs from artists like Charles Rennie Mackintosh and Van Gogh. The site emphasizes free shipping for orders over £400 and encourages businesses to sign up for trade pricing.

Financially, Customworks Ltd shows some interesting trends. While net assets increased by 27%, reaching £1.4 million, cash reserves saw a significant jump, rising 170% to £700,000. However, creditors also increased substantially, rising 68% to £680,000, suggesting a reliance on credit. Trade debtors decreased by 11%, a positive sign for cash flow. The company’s size – meeting two of three criteria for a small company – allows for flexibility, but the increase in creditors warrants attention. Bank borrowings decreased by 44%, a good sign for debt management. The company’s unaudited accounts, likely exempt due to its small size, rely on director-reported data.

Overall, Customworks Ltd appears to be a stable, growing business, but it’s important to monitor its debt levels to ensure long-term financial health. The company’s focus on bespoke services and its wide product range suggest a strong market position, and the increase in cash reserves provides a buffer against unexpected challenges.

Registered in Scotland under the registration number SC173894, with a registered address at EH51 0QG, Bo'Ness, 1/3 Bowmains Industrial Estate, Linlithgow Road.

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