Hobby Ceramicraft Limited

Hobby Ceramicraft Ltd from Reading UK: a small, active company founded 20 years ago, employs 10 people, and holds £1,033,824 in assets. It has a real address, three directors, and two owners. The company regularly imports ceramic products (130 months) and exports them too (6 months).

The company operates as a wholesale supplier of ceramics, offering a wide range of products including bisque, paints, glazes, kilns, and tools. Its website, Hobby Ceramicraft, caters to both established ceramic businesses and pottery enthusiasts. It even provides training and startup guidance for those looking to open their own contemporary ceramics outlet or clay cafe. The site also features a separate venture, 1066 Pianos, which specialises in high-end piano restoration—a surprising diversification from the core ceramic business.

Financially, Hobby Ceramicraft Ltd shows some interesting trends. Current assets have increased by a substantial 56%, reaching £1,000,000, while net assets have also grown significantly, jumping 38% to £880,000. Cash reserves have improved too, rising 40% to £350,000. However, trade debtors have seen a dramatic increase of 2600%, reaching £180,000—a potential sign of delayed payments or expanded credit terms. Creditors have also risen, increasing by 67% to £260,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it is exempt from an audit, so the figures are unaudited.

Overall, Hobby Ceramicraft Ltd appears to be in a healthy position, with growing assets and improved cash reserves. However, the sharp increase in trade debtors warrants closer monitoring. The diversification into piano restoration adds an intriguing element to the company’s profile, suggesting a willingness to explore new opportunities, but it's not clear how much this contributes to the overall business.

Registered in England/Wales under the registration number 05155219, with a registered address at RG7 1JF, Reading, Berkshire, Unit 1 & 2, Lambwood Hill Grazely.

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