John Craddock Limited

John Craddock Ltd, based in Cannock, UK, is a well-established small company with an active status. Founded 45 years ago in 1980, it employs 44 people and holds assets valued at £1,345,422. The company, with two directors and a solo founder, operates a thriving e-commerce site and boasts a 3.0 Google rating from 629 reviews. It’s a regular importer and exporter of vehicles, parts, and accessories (excluding trains and trams), with 18 months of import activity and 209 months of export activity recorded.

The company's website showcases a vast selection of Land Rover parts and accessories, catering to enthusiasts and owners of various models, from the classic Series 1 to modern Defenders and Range Rovers. It also highlights restoration services and offers a wide range of accessories, including roof racks, winches, and protective gear. The website emphasizes British craftsmanship and a commitment to quality, positioning John Craddock Ltd as a leading supplier in the Land Rover community.

Financially, John Craddock Ltd presents a mixed picture. While fixed assets increased by a substantial 29%, indicating investment in equipment or property, cash bank on hand dramatically decreased by 96% to a mere £2,500. Liabilities also increased, with creditors rising by 9%. Debtor amounts increased by 43%, which could indicate expanding sales but also potential issues with customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant drop in cash reserves warrants attention. The accounts are unaudited, as is typical for small companies, and no auditor is mentioned.

The company’s reliance on a single cash bank account, and the large increase in liabilities, suggests it’s burning through cash faster than it’s generating it. However, the growth in fixed assets and debtors could indicate a period of expansion and investment. It will be interesting to see how these trends evolve in the coming months.

Registered in England/Wales under the registration number 01488564, with a registered address at WS11 0JE, England, Cannock, 7 Progress Drive.

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