Just Crafts (wholesale) Ltd

Just Crafts Wholesale Ltd from Chalford UK is a small, active company founded 42 years ago, in 1982. It holds £765,435 in assets and operates from a real address, managed by three directors and a single owner. The company regularly imports special woven and decorative fabrics—five months of import activity recorded—and occasionally exports wood and wood products, with just one month of export activity. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

The business operates in the wholesale of household goods (other than musical instruments) n.e.c., and its website, while non-existent, suggests a focus on craft supplies and fabrics. It’s a tight-knit operation, likely family-run, given the long history and small size.

Financially, Just Crafts Wholesale Ltd presents a mixed picture. Current assets have increased slightly, rising 1.8% to £770,000, while net assets have grown by 4.4% to £1,000,000. Cash reserves remain stable at £380,000. However, trade debtors have increased significantly, jumping 65% to £42,000, suggesting potential issues with customer payments. Bank borrowings remain unchanged. Creditors have also increased by 16%, reaching £33,000. The company’s small size helps it remain agile, but the rise in debtors warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Just Crafts Wholesale Ltd appears to be holding its own, but the increase in outstanding debts is something to keep an eye on. The company’s long history and focus on specialized fabrics suggest a loyal customer base, but navigating the current economic climate will be key to its continued success.

Registered in England/Wales under the registration number 01665525, with a registered address at GL6 8HN, Chalford, Stroud Gloucestershire, Stitchery House, London Road.

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