Katy Craig Limited

Katy Craig Limited, based in Barnsley, UK, is a small, active company established 14 years ago. With two employees and £427,491 in assets, it operates from a virtual address, a common trait for smaller businesses. Founded and managed by a solo entrepreneur, Craig Katy Elizabeth, the company has one director and one owner. It’s a regular importer of jewelry, precious stones, and metals, with 47 months of import activity recorded, the latest in January 2025. The company’s business involves retail sales via mail order houses or via the internet.

The company’s website, while not providing detailed operational information, suggests a focus on online retail. The branding and product range align with the import activity, indicating a curated selection of jewelry and related items sold directly to consumers. The lack of a robust e-commerce platform may mean the business relies on other online marketplaces or direct sales channels.

Financially, Katy Craig Limited shows a mixed picture. Current assets decreased by 9.8% to £430,000, while net assets fell 7.4% to £390,000. Cash bank on hand experienced a significant drop of 77%, plummeting to £28,000. Trade debtors increased by 20%, potentially indicating a shift towards offering credit terms to customers. However, bank borrowings surged by 2,400%, reaching £9,000, which could be a sign of increased financing needs. 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 flexibility, but the drop in cash reserves warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Katy Craig Limited appears to be navigating a period of financial adjustment. While the import business remains active, the company needs to manage its cash flow and borrowing levels to ensure long-term sustainability. The solo founder’s expertise and the company’s niche focus on jewelry could be key to overcoming these challenges.

Registered in England/Wales under the registration number 07352401, with a registered address at S71 3PQ, United Kingdom, Barnsley, South Yorkshire, Henry Morgan House Industry Road, Carlton.

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