Krystan Limited

Krystan Limited is a small holding company based in Forton, Preston, UK, with an active status. Founded 39 years ago in April 1986, it employs 13 people and holds assets totaling £463,506. The company operates from a real address, is overseen by two directors, and has one owner. Krystan Limited regularly imports electrical machinery and equipment, with 183 months of import activity recorded.

The company’s website, KrystanGrace Art, reveals a unique artistic venture. KrystanGrace, the founder, is a monochrome portrait artist based in the UK, creating stories through black and white imagery. She organizes and curates independent exhibitions in unconventional spaces like wine bars and flower shops, redefining the boundaries of art spaces. Beyond the visuals, KrystanGrace sees art as a mindfulness tool, encouraging self-discovery and emotional exploration. The website showcases her work and offers coaching, prints, and commission services.

Financially, Krystan Limited’s recent report shows some concerning trends. Cash reserves decreased by 10% to £170,000, while net assets declined by 2% to £380,000. Creditors decreased by 23%, which is good, but trade debtors increased significantly by 63%, suggesting delayed payments from customers. Property, plant, and equipment saw a substantial drop, falling 72% to £8,100. Borrowings increased by 2,400% to £29,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned is consistent with its status as a small company.

Overall, Krystan Limited appears to be facing financial pressures despite its unique artistic venture. Whether it can sustain its operations and artistic pursuits remains to be seen, but the company’s small size and agility could prove advantageous in navigating these challenges.

Registered in England/Wales under the registration number 02012986, with a registered address at PR3 0AT, Forton, Preston, Unit 1 Jesmond Dene Trading Est, School Lane.

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