Leaf Crafts Ltd

Leaf Crafts Ltd, based in March, UK, is a small, active company founded seven years ago in 2018. Employing seven people, it holds £360,643 in assets and operates from a real address at Unit 1 Creek Fen Business Park. The business, owned and directed by Johnson Steven Mark, runs an e-commerce site and regularly imports wood and wood products, with its last import operation recorded three months ago in April 2023. It operates in the “other retail sale not in stores, stalls or markets” industries.

The company’s website, The Leaf Crafts, showcases a wide range of handcrafted solid wood furniture, from coffee tables and beds to cabinets and seating. It’s clear that the site is focused on online sales, with promotions like "Get 10 off on Orders Above 25,000!" and "Get 5 off Order Below 25,000" prominently displayed. The site emphasizes luxury and attention to detail, with descriptions highlighting “handmade” and “one-of-a-kind” pieces. New furniture arrivals are regularly updated, and the site even features a “Best Selling” section.

Financially, Leaf Crafts Ltd shows a mixed picture. Current assets increased by 11% to £360,000, while net assets increased by 15% to £260,000. However, bank borrowings decreased by 37%, and cash reserves dropped 14% to £140,000. Creditors also decreased by 7.4%, which could indicate improved debt management. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s depreciation on furniture fittings increased by 50%, which could be a sign of investment in new equipment. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Leaf Crafts Ltd appears to be a steady, if small, operation. The growth in assets and net assets is encouraging, but the drop in cash reserves warrants attention. The company’s focus on handcrafted furniture and online sales suggests a niche market strategy, but whether it can sustain growth remains to be seen.

Registered in England/Wales under the registration number 11279982, with a registered address at PE15 0BU, England, March, Cambridgeshire, Unit 1 Creek Fen Business Park, Creek Fen.

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