Leather 4 Craft Limited
- Small
- Active
- 15 years
- 4 employees
- £74,259 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
- E-commerce
- Rating 5.0 (126)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Leather4Craft Ltd, based in Willingdon, UK, is a small, active company founded fifteen years ago in 2009. With four employees and £74,259 in assets, it operates from a virtual address – eighteen other companies share the same location – and is led by a solo founder, director, and owner, Garrioch Stephen Christopher. The company's e-commerce site, Leather4Craft, enjoys a stellar 5.0 Google rating based on 126 reviews.
Leather4Craft specializes in supplying the craft market with high-end leather, offering a vast range of cowhide, goatskin, nappa, sheepskin, and more, available in various thicknesses, colors, and patterns. The site also sells tools, patterns, and offers workshops, catering to both individual crafters and wholesale buyers. They even boast a partnership with high-end brands like Badalassi Carlo and Horween, showcasing a commitment to quality.
Financially, Leather4Craft Ltd’s recent report presents a mixed picture. Current assets have decreased by 28% to £74,000, while net assets have fallen by 20% to £36,000. Bank borrowings have decreased by 67%, reaching £1,600, and cash reserves have dropped by 61% to £6,100. Creditors have also decreased by 19%, suggesting better debt management. The company's small size – meeting two of three criteria for being small – allows for flexibility, but the decline in equity raises questions. The report is unaudited, as is typical for small companies.
The company's reliance on online sales and a strong Google rating suggests a loyal customer base, but the financial data indicates a need for careful management. Whether the company can maintain its growth trajectory remains to be seen, but its focus on quality leather and customer service provides a solid foundation.
Registered in England/Wales under the registration number 06941137, with a registered address at BN20 9HL, England, Willingdon, East Sussex, 126 Wish Hill.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Garrioch Stephen Christopher
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Garrioch Stephen Christopher
- 15 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Total exemption full accounts made up to 2024-06-30Download 9 pages pdf report
-
Previous accounting period shortened from 2024-06-29 to 2024-06-28Download 1 page pdf report
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Confirmation statement made on 2024-07-21 with no updatesDownload 3 pages pdf report
FAQ about Leather 4 Craft Limited
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