North West Crystals Uk Ltd

North West Crystals UK Ltd, based in Clitheroe, UK, is a small, family-run business with an active status. Founded four years ago, the company employs two people and holds £25,021 in assets. Confirmation is overdue by two months, a common occurrence for smaller firms. It has two directors and two owners, and operates from a real address. The company is an irregular importer, with its top import category being Jewelry, precious stones, and metals, totaling 2 months of imports. The last import operation was conducted on February 1, 2023.

The company’s website, Bedrocks And Broomsticks, showcases a wide selection of crystals and related products, catering to both new and experienced collectors. It operates as an e-commerce business, selling crystals, gemstones, and related items online. The site features a blog, a forum, and even a shared gallery, suggesting a community-focused approach. It also offers services like shipping information, terms of use, and a privacy policy. The website highlights a team of three: Adrian Rose and Louise Rose as directors, and Emily Rose as Clitheroe store manager.

Financially, North West Crystals UK Ltd presents a mixed picture. Current assets have decreased significantly by 49% to £25,000, while net assets have plummeted 840% to -£66,000. Bank borrowings have increased by 160% to £16,000, and cash reserves have fallen 48% to £690. Creditors have increased by 74% to £100,000. 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 substantial equity loss is concerning. There's no auditor mentioned, likely due to its small size and exemption from an audit.

The sharp decline in equity suggests the company is burning through cash, perhaps investing heavily in inventory or marketing. While the e-commerce side appears active and well-received, the financial data indicates a need for careful management. The company’s reliance on family ownership and a community-focused website may help sustain it, but addressing the financial pressures will be key to long-term success.

Registered in England/Wales under the registration number 13197923, with a registered address at BB7 1AZ, England, Clitheroe, 22a Castlegate.

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