Raven Forge Limited

Raven Forge Limited, based in Crosshills, UK, is a small, active company founded five years ago in 2020. With ten employees and £717,434 in assets, it’s a modest operation led by two directors and a single owner, Ive Thomas. The company boasts a perfect 5.0 Google rating from twelve reviews, reflecting positive customer experiences. It’s a regular importer, primarily of basic metal tools and utensils, with 33 months of import activity recorded, the latest in October 2024.

Raven Forge Limited operates in the retail sale via mail order houses or via internet industries, a sector that’s increasingly competitive. Its website, while not detailed, suggests a focus on supplying metalworking tools and related equipment. It's unclear if the company has a physical storefront or showroom, but its online presence indicates a direct-to-consumer model.

Financially, Raven Forge Limited presents a mixed picture. Current assets have increased by 14%, reaching £720,000, which is good news. However, cash reserves have decreased by 19%, falling to £190,000. Trade debtors have seen a massive 8,100% increase, jumping to £240,000 – a significant rise that could indicate delayed customer payments or an expansion of credit terms. Creditors have decreased by 17%, suggesting better debt management. Bank borrowings remain stable at £2,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the rise in debtors needs monitoring. As a small company, it’s exempt from an audit, so the figures are unaudited.

The increase in employees from 10 to 12 could be a sign of growth, but it also means increased wage expenses. Overall, Raven Forge Limited seems to be navigating a challenging environment, balancing growth with careful financial management.

Registered in England/Wales under the registration number 12443803, with a registered address at BD20 7BW, England, Crosshills, Unit 6 & 7 Riparian Court, Riparian Way.

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