Royal Scot Crystal Limited

Royal Scot Crystal Ltd, based in Loughton, UK, is a small, family-run business with an active status, celebrating 37 years in operation. Employing 13 people, the company holds £846,921 in assets and operates from a real address, overseen by four directors and two owners. It’s a business that’s embraced the digital age, running an e-commerce site and regularly importing and exporting glass and glassware – 106 months of importing and 44 months of exporting activity recorded.

The company’s website showcases a vast selection of crystal drinkware, from beer glasses and gin tonics to decanters and bespoke gift sets. It caters to a wide range of occasions, offering personalized engraving and corporate gifting options. The site also highlights its piano restoration venture, showcasing museum-grade restorations and self-play system integrations.

Financially, Royal Scot Crystal Ltd presents a mixed picture. While cash reserves increased by 24% to £440,000, current assets dipped slightly to £850,000. Trade debtors increased by a substantial 23%, suggesting a possible shift in payment terms or increased sales on credit. Creditors also rose by 17%, and bank borrowings increased significantly. Despite these changes, the company remains small, meeting two of three conditions for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The lack of an auditor mentioned suggests the company is exempt from an audit as a small company, relying on unaudited statements.

The company's increased bank borrowings and slightly decreased assets suggest a period of investment or expansion, although it's difficult to say for sure. The continued import and export activity, combined with the thriving e-commerce presence, indicates a business that’s adapting to market demands, though careful management of its finances will be crucial for long-term success.

Registered in England/Wales under the registration number 02136876, with a registered address at IG10 4EB, Loughton, Essex, West Lodge, 2 Westfield.

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