Siesta Crafts Limited

Siesta Crafts Ltd, based in Kent, UK, is a small, family-run business with an active status, celebrating 21 years in operation. Employing 25 people and holding £2,728,628 in assets, the company operates from a real address and is managed by five directors and two owners. It’s a regular importer of clothing and accessories (excluding knitted or crocheted items), with 277 months of import activity recorded, and a regular exporter of clothing and accessories made by knitting or crocheting, with five months of export activity.

The company's website, Siesta Crafts UK, showcases a diverse range of products, from clothing and accessories to home décor, musical instruments, and gifts. It operates as an e-commerce site, offering free UK delivery over £35 and directing visitors to a wholesale site. The website emphasizes ethical sourcing, fair trade practices, and a commitment to global handicrafts. It also features collections like "Create an Outside Oasis" and "Seasonal Scents for Spring," suggesting a focus on seasonal trends and lifestyle products.

Financially, Siesta Crafts Ltd presents a mixed picture. Cash bank on hand has significantly decreased by 52%, falling to £600,000, while current assets have also seen a slight drop of 2%. However, current asset investments have doubled, increasing by 100% to £1,200,000. Creditors have fallen by 41%, and trade debtors have plummeted by 51%, which could indicate improved debt management. However, the company’s net assets remained relatively stable, increasing by just 1.1%. 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 decrease in cash reserves warrants attention. The accounts are abridged and unaudited, and no auditor is mentioned, which is common for small, exempt companies.

Overall, Siesta Crafts Ltd seems to be navigating a period of change. While the company’s e-commerce platform appears vibrant and well-stocked, the financial data suggests a need to manage cash flow effectively and possibly explore new avenues for growth.

Registered in England/Wales under the registration number 04852622, with a registered address at CT2 7EP, Kent, Unit 17 Roper Close, Canterbury.

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