Specialist Crafts Limited

Specialist Crafts Ltd, based in Leicester, UK, is a sizable company holding a position as a holding company with an active status. Established 24 years ago in 2000, the business employs 68 people and manages assets totaling £7,931,052, generating a yearly revenue of £15,522,974. It has a real address and is overseen by three directors and one owner. The company operates an e-commerce site and maintains a Google rating of 4.0 based on 26 reviews. It regularly imports miscellaneous manufactured goods (267 months) and exports machinery, boilers, and mechanical appliances (109 months).

The company’s website, Dryad Education, serves as a hub for arts, crafts, and technology supplies. It offers a wide range of products, from paints and paper to sewing machines and safety equipment, catering to schools, artists, and hobbyists. The site features educational resources, product demonstrations, and a blog with creative ideas. It’s clear that Specialist Crafts Ltd is a major player in the UK’s arts and crafts market, with a strong online presence and a diverse product offering.

Financially, Specialist Crafts Ltd’s numbers present a mixed picture. While turnover increased by a healthy 36%, net assets dropped by 19% to £4,700,000. Bank borrowings increased significantly by 35%, reaching £34,000, while cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s size (meeting two of three conditions for a large company) allows it to adapt quickly, but the decrease in equity raises questions about its long-term stability. The company’s accounts are unaudited, relying on director-reported data.

The increase in administrative expenses by 37% could be attributed to the company’s growth and expansion efforts. The company’s focus on importing and exporting suggests a global supply chain, while its e-commerce platform indicates a strong emphasis on online sales. With a solid reputation and a diverse product range, Specialist Crafts Ltd appears to be navigating the challenges of a competitive market, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 04094887, with a registered address at LE4 9HQ, Leicester, 21 Mountain Road.

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