Teakcroft Limited

Teakcroft Ltd from Carlton, Saxmundham UK is a small, active company founded 25 years ago. With 13 employees and £725,215 in assets, it operates from a real address and is overseen by three directors and two owners. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with just one month of imports recorded as of March 01, 2021.

The company's website reveals a focus on bespoke cardboard box manufacturing. Teakcroft caters to businesses needing custom box solutions, offering design assistance, die-cutting services, and colour printing. They handle both small runs and bulk orders, delivering throughout the UK, particularly to London and Kent. The company boasts 30 years of industry experience and emphasizes a family-run business model, providing a personal service and fast turnaround times.

Financially, Teakcroft Ltd’s numbers present a mixed picture. Current assets increased by 15% to £730,000, while net assets grew by 6% to £650,000. Bank borrowings decreased by 11% to £170,000. Trade debtors increased by 10%, suggesting a possible shift in payment terms with customers. Cash reserves, however, fell by 30% to £28,000. The company meets two of three conditions to be considered small (turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees). As a small company, it is likely exempt from an audit, and the financial statements are unaudited.

The company’s focus on custom manufacturing and its long-standing presence in the industry suggest a stable business model. However, the decrease in cash reserves warrants attention, and the company will need to manage its working capital effectively to maintain its financial health.

Registered in England/Wales under the registration number 03880729, with a registered address at IP17 2NL, Carlton, Saxmundham, Suffolk, Carlton Park Industrial Estate, Main Road,.

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