The Craftlight Company Limited

The Craftlight Company Ltd from Lowestoft UK: small company, active status, founded 43 years ago, 3 employees, £26,137 assets, real address, 2 directors, 2 owners, family business, google rating 4.0 based on 5 reviews. Regular importer of none (10 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via stalls and markets of other goods industries.

The Craftlight Company Ltd is a family-run business specializing in high-definition lighting solutions, particularly for reading, sewing, and crafting. Their website showcases a wide range of products, including lamps, magnifying glasses, and bulbs, with a strong emphasis on daylight technology. The site also offers a selection of books and magazines, suggesting a focus on catering to a specific niche market. They appear to be selling directly to consumers through their website, with clear product descriptions and a “value home products” section.

Financially, the company has seen some shifts. Current assets have decreased by 32% to £26,000, while net assets have dropped by 15% to -£45,000. Bank borrowings have increased significantly, rising by 67% to £6,700. Creditors have also increased, reaching £50,000. Despite these challenges, the company’s small size and family ownership likely provide flexibility. The lack of an auditor mentioned suggests the company is exempt from an audit due to its size. The figures are unaudited, so they should be viewed with caution. It seems like the company is managing, but it’s worth noting that the increase in borrowings could indicate a need for additional funding.

Registered in England/Wales under the registration number 01603942, with a registered address at NR32 1LW, England, Lowestoft, Suffolk, 17 Surrey Street.

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