The Crafty Glass Box Limited

The Crafty Glass Box Ltd from Bordon UK: small company, active status, founded 9 years ago, 1 employee, £136,118 assets, real address, 2 directors, 9 owner, solo founder. Regular importer of glass and glassware (18 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 mail order houses or via internet industries.

The Crafty Glass Box specializes in mosaic tiles and glass pebbles, offering a vast range of products at very competitive pricing. Its website showcases an extensive catalog, from 4.8mm square tiles to irregular glass shapes, catering to both hobbyists and professionals. The site’s design is clean and user-friendly, with clear product categories and detailed descriptions. It’s clear the company is focused on e-commerce, with a prominent online shop and a call to action to "Shop Glass Shapes" and "Shop Supplies." The site also offers value colour packs and a selection of beads, accents, and tools. A blog section reinforces its expertise in mosaic art.

Financially, The Crafty Glass Box Ltd presents a mixed picture. Current assets have declined by 13% to £140,000, while net assets have fallen by 18% to £93,000. Bank borrowings have increased significantly by 160%, reaching £24,000, and cash reserves have decreased by 85% to just £2,700. Creditors have also increased slightly by 2.4% to £44,000. The company’s single employee reported is a notable change from the previous year, suggesting either increased workload for the owner or a shift in operational strategy. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s financial data suggests it’s facing some challenges, particularly with cash flow. While the business appears to be active and well-stocked, the decline in cash reserves and increase in bank borrowings raise questions about its sustainability. The increase in bank borrowings could be a sign of investment in inventory or marketing, but it also indicates a reliance on external financing. The company's success will likely depend on maintaining its online sales and managing its costs effectively.

Registered in England/Wales under the registration number 09749476, with a registered address at GU35 9ND, England, Bordon, Faldonside Forge Road, Kingsley.

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