The Crafty Kit Company Ltd

The Crafty Kit Company Ltd, based in North Berwick, UK, is a small, active company founded twelve years ago in 2013. With seven employees and £273,331 in assets, it operates from a real address and is led by one director and owner. The company runs an e-commerce site and regularly imports machinery, boilers, and mechanical appliances – parts, with the most recent import in November 2024. It also exports toys, games, and sports equipment, with the last export recorded in November 2020.

The company's website showcases a wide range of craft kits and supplies, catering to both beginners and experienced crafters. It emphasizes handmade quality and offers a variety of brands, including Paddington, Miffy, and Trimits. The site also features a "Crafting Hub" with tutorials and video guides, demonstrating a commitment to customer engagement and education.

Financially, The Crafty Kit Company Ltd presents a mixed picture. Cash bank on hand increased significantly by 62% to £120,000, a positive sign of improved liquidity. However, creditors rose by 38% to £160,000, suggesting increased reliance on short-term financing. Net assets remained relatively stable at £130,000, despite a slight decrease. The company's small size (meeting two of three criteria for a small company) allows for flexibility, but the rise in creditors warrants monitoring. With no auditor mentioned, the figures are unaudited.

The company's increase in fixed assets by 37% to £15,000 could indicate investment in new equipment or infrastructure. While the business seems to be doing well, it’s important to note that the company’s debt is increasing.

Registered in Scotland under the registration number SC446578, with a registered address at EH39 5LN, Scotland, North Berwick, East Lothian, Unit 7 Prora Steading, Drem.

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