The Crude Oil Company Ltd

The Crude Oil Company Ltd, based in Knaresborough, UK, is a small, active company founded ten years ago in 2014. With three employees and £1,432,246 in assets, it operates from a real address and is led by one director and two owners. The company regularly imports rubber and rubber products, with its last import operation recorded five months ago in 2019.

The company’s website, Lubido Intimate Lubricants, focuses entirely on the sale of intimate lubricants. It ships only to UK addresses and offers a 10% discount with a promo code. The site highlights its range of vegan-friendly, hypoallergenic formulas and emphasizes safe, sustainable pleasure. It’s clear the company’s core business is e-commerce, with a focus on direct-to-consumer sales. They have a physical HQ in Knaresborough and offer customer service via phone and email.

Financially, The Crude Oil Company Ltd shows a mixed picture. Cash bank on hand increased significantly by 83%, reaching £730,000, which is good news. However, creditors also rose considerably, up 88% to £260,000, suggesting increased reliance on short-term borrowing. Current assets grew by 43% to £1,400,000, but trade debtors increased by 27%, which could indicate challenges in collecting payments. Equity also saw a healthy increase of 37%, reaching £1,200,000, which is a positive sign. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the increase in creditors warrants monitoring. No auditor is mentioned, which is typical for companies of this size.

Overall, The Crude Oil Company Ltd seems to be growing, but it's important to keep an eye on its debt levels. The company's focus on a niche market—intimate lubricants—and its commitment to vegan-friendly products could be key to its continued success, but managing its finances will be crucial.

Registered in England/Wales under the registration number 09314012, with a registered address at HG5 9AY, England, Knaresborough, North Yorkshire, Conyngham Hall Business Centre C/O Cpy Business Solutions Ltd, Bond End.

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