Adfil Limited

Adfil Ltd from Leicestershire, UK, is a small holding company with an active status, established 28 years ago. The company employs seven people and holds assets totaling £3,101,622. It operates from a virtual address, registered with 47 other companies, and is overseen by five directors and one owner. Adfil Ltd regularly imports iron or steel products (31 months) and exports man-made staple fibers (14 months).

The company’s website, RJ Builders Hardware, is a comprehensive online retailer specializing in building supplies. It caters to trade customers, offering a wide range of products from cleaning supplies and tools to joinery, plastering materials, and safety equipment. The site features a trade account option, a dedicated help section, and a robust search function, indicating a focus on serving professional users. The site’s design is functional, with clear product categorization and detailed specifications—typical of a business targeting a B2B audience.

Financially, Adfil Ltd presents a mixed picture. While current assets increased slightly to £3,100,000, net assets decreased by 15% to £1,900,000. Bank borrowings rose by 18%, reaching £100,000, while cash reserves dropped 23% to £680,000. Trade debtors increased by 37%, suggesting a potential challenge in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants attention. The company’s financial statements are unaudited, as is typical for small companies.

The rise in bank borrowings and the decrease in cash reserves could indicate increased investment in inventory or marketing efforts, or perhaps a temporary cash flow squeeze. The increase in trade debtors may be a sign of extending credit terms to customers. While the company’s online presence suggests a thriving business, the financial data suggests it’s navigating a period of change and needs to closely monitor its cash flow and debt management.

Registered in England/Wales under the registration number 03270532, with a registered address at LE12 6JU, United Kingdom, Leicestershire, Saint-Gobain House East Leake, Loughborough.

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