Elliot Rhodes Ltd

Elliot Rhodes Ltd, based in Trowbridge, UK, is a small, family-run business with an active status. Established 21 years ago, the company employs eight people and holds £543,302 in assets. It operates from a virtual address, managed by two directors and three owners. The company regularly imports miscellaneous metal items, with 40 months of import activity recorded, and exports leather goods, travel bags, and animal harnesses, boasting 73 months of export activity.

The company’s website showcases a focus on luxury belts and buckles, offering a wide range of styles for both men and women. It appears to be primarily an e-commerce operation, allowing customers to create their own bespoke belts through an interchangeable system. The website highlights craftsmanship, unique designs, and a focus on high-quality materials, with a section dedicated to limited-edition buckles and collaborations.

Financially, Elliot Rhodes Ltd presents a mixed picture. Accrued liabilities decreased by 35%, and bank borrowings fell by 39%, suggesting improved financial management. However, cash bank on hand dropped by 43%, and net assets only increased by 14%, indicating potential cash flow pressures. Creditors also decreased by 21%, which is a good sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in cash reserves warrants attention. There’s no auditor mentioned, which is common for small companies.

Overall, Elliot Rhodes Ltd appears to be a well-established business with a strong brand identity and a focus on quality. However, the recent financial trends suggest a need to carefully manage cash flow and potentially explore new revenue streams to ensure long-term sustainability.

Registered in England/Wales under the registration number 04983052, with a registered address at BA14 7FJ, United Kingdom, Trowbridge, Wiltshire, County Gate, County Way.

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